Association News

Association News

PMA Business Conditions Report forecasts steady conditions.

November 29, 2012

According to November 2012 PMA Business Conditions Report, metalforming companies expect steady business conditions during next 3 months; 45% of 125 sampled metalforming companies anticipate economic activity will remain unchanged. Companies also expect slight uptick in incoming orders over same time period, while average daily shipping levels remained steady. Percentage of companies with workforce on short time or layoff increased to 17%, up from 1% from October and same as 1 year ago. Read More

Association News

EPA raises food waste awareness on America Recycles Day.

November 29, 2012

For 15th annual America Recycles Day, held on November 15, EPA renewed its commitment to helping Americans reduce wasted food with Sustainable Materials Management Food Recovery Challenge. Initiative helps participants make purchasing decisions, find uses for surplus food, and recycle rather than send waste to landfills. Agency says each year, over 33 million tons of food are combusted or end up in landfills, where it produces methane that contributes to climate change. Read More

Association News

EPA launches septic system maintenance awareness program.

November 29, 2012

EPA launched SepticSmart program encouraging homeowners to take steps to maintain their home septic systems, preventing expensive repairs and pollution to local waterways. National program aims to educate homeowners about proper daily system use and need for periodic maintenance. Suggesting inspections every 3 yr and other tips, it also provides industry practitioners, local governments, and community organizations with tools and materials to educate clients and residents. Read More

Association News

CSA Group acquires Orb Optronix.

November 29, 2012

CSA Group has acquired Orb Optronix, a privately held company located in Kirkland, Washington, that specializes in the characterization, measurement, and testing of discrete LEDs, LED arrays, LED light engines, LED replacement lamps, and LED luminaires. Acquisition of Orb Optronix provides CSA Group with state-of-the-art LED and lighting metrology testing capabilities, accelerating and enhancing its Solid State Lighting testing capabilities globally. Read More

Association News

EPA keeps renewable fuels levels in place.

November 29, 2012

EPA announced that it has not found evidence to support a finding of severe "economic harm" that would warrant granting a waiver of the Renewable Fuels Standard. Economic analyses of impacts in the agricultural sector, conducted with USDA, showed that on average waiving the mandate would only reduce corn prices by approximately 1%. Economic analyses of impacts in the energy sector, conducted with DOE, showed that waiving the mandate would not impact household energy costs. Read More

Association News

BIO Conference to highlight drivers of biotech momentum.

November 29, 2012

Scheduled for Feb 11-12 in New York, 15th annual BIO CEO and Investor Conference will feature issue-oriented plenary sessions, educational sessions focused on timely therapeutic areas and key business issues, company presentations, one-on-one meetings, and networking opportunities. Conference focuses on public market biotech companies, which are having a banner year, substantially outperforming broader market indices. Nasdaq Biotech Index is up 27% year-to-date, beating S&P 500 by factor of 3. Read More

Association News

Study Finds EPA Regulations will harm economic growth.

November 29, 2012

As released by NAM, A Critical Review of the Benefits and Costs of EPA Regulations on the U.S. Economy finds 6 major Environmental Protection Agency (EPA) regulations will cost manufacturers hundreds of billions of dollars and cause loss of several million jobs. Study also finds those regulations will produce negative net benefits to society. NAM President and CEO Jay Timmons said "layer upon layer of regulations...weighing down manufacturers will produce "A devastating ripple effect." Read More

Association News

PTDA Business Index for 3Q 2012 shows slower continued growth.

November 29, 2012

Reading of 50.3 produced by 3Q12 PTDA Business Index represents deceleration from 2Q12 reading of 54.2, indicating power transmission/motion control (PT/MC) industry expanded for tenth consecutive quarter at slower pace compared with 2Q12. Distributors and manufacturers reported decelerated sales growth compared to last quarter. On average, sales rose 5% in 3Q12, down from 7% growth in 2Q12. With average forecast of 6%, PTDA members expect 2013 to be another year of growth. Read More