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Revenue Recognition Principles impact biotech industry.
Biotechnology Industry Organization    Washington, DC 20024
October 14, 2008 According to independent study conducted by Glass, Lewis, and Co., LLC, current revenue recognition accounting principles continue to place unnecessary challenges on small and medium-sized biotechnology companies who enter into collaborative arrangements. Uncertainty underlying current revenue recognition principles have caused many biotechnology companies to restate their financial statements, which can shake confidence in reliability of company's financial prospects.
ASHRAE names 14 new Distinguished Lecturers.
American Society of Heating, Refrigerating and Air Conditioning Engineers    Atlanta, GA 30329
October 14, 2008 ASHRAE has named 14 new Distinguished Lecturers who provide Society chapters with noted authorities who speak on relevant topics that impact the HVAC&R industry. The new lecturers will serve a two-year term. There are 75 Distinguished Lecturers representing 15 countries for 2008-09 available to present on 326 topics.
August Manufacturing Technology Consumption was up 4%.
AMT - The Association For Mfg. Technology    McLean, VA 22102
October 14, 2008 According to AMT and AMTDA, August U.S. manufacturing technology consumption totaled $323.07 million, which was up 4.0% from July but down 11.5% from total of $365.14 million reported for Aug 2007. With year-to-date total of $3,001.95 million, 2008 is up 12.7% compared with 2007. These numbers are based on totals of actual data reported by companies participating in USMTC program. Analysis provides leading economic indicator as manufacturing industries invest in capital metalworking equipment.
IPC Midwest proves quality is key to success.
IPC-Association Connecting Electronics Industries    Bannockburn, IL 60015
October 14, 2008 Beyond show floor, hundreds of industry leaders participated in more than 80 IPC standards development meetings at IPC Midwest Conference and Exhibition. Technical conference and professional development courses were also well attended, especially those on environmental initiatives impacting electronic interconnect industry. Total verified attendees for show was 1301, which was an increase over last year.
Manufactured Goods Exports offer good news for economy.
National Association Of Manufacturers (NAM)    Washington, DC 20004
October 14, 2008 According to trade figures released by Commerce Department, manufactured goods exports continued rapid growth pace in August, up 15% over August 2007. More rapid growth of exports over imports has led to decline in manufactured goods trade deficit, which is running 16% smaller than same period last year. Thus exports, and particularly manufactured goods exports, which account for 75% of total U.S. export growth, continue to be strongest part of U.S. economy.
TRFA hosts largest annual meeting yet.
Thermoset Resin Formulators Association (TRFA)    Glen Ellyn, IL 60137
October 14, 2008 After 13% jump in membership in last year, TRFA welcomed 139 attendees to 2008 Annual Meeting in Chicago from September 14-16. In addition to 14 Technical Paper Presentations and Table Top Showcase, attendees enjoyed keynote presentation by Alan G. Miller, PhD on "Advances in Composite Material Technologies for Commercial Aircraft at Boeing;" a World Market Update from meeting chair Mongeluzi; and Regulatory Affairs/REACH Update from Dr. Charles Bartish.
NTSB makes safety recommendations to FAA.
National Transportation Safety Board    Washington, DC 20594
October 14, 2008 According to NTSB, FAA should require all operators of Airbus single-aisle and Bombardier CL-600 airplanes to revise existing aircraft maintenance manual procedures and inspection documents to require dual inspection signoff to confirm that engine fan cowls are latched after completing engine maintenance that involves opening of engine fan cowl. Also, maintenance personnel should be required to inform flight crews when engine fan cowls have been opened before flight.
Webcast to discuss Green practices within water industry.
American Water Works Association    Denver, CO 80235
October 14, 2008 During AWWA's webcast "Environmental Values in the Water Industry," water and wastewater professionals will learn how to adopt cost-saving, energy-efficient practices within their facilities. Experts in water industry will provide in-depth detail as to how they're utilizing green practices, such as delivering water via wind power and assessing potential carbon footprint. Webcast is scheduled for November 5 at 1 p.m. ET.
Wal-Mart Technician wins TMCSuperTech2008.
American Trucking Associations    Alexandria, VA 22314
October 14, 2008 Defending his 2007 title as nation's top heavy-truck technician, David Bryan Lewis of Wal-Mart Transportation in Sutherland, VA, was again named grand champion of TMCSuperTech2008 during Technology and Maintenance Council's 2008 Fall Meeting. TMC, a technical council of American Trucking Associations, developed national TMCSuperTech competition as a way to recognize truck technicians and to increase visibility of career opportunities available to them.
IPC sponsors all academic poster competition.
IPC-Association Connecting Electronics Industries    Bannockburn, IL 60015
October 13, 2008 The Association invites colleges and universities with a focus on the electronics industry to submit abstracts of about 300 words, due by December 1, 2008. All will be posted on the IPC APEX EXPO(TM) web site for online voting. The primary authors of the 15 posters with the most votes will each be awarded a $1,000 honorarium and be invited to display it at the event. Winners will be announced on April 2, with cash awards of $5,000, $2,000, and $1,000 for 1st, 2nd, and 3rd place, respectively.
BIO Forum to address challenges of small biotech companies.
Biotechnology Industry Organization    Washington, DC 20024
October 13, 2008 Scheduled for Oct 29-31, 2008, Seventh Annual BIO Investor Forum will address how small biotech companies can continue to innovate and grow despite current market conditions. Plenary sessions and business roundtables will focus on economic and business issues facing biotech industry, including M&A, capital access, exit strategies, technology transfer, and outsourcing.
Some Automakers are replacing spare tires with EMDs.
Tire Industry Association    Bowie, MD 20716-1883
October 13, 2008 According to TIA, some manufacturers are replacing spare tires with Extended Mobility Devices, which will not address every flat tire situation. EMD consists of air compressor that plugs into cigarette lighter and propels liquid sealant material to seal injuries up to in. in tread area. If tire is damaged on sidewall, or if damage is larger than standard nail, EMD will be essentially useless. Thus, TIA encourages new car purchasers to check if car has spare or EMD before they need it.
Texas Representative defends voting for financial bill.
National Association Of Manufacturers (NAM)    Washington, DC 20004
October 13, 2008 On America's Business with Mike Hambrick radio program, Representive Mike Conaway (R-TX) says many voters in his district urged him to vote against the multibillion-dollar Emergency Economic Stabilization Act of 2008. However, Conaway says he decided to vote for the bill because it was in the best interest of the American economy. The Representative also said that he pushed for language in the act to help restore business and consumer confidence in banks.
RIA Who's Who Media Campaign honors Platinum members.
Robotic Industries Association    Ann Arbor, MI 48108
October 13, 2008 To appear in next full-page Who's Who ad insertions, company must be member in good standing as of November 1, 2008. Qualified members will be honored in both Assembly magazine and in Robotics Industry Directory. Platinum Integrators will be honored in December issue of Assembly magazine, which features their Capital Equipment Spending Report, while Platinum Suppliers will have their own ad in 2009 issues of Assembly magazine.
PTDA to hold 2009 Executive Development Conference.
Power Transmission Distributors Association    Chicago, IL 60606-4703
October 13, 2008 Designed to prepare next generation of leaders in power transmission/motion control (PT/MC) industry for success, conference will be held on Mar 12-13, 2009, in Mesa, Arizona. Targeted at current mid-level district/regional managers, sales managers, and product/vendor relations specialists, it will explore various aspects of distributor/manufacturer relationships. Featuring interactive program led by Gary Moore, the event will offer informal networking as well as take-home conference materials.
NAM honors Congressional supporters of its agenda.
National Association Of Manufacturers (NAM)    Washington, DC 20004
October 10, 2008 The NAM has announced recipients of its NAM Award for Manufacturing Legislative Excellence, which is awarded to House and Senate members who support key manufacturing votes 70% or more of the time. In the 110th Congress, 43 senators and 181 representatives earned this distinction and 33 who earned a perfect voting record have received recognition as members of the 100 Percent Club. Voting records for members of Congress are available at www.nam.org/votingrecord.
IPC releases power conversion standard.
IPC-Association Connecting Electronics Industries    Bannockburn, IL 60015
October 10, 2008 IPC announces publication of first-ever power conversion standard, IPC-9592, Requirements for Power Conversion Devices for the Computer and Telecommunications Industries. Facilitating communication between customer and supplier, 75-page specification covers complete range of power conversion attributes, including product specifications and document requirements, design for reliability, design and qualification testing, and manufacturing conformance testing.
IPC Conference focuses on meeting today's customer demands.
IPC-Association Connecting Electronics Industries    Bannockburn, IL 60015
October 10, 2008 Scheduled for November 10-12, 2008, "IPC International Test and Inspection Technology Conference: Meeting Customer Demands" will provide snapshot of what methods and techniques are still in place and what is new in electronic product verification. Conference will cover components, materials, printed boards, assemblies, and OEM perspective. Attendees will explore different testing methods and strategies that verify sum and quality of parts used in assembly process.
ATA foresees legal action by airlines against DOT.
Air Transport Association Of America, Inc. (ATA)    Washington, DC 20004
October 10, 2008 The ATA responded to the U.S. DOT decision to proceed with the auction of slots at 3 primary New York-area airports. The Association says the idea is ill-conceived and will result in a lengthy and costly legal challenge. "This defies the recommendation of the GAO, as well as the will of Congress," says ATA President and CEO James C. May. May also said that the DOT should, "...implement fair and practical solutions to address delays and add needed new capacity."
Foundation releases final Diagnostic Profiles Specification.
Fieldbus Foundation    Austin, TX 78731
October 10, 2008 Based on guidelines established by NAMUR Working Group 2.6, FOUNDATION(TM) fieldbus Diagnostic Profiles Specification allows users to harness Electronic Device Description Language technology to achieve true, actionable diagnostics. Specification identifies role-based diagnostics for fieldbus equipment and defines consistent set of parameters for diagnostic alarming. It also allows diagnostics to be applied, as most appropriate, for particular plant application.

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