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Manufacturing & Technology News

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Foreign purchases of U.S. companies.
The United States economy is being "hollowed out at a near record pace," with foreign firms spending $129 billion through August 2007 buying 785 U.S. companies, according to the group "Economy in . . .

Letter to the editor.(Letter to the editor)
I loved the interview with John Ratzenberger ("Made in America Show Host Wants Manufacturing On Political Agenda," MTN, Sept. 28, 2007), but of course, some statements are more of a rally cry than . . .

New additions to Superfund list.
The Environmental Protection Agency is adding seven hazardous waste sites to its list of "Superfund" sites. The sites contain arsenic, barium benzene, beryllium, cadmium, cesium-137, . . .

Corrupt politicians don't last long in Washington.
Citizens for Responsibility and Ethics in Washington (CREW) has released its third annual report on the most corrupt members of Congress. The report, called "Beyond DeLay," notes that of the 25 . . .

Housing decline hurting businesses.
Business bankruptcies in the United States are projected to increase by 51 percent this year, due to an economic slowdown, lower profits, high gas prices and an adjustment on behalf of business to . . .

Greenies go after marine fleet.
A coalition of environmental advocates has filed a petition with the Environmental Protection Agency (EPA), asking the agency to create new pollution rules for large, ocean-going cargo vessels and . . .

Permanent Arctic ice isn't.
NASA scientists have found a 23 percent loss in the Arctic's thick, year-round sea ice during the past two winters. "This drastic reduction of perennial winter sea ice is the primary cause of this . . .

DOE funds Bioenergy Centers.
The Department of Energy has invested $30 million in three new Bioenergy Research Centers, bringing its total investment in such centers to more than $400 million. DOE will fund new centers at the . . .

DOD official states clearly the U.S. is not becoming dependent on China for parts.
The rise of China's industrial sector poses little threat to the Department of Defense and its supply chains for weapon systems, says William Greenwalt, Deputy Undersecretary of Defense for . . .

Cato's study on U.S. Manufacturing suffers from fatal flaws.
On August 28, the Cato Institute in Washington, D.C., published a report, "Thriving in a Global Economy: The Truth about U.S. Manufacturing and Trade." The report confuses a company's offshored . . .

Quotable.(Quotation)
"If we're going to survive, the rubric is 'innovate, automate, or evaporate.' You can't believe the massive state-of-the-art manufacturing going into South Korea with $2-an-hour labor. Almost every . . .

GAO scolds EPA over toxic release disclosure.
The Environmental Protection Agency ignored the advice of the Government Accountability Office in 2005 to not change rules requiring companies to disclose the release of toxic chemicals, according . . .

How much money does the Army need to refurbish its worn out weapons?
The U.S. Army is spending nearly $13 billion per year to refurbish and replace equipment being worn out in Iraq and Afghanistan, but that amount might be more than what is needed, says the . . .

More manufacturing companies default on their pensions.
The Pension Benefit Guaranty Corporation (PBGC) is busy guaranteeing the pensions of workers at defunct manufacturing companies. More than 650 workers and retirees of Best Manufacturing Inc., . . .

China has a long way to go in innovation.
China has a "long way to go" before it is able to capitalize on its substantial investment being made in science and technology, says the Organization for Economic Cooperation and Development . . .

Patent Office can't keep enough examiners.
The Patent and Trademark Office will have a difficult time whittling away at its patent application backlog because examiners are overworked and are leaving the agency, according to a survey . . .

Is manufacturing in the United States toast?
Since the 2000-2001 recession, manufacturing output has grown much more slowly than in any previous recovery, and even that growth might be over-estimated because government data do a poor job of . . .

Domestic manufacturers worry about loss of influence in NAM's policy-making process.
The National Association of Manufacturers has overhauled its policy-making process and is getting ready to analyze all of its current policy positions and create new ones in every area in which it . . .

Quotable.(Quotation)
"If you don't have strong manufacturing, if you lose that, you can't pay for anything else--you can't pay for social programs, you can't pay for defense. Our standard of living is falling for the . . .

NIST names last ATP winners.
The National Institute of Standards and Technology (NIST) has made the final awards in its long-running Advanced Technology Program. The program, which is being phased out in favor of a new . . .

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