Gates plant to shut down

Posted by admin on June 03, 2008
News

The News Review:

- Gates plant to shut down
- Frost & Sullivan Lauds Emerson as Growth Excellence Company of…
- donga.com[English donga]
- All for clean air…
- Business Digest | Business | projo.com | The Providence Journal
- Bloomberg.com: UK & Ireland

Gates plant to shut down
Charleston Post Courier – Jun 3, 2008
Chip Boling Berkeley County’s deputy supervisor said it’s too early to tell what effect the closing and the loss of almost 200 jobs will have on the local economy. Gates is owned by Britain’s Tomkins PLC a global engineering group that has more than 34000 workers worldwide. Gates opened the Belt Drive plant in 1986 after buying it from tire giant Uniroyal which started making rubber products there in 1975. Reach Katy Stech at 937-5549 or.

Frost & Sullivan Lauds Emerson as Growth Excellence Company of…
Earthtimes – Jun 3, 2008
The GEM methodology focuses on various factors that affect a company’s growth potential which include the following: the company’s rate of growth compared to that of its industry; its global strategic perspective and team consensus on its growth strategy; synthesis of technology; the degree to which the company utilizes best practices including best practices for marketing management and leadership; its growth pipeline; and the sense of urgency the company shows in implementation. Emerson’s continued focus on technology innovation has been instrumental in its success in expanding its PlantWeb® digital architecture to include wireless products with self-organizing networks. The company has delivered customer value with Smart Wireless field networks and has expanded its wireless offering to include complete plant and enterprise-wide wireless capabilities. The company’s unparalleled product portfolio consists of PlantWeb digital plant architecture with Fisher® Rosemount® Rosemount Analytical Micro Motion® Mobrey® and Daniel® instrumentation DeltaV™ and Ovation® digital systems and AMS® Suite predictive maintenance software. These are combined with the expertise dedication and passion of its people enabling the company to provide solutions that help its customers to be best-in-class. Clients testify that Emerson products have longer mean time between failures (MTBF) and operate in difficult processing environments with higher performance characteristics that provide lower total cost of ownership for them. Emerson through its acquisitions has both strengthened its services and enhanced total value for its customers… Clients testify that Emerson products have longer mean time between failures (MTBF) and operate in difficult processing environments with higher performance characteristics that provide lower total cost of ownership for them. Emerson through its acquisitions has both strengthened its services and enhanced total value for its customers. For instance the acquisition of Decision Management International Corporation Damcos Holdings AS and The Automation Group have increased Emerson’s position in various vertical industries and expanded its capabilities in providing technical and management services for the design engineering and implementation of process automation systems. “The customer centric approach of Emerson has enabled it to be a best-in-class major instrumentation vendor (MIV) and major automation contractor (MAC)” notes Sivakali Prasad Dasari. “This is demonstrated in the ability of the company to effortlessly execute large projects worldwide on time and within budgets. “Emerson has leveraged its technology leadership position to generate over 35 percent of its total 2007 revenues from new products much above the industry average” says Prasad Dasari. “The company continues to focus on new products and technologies by investing $397 million) in research and development in 2007 according to Emerson’s annual report.

donga.com[English donga]
¼³´ – Jun 3, 2008
“○ Fewer strikes over wages Leading labor groups in the country are sticking to a hard-line stance with the Korean Confederation of Trade Unions to stage a general strike from late this month to early July. Nonetheless more unions have agreed on wage freezes or concluded peaceful collective bargaining with management. According to the Korea Employers Federation the unions of GS Caltex Korea Kumho Petrochemical Daewoo Shipbuilding and Marine Engineering Dongkuk Steel Mill POSCO Refractories and Environment POSCO Machinery and Engineering KISWIRE Amore Pacific Hu-Chems Fine Chemical Corp. Pyeong Hwa Automotive and Chin Hung International will let management decide wage increases this year. The unions of LG Electronics Hynix Semiconductor Korean Air and Kolon have also agreed to wage freezes to share the burden of unfavorable market conditions. Hynix is celebrating its 21st consecutive year of no strikes followed by LG Electronics with 17 liquefied petroleum gas importer E1 13 and Noroo Paint and Coating 10. Hu-Chems which was split from Namhae Chemicals has settled a wage negotiation without a strike for the first time since it was founded in 1974… 58 million days in 2002. Business leaders say they are excited over the trend as more unions are helping their companies in the midst of worsening conditions such as skyrocketing raw material prices and global economic uncertainty. Kolon’s plant in Gumi South Gyeongsang Province went on strike for 64 days in 2004 but voluntarily agreed to a wage freeze this year. “Since the company was having a hard time we found it difficult to ask for raises” said Song Pil-seop public relations manager of the plant’s union to the Dong-A Ilbo. “So we persuaded our union members to endure a few more years and among 98. 8 percent of unionists who voted 97. 5 percent agreed to a wage freeze.

All for clean air…
Deccan Herald – Jun 3, 2008
Their products ranging from fabric collectors scrubbers industrial fans and steam turbines are well sought-after in industries all over the country. The company prides itself for its design and application engineering capability that caters to specific requirements of their clients. According to Bharath an enquiry from a prospective client leads to the visit by a DustVen professional to the industrial facility to study the requirement of the plant and then design engineering and installation follow. Bharath is quick to clarify that DustVen’s responsibility doesn’t end with the installation of an air pollution control equipment but carries on to include maintenance too. Headquartered in Bangalore DustVen boasts of an in-house engineering centre sales offices situated in Bangalore and New Delhi and two manufacturing units in Bangalore. Their main products include dust collection systems ventilation systems industrial fans bag filters scrubbers dust monitors and so on. DustVen equipments inside industrial facilities are installed in places where the dust is expected to fly.

Business Digest | Business | projo.com | The Providence Journal
Providence Journal – Jun 3, 2008
The event sponsored by Farm Fresh Rhode Island and the Downcity Farmers’ Market will continue at the corner of Olney and Hope Streets in Providence through November. Participants include Hill Orchards Arcadian Fields Wishing Stone Farm City Farm Bettencourt Farms Robin Hollow Farm Treaty Rock Farm and Cooks Valley Farm. Titleist golf ball to lay off 50 The Titleist golf ball plant in New Bedford will lay off 50 employees between now and September as the golf business adjusts to hard economic times and increased competition among ball manufacturers. The business owned by Acushnet Co. employs 5000 worldwide. Layoffs will occur in phases and by seniority. The company plans to slice its weekend production work force at Ball Plant No… The contract has a total potential value of $40. 4 million over five years if all options are exercised. Under the contract General Dynamics will provide program management and technical and engineering support for specific NAVSEA undersea periscope and sensor system requirements. General Dynamics will provide NAVSEA with maintenance capabilities that help ensure the constant readiness of the U. Navy’s submarine fleet. Demand for firewood heats upAs the price of heating oil goes up so does the demand for firewood.

Bloomberg.com: UK & Ireland
Bloomberg – Jun 3, 2008
Paul Smiths' detection medical and engineering gear units arecurrently run out of the group's headquarters in London. Themedical equipment division will be moved to a plant in St. PaulMinnesota while its security and detection business will now bebased alongside its U. operation in Watford southern England… Paul Smiths' detection medical and engineering gear units arecurrently run out of the group's headquarters in London. Themedical equipment division will be moved to a plant in St. PaulMinnesota while its security and detection business will now bebased alongside its U. operation in Watford southern England. Smiths will also break up its largest division SpecialtyEngineering which makes mechanical seals and lubricationproducts for clients in the petrochemical industry.

Leave a Reply

Your email address will not be published. Required fields are marked *

*

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>