Posts Tagged ‘American Business’

Saddened by manufactures going out of business

Saturday, January 9th, 2010

I am saddened by manufactures going out of business over the last few years. My company supports manufactures by producing aluminum die castings and zinc die castings for their products. In the last few years, some of my customers could no longer stay in business. Subsequently, my company, Kinetic Die Casting Company suffers.

In an effort to stay ahead of this crisis, I purchased assets of three die casting companies that were going out of business. Those companies were:
* C&D Die Casting Company
* Spencer Diecasting Company, and
* Coast Die Casting Company.

These three small die casting companies have provided my company with more sales and have diversified our customer base to assist during our normal seasonal shipment lulls. Kinetic Die Casting Company is position to grow rapidly when the U.S. economy returns in full vigor.

Call us for prices - (800) 524-8083

Add This! Digg Google Mister Wong reddit StumbleUpon Technorati

U.S. to Inject $5 Billion into Green Jobs

Thursday, December 17th, 2009

U.S. to Inject $5 Billion into Green Jobs 30% tax credits to investors in factories working with targeted technologies. The government on Dec. 17 said it plans to pour five billion dollars into fostering jobs growth in green technologies and clean energy.

Vice President Joe Biden announced White House support for the program, which requires congressional approval and is part of the $787 billion economic recovery plan President Barack Obama launched in February.

The plans would offer 30% tax credits to investors in factories working with targeted technologies in the wind energy and solar energy sectors, as well as batteries, according to the White House.

“We have to jump-start growth in green manufacturing — and part of that is encouraging companies to build the components of green technology right here on American soil,” Biden said.

“By combining the most talented workforce, the most entrepreneurial businesses, the best universities in the world with seed capital from government investment, we can once again produce cutting-edge technology that creates 21st century jobs here in America,” the vice president added.

Add This! Digg Google Mister Wong reddit StumbleUpon Technorati

Michigan firms get stimulus grants for green manufacturing

Friday, December 11th, 2009

Michigan firms get stimulus grants for green manufacturing
Mark Hornbeck / Detroit News Lansing Bureau

Lansing — Five small manufacturing companies won $15.5 million in federal stimulus awards to help them move into making green energy systems and parts, Gov. Jennifer Granholm announced today.

The firms will diversify from making tanks, auto parts and boats to manufacturing solar shingles, wind turbines and windmills. The governor’s office reported the grants will create or retain 713 jobs.

“These are existing businesses moving into revolutionary new areas,” Granholm said, adding the state has invested $1 billion into the renewable and alternative energy sector.

Advertisement

The companies that won the grants were among 80 that submitted applications, said Stanley “Skip” Pruss, director of the Department of Energy, Labor & Economic Growth.

“Clean tech is a space Michigan fits very well in,” Pruss said. “What you see here is the best in class.”

Firms awarded grants include:

• Astraeus Wind Energy Inc. of Eaton Rapids will get $7 million to make wind turbine blades and hubs.

• Energetx Companies LLC of Holland was awarded $3.5 million to manufacture large composite wind turbines.

• Loc Performance Products Inc. of Plymouth won $1.5 million to make gears and gearboxes for utility windmills.

• LUMA Resources LLC of Rochester Hills will get $500,000 to manufacture shingles for the residential solar market.

• Merrill Technologies Group of Saginaw will receive $3 million to make large-scale wind turbine blades and other components

Add This! Digg Google Mister Wong reddit StumbleUpon Technorati

U.S. Turbine Blade-Making Plant to Layoff Majority of Work Force

Monday, November 30th, 2009

U.S. Turbine Blade-Making Plant to Layoff Majority of Work Force

Posted: 27 Nov 2009 02:11 PM PST

Gamesa (HQ in Spain) blames one of the important reasons many U.S. manufacturers in other industries have too: Banks unwilling to extend credit or new loans to developers trying to launch new wind projects.

So, this new movement of tooling up and transitioning from auto-dependent to a brighter, more promising “Green Energy” market isn’t materializing as smoothly as we thought.

Why aren’t these banks lending to sustainable energy programs? I thought this was supposed to be the future of America’s resurgence in manufacturing. We know banks are turning cold shoulders to those connected to the auto industry. Where’s the Obama camp on this one?

The affected plant is an hour outside Pittsburgh and will officially impact 141 of the 238 union positions within the Gamesa facility.

Source: Tool and Die

Add This! Digg Google Mister Wong reddit StumbleUpon Technorati

What are Consumer Die Castings?

Sunday, November 29th, 2009

What is Consumer Parts Die Castings? Die Casting Tooling are tools used in a process known as die casting. In this process, the metal alloy which can be zinc, copper or aluminum, is melted into liquefied metal by heating it in intense temperatures. After the metal alloy is liquefied, this will then be poured into the die casting tools and after it cools down, it becomes the finished product. This process is commonly used to create consumer parts. Consumer Parts Die Cast Tooling is the fastest and cheapest way to make bulk numbers of parts that are commonly used in everyday items.

Consumer Parts Die Castings come in many forms, shapes and sizes. This process is very useful to many manufacturers around the world as aluminum parts are used almost anywhere and everywhere. Automobiles rely heavily on aluminum parts, the same goes with lighting fixtures and consumer electronics. Heat sinks and brackets are usually made of aluminum because the properties of this metal alloy are perfect for the purpose.

There’s a huge demand for Consumer Parts Die Castings. Any manufacturer can lower his or her cost by applying this technique in making parts for new products. If a manufacturer doesn’t have the resources to purchase the machinery required for die casting, then it could opt to contract the services of another company which offers die casting jobs. Their services are available all over the country and around the world for that matter. Sometimes overseas companies can offer cheaper rates even with higher transportation costs with the same or even higher quality of the finished product.

Add This! Digg Google Mister Wong reddit StumbleUpon Technorati