As the Dollar Falls, Foreign Nationals Shop for U.S. Firms

n addition to iPods, laptops and other consumer goods, U.S. companies increasingly are found on the shopping lists of European, Canadian and other foreign buyers drawn to the United States by the falling U.S. dollar.In 2007, foreign investors bought stakes in U.S. companies whose businesses range from financial services and real estate to steel making and lighting. Foreign acquisitions totaled a record $414 billion, almost 90 percent more than the previous year and almost 30 percent more than 2000's record, according to Thomson Financial, an economic data and research firm. more...

A first in 16 years: Sedans outsell pickups

Cars outsold the top-selling Ford F-series truck in May for the first time since 1992, a sign of the rapid shift in customers' preferences from trucks and SUVs to small cars that is forcing painful production cuts and plant closures at General Motors Corp. and Ford Motor Co.. more...


Companies to Use Supply Chain to Drive Growth and Control Costs

Nearly three-quarters of the 265 manufacturing executives surveyed in Archstone Consulting's Manufacturing Executive Agenda for 2008 felt that the current market pressures, including sharply rising commodity prices, a sluggish economy, and foreign competition, may be triggering significant transformational changes within manufacturing organizations.
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US steel industry wins trade case against China

U.S. steel pipe manufacturers, who have been battling a surge in imports from China, won a major victory Friday when the International Trade Commission cleared the way for the imposition of stiff penalty tariffs for the next five years.. more ...

Crisis in healthcare

It started innocently enough, a stomachache a couple of hours after eating with a colleague at a Thai restaurant. There were the usual pos-sibilities: some bad chicken curry, acid reflux, gas; or perhaps the beginnings of an ulcer. But then the muscles in my mid-back began to cramp as if in response to the burning, acidic pain in my stomach — this was something brand new. I gobbled antacids, gas pills, Prilosec and everything else in the medicine cabinet, but nothing dented the pain and soon my wife and I were speeding along the Long Island Expressway toward the emergency room. more...

6/23//2008 Toyota to cut production at three US plants
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6/23/08 IBM to salvage silicon for solar panels
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6/23//08 Latin America Primed for Manufacturing Comeback
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6/23/08 U.S. No. 1 as Manufacturers Plan to Expand
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6/23/08 Oil climbs 1 pct, Saudi pledge fails to halt rally
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6/23/08 GM To Cut Production, Raise Prices On 2009 Models
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6/16//08 Honda Rolls Out Zero-Emission Car
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Unlike the typical machine tool show, Ammo Expo 2007 attracted a predominantly upper management audience of plant owners and senior executives with the authority to make purchasing decisions. See pictures of the show by clicking the above image.
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