Posts Tagged ‘Manufacturing Image’

Money and your life

September 9th, 2009
By: Tim Heston

The financial wizards are at it again, and this time they're not betting whether you'll default on your mortgage. They're betting on your life.

The financial folks on Wall Street, as always, are looking for certainty and to curtail risk. At one point, mortgages seemed to be a sure thing. People need a roof over their heads, and home prices have always gone up at least somewhere in the country, so if you securitize—that is, package various mortgages for people of varying financial health and geography—you mitigate risk. We all know that logic didn't pan out.

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Rethinking the knowledge worker

August 24th, 2009
By: Tim Heston

I understand the term's intent, and that it describes workers who are ever-more-valued. I just have reservations about how the term is used. When people think of a "knowledge worker," they think of a white-collar IT professional, engineer, doctor, or others who think to innovate, using their knowledge to better an organization.

But who doesn't?

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Put out the welcome mat

August 21st, 2009
By: Dan Davis

I came across this story earlier this week and was reminded just how important it is for metal fabricators to open their doors to the community, in particular elected officials and government bureaucrats.

In this case, Karen Mills, an administrator for the U.S. Small Business Administration (SBA), visited ALCOM Inc., a Waterville, Maine-based fabricator of recreational trailers and was energized to take the tale of this growing manufacturing company back to Washington, D.C. ALCOM is about to leave its 47,000-sq.-ft., rented facility and move to a newly constructed, 70,000-sq.-ft. building in Winslow. Part of the financing for this expansion is coming from a $1.14 million SBA loan, which is a small sliver of the millions of dollars provided under the American Recovery and Reinvestment Act.

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Realigning value

August 7th, 2009
By: Tim Heston

The numbers popping up in the media recently draw an interesting, perhaps conflicted picture of the state of business in the U.S. Here's why.

First, there's unemployment. Like many, I expected the unemployment rate to continue its relentless rise past the symbolic 10 percent mark. It didn't. It fell a bit, to 9.4 percent. Dig a little deeper into the government's official release, though, and you'll find that 14,000 people in the fabricated metal products sector lost their jobs. Machinery-makers shed 15,000. And manufacturing overall shed 2 million jobs since this recession began.

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Of popping bubbles and economic growth

June 22nd, 2009
By: Tim Heston

In the late 1990s I recall renting a VHS tape (remember those?) of a recently aired PBS series called "Triumph of the Nerds." It detailed the rise of the computer industry, from the garages of San Jose to the boardrooms of corporate America.

It's an incredible story, really. The PC business started from nothing and transformed into a multibillion-dollar industry within a decade and a half. The rapid rise happened not just because the technology helped people and businesses become more efficient (though some early adopters debated that). It also did something that at that time no business in the world had ever done: As time went on, products became better and cheaper. This must have raised a lot of eyebrows in a business community browbeaten by years of high inflation and interest rates.

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Would you want to work here?

April 13th, 2009
By: Tim Heston

A visit last week to an OEM of construction equipment made me feel good about manufacturing in America. Based in Salisbury, just north of Charlotte, N.C., Power Curbers Inc. plasma-cuts, saws, welds, and machines parts for curb-making machinery. Like many connected with the construction industry, Power Curbers' business is down considerably, by about 40 percent--not good.

But you wouldn't know it by looking at the lean operation on the floor. Sure, some machines are idle, but employees have single-piece part flow down pat. The shop holds virtually no inventory. As raw material comes in the door, it flows right to the plasma cutters and band saws. Stacks of material are nonexistent. It takes seven days for raw material to be manufactured into a finished machine.

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Looking to the stars for inspiration

March 20th, 2009
By: Dan Davis

If it's one thing that I'm certain of, it's that highly educated people will have the best chance of achieving standards of living that exceed that of their parents, a scenario that many in today's world see slipping from their collective grasp. This belief pertains to skilled trades as well; specialized skills open the doors to higher paychecks.

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Welcome to the factory

January 23rd, 2009
By: Dan Davis

A friend sent me a link to a band he heard on an Internet radio station. The band hails from downstate Illinois, and one of the bands I really admire, Uncle Tupelo, came from the same part of the country. So I gave it a quick listen.

A day later I purchased the CD, The Places We Lived. (Downloading music is for people who don"t appreciate the artistic effort required to create a package—songs, cover design, and liner notes—of music. I"m a dinosaur in this sense. And I"m OK with it.)

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