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IN THIS ISSUE

MDNA News
  • MDNA 72nd Annual Convention
  • Wants & For Sales
  • Condolences
  • Calendar of Events


  • Industry News
  • As Manufacturing Bounces Back from Recession, Unions are Left Behind
  • Watch the Construction of a Dodge Viper in Just 4 Minutes
  • Caterpillar Writes Off Most of China Deal After Fraud
  • Management is (Still) Not Leadership
  • Study: Freer Trade with China Lowered American Manufacturing by 29.6 Percent
  • The Coming Shortage of Skilled Manufacturing Workers
  • Supply, Mill and Dealer Quotes Erode US Steel Scrap Sentiment
  • What Went Wrong At Boeing?




  •  MDNA News

    MDNA 72nd Annual Convention
    MDNA    Share   Share on FacebookTwitterShare on LinkedinE-mail article

    Click here to make your hotel reservation
    Hotel Rate is $219 Single/Double
    Hotel cut-off is April 1

    The Westin Copley Place, Boston
    10 Huntington Avenue
    Boston, MA 02116
    Phone: (617) 262-9600
    Fax: (617) 424-7483


    MDNA Government Affairs Tax News Alert
    MDNA    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    For the 2013 tax year, the Section 179 Expensing Limit has been raised back to $500,000, the increased level in effect in 2010 and 2011, and is not reduced until the cost of section 179 property placed in service exceeds $2 million. Click here for complete details.
         


     Calendar of Events

    Date Event Location
    Jan. 22 New York/New Jersey Chapter Meeting Osteria il Paiolo
    Brooklyn, N.Y.
    Jan. 25-27 MDNA/Locator Services, Inc./AMEA/Austin D. Lucas Scholarship Fund Meetings El San Juan Resort & Casino
    Carolina, Puerto Rico
    March 20-23 2013 AMEA Appraiser's Forum Westin O'Hare Hotel
    Rosemont, Ill.
    April 25-28 72nd Annual Convention The Westin Copley Place
    Boston, Mass.

      For a complete list of upcoming events, click here.


    MEYER Expert Industrial Relocation Services

    MEYER Rigging guarantees the ideal blend of management, operational support, and field expertise to give you the best rigging services at the most completive price. MORE
    F.P. Miller
    F.P. Miller Co. is a full service machinery dealership. We offer new and used machinery sales, rebuilding, and machine repair services including on-site repairs. MORE


     Industry News


    25,000 Factory Jobs Added in December
    Detroit Free Press    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    The U.S. Bureau of Labor Statistics reported that the nation added 25,000 manufacturing jobs in December. Those were part of an overall growth of 155,000 jobs in December. The gain in factory jobs marked a big increase over an average loss of 1,300 manufacturing jobs per month over the prior three months. More

    Ford to Invest $773 Million in US, Creating 2,350 Jobs in Michigan
    IndustryWeek    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    As part of a plan to add 12,000 jobs by 2015, Ford said it will invest $773 million to expand factories across its home state of Michigan, generating 2,350 new jobs. The investment will help save an additional 3,240 jobs, it said. "Even as we wrap up an incredibly busy year of capacity expansions and product launches, we are continuing to look to the future," said Jim Tetreault, Ford vice president of North America Manufacturing. More

    Economist Ricardo Hausmann Says the US Has a Chance to Invent the Manufacturing Technology of Tomorrow
    MIT Technology Review    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    Countries trying to understand what's next for their export industries often call Ricardo Hausmann. The Harvard economist and onetime planning minister for Venezuela has developed a kind of economic aptitude test for nations. Using complexity theory and trade data, Hausmann looks at what a country is good at making and predicts what types of more valuable items it could produce next. More

    Factories Are Firing Up, Except in Europe
    The New York Times    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    The slowdown in worldwide manufacturing that began in mid-2012 may be nearing an end. Surveys of manufacturing companies around the world indicated that in December nearly as many companies reported that orders were rising as said that orders were continuing to decline. The gains were concentrated in developing countries; China reported its best month in nearly two years. But much of the euro zone remained weak. France reported its worst monthly figure since early 2009, when the credit crisis was at its worst. More

    Manufacturers Sign on To Facebook, LinkedIn and Twitter
    The Wall Street Journal    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    Industrial companies are starting to catch up to consumer brands in their use of social media marketing, using LinkedIn, Facebook and even YouTube to reach buyers for decidedly unsexy products such as electrical components, industrial lubricants, generators and contract manufacturing. More

    Why 2013 Should Be a Good Year for the US Economy
    The Washington Post    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    It will take a few years of real growth — at least 3 percent, but 4 or 5 percent shouldn't be too much to ask — to change the sluggish growth trend. And the stars are aligning for 2013 to be the beginning of a period of above-par growth. Let's consider the things that have been holding things back, and why those headwinds may finally be fading. More

    Inexpensive Labor Defined the Last Decade in Manufacturing, but the Future May Belong to Technology
    MIT Technology Review    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    When General Electric expanded manufacturing of home heaters and refrigerators at its facility in Kentucky last year, the reasons included big wage concessions the company had won from local workers and the advantages of being closer to its U.S. customers. But writing in the Harvard Business Review last March, CEO Jeffrey Immelt explained that one of the biggest factors in GE's decision to bring back manufacturing from China and South Korea was the desire to keep appliance designers near its manufacturing and engineers. More

    The Value of Hedging
    Recycling Today    Share    Share on FacebookTwitterShare on LinkedinE-mail article
    As technology develops, many industrial manufacturers are looking to recycle and use more scrap as raw material. Scrap is a more cost-efficient, sustainable and socially responsible material to use. The U.S. is the world's biggest ferrous scrap exporter, accounting for more than 20 percent of the global scrap export market. Scrap also is one of the first pricing indicators for the U.S. steel industry, as more than 60 percent of the steel produced in the U.S. is based on scrap. More
     



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    Colby Horton, Vice President of Publishing, 469.420.2601
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