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IN THIS ISSUE

MDNA News
  • Fraud Warning
  • Section 179 Legislation UPDATE
  • Volunteer
  • CHAPTER MEETINGS
  • Premier Vendors
  • LOCATOR
  • Good and Welfare
  • Calendar of Events



  • Industry News
  • Manufacturing picks up pace in leading economies; Europe lags
  • Manufacturers revive apprenticeship programs in Chicago
  • White House hails rebound of US manufacturing, but is it for real?
  • Houston is the best city in the country for manufacturing, Forbes says
  • New York City urged to boost bet on manufacturing
  • Large majority of car manufacturing now in right-to-work states
  • Report: 3-D printing makes headway into heart of US manufacturing



  •  MDNA News

    Fraud Warning

    The MDNA has been alerted of a new fraud perpetrated against some in the dealer community. As reported to us the scam goes like this:
    • The criminals first contact dealer A to buy a machine and acquire the dealers wire transfer information, "in order to pay for a machine."
    •  
    • The thieves then use the information to create a fake check appearing to be from dealer A.
    • Next the thieves send the check to appear as it is from dealer A to the bank of dealer B for deposit.
    • Contact is then made with dealer B to let them know they have paid for a machine by depositing funds directly into their bank.
    • Finally the thieves request that dealer B send a check in order to cover freight for a fake freight forwarder.
    Two MDNA members have responded to this fraud alert with additional information and suggestions. 

    "The fake checks are also being used to 'purchase' items on eBay and Craigslist. This has happened to us twice in the past week. Another variation is writing the check for more than the purchase price and then requesting a refund for the difference. The recipients of the checks called us and we were able to notify our bank immediately. We are fortunate that our wire account is strictly an online account, with no paper checks, so the block is immediate. Anyone using their operating account for wires is at greater risk." — MDNA Member

    "What we do is have a second account with $ 100.00 in it. This is the information we give out. Once we receive a wire transfer usually we are notified by customer to be on the lookout.  Once received it is transferred to our regular account again only leaving a $100.00, so if anything happens the most they can hit you for is $ 100.00 and that’s it. Most banks will not charge you for the second account if you tell them what you're doing and why." — MDNA Member

    As always Dealers are warned to be diligent in all transactions and to verify all transactions for legitimacy. 
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    Section 179 Legislation UPDATE

    The positive news from the June 12th, 2014 session was the America's Small Business Tax Relief Act of 2014 H.R. 4457 (the Bill introduced to permanently expand small business expensing to $500,000) passed the House on a 263-155 vote.  

    The negative news was sighting the loss of $73.1 billion in lost taxes over the next decade; the President is expected to veto the bill if it reaches his desk in its current form.

    But first, the next step is for the Senate to take up the measure.

    Stay tuned for updates on this issue as they become available. 
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    Volunteer

    Volunteer by July 11 to staff the MDNA booth, receive an exhibitor badge and gain FREE ACCESS to the IMTS exhibit floor for the entire show (a $50 value). Sign-up today!

    Click here Lend a Hand, Go for FREE and earn up to 4 AMEA Credits!
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    CHAPTER MEETINGS

    All members are encouraged to attend Chapter meetings and are invited to attend not only local meetings but any Chapter meeting or event of interest when convenient. 

    The following are upcoming Chapter events that are scheduled. Click on the Chapter meeting for more details:

    Philadelphia Chapter Meeting & Golf Outing — June 24

    Detroit/Toledo Golf Outing — July 15

    Chicago Chapter Event/Annual Cookout — July 17

    Chicago Chapter Event/Cubs Rooftop Game — Aug. 8

    Chicago Chapter Dinner & Meeting — Sept. 8
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    Premier Vendors

    The Premier Vendor networking and marketing program is designed to strengthen and broaden the relationships between MDNA Members and our key industry supporting vendors.

    The MDNA is excited to welcome the three newest Premier Vendors approved at the MDNA Convention:

    All-Ways Trucking Inc.
    Address: 3639 Aviation Way, Medford, OR 97504
    Phone: +1 541 608-6507
    Email: tonyo@allways.com
    Website: www.allways.com
    Principal(s): Mark Pedersen, Grant Bryant, Jamie McCleary, Dave Lipscomb, David Wright
    Established: 1992
    Name of Customer Contacts: Tony Orton or Tia Kroger
    Phone: +1 800 888-6230
    Email: management@allways.com
    Sponsors: FH Machinery, Yoder Machinery Co., Industrial Assets Machinery
    General Description of Business: Nationwide transportation company serving the United States, Canada and Mexico

    Corrigan Air & Sea Cargo
    Address: 6170 Middlebelt Rd, Romulus, MI 48174
    Phone: +1 734 728-4000
    Email: info@corriganairsea.com
    Website: www.corriganairsea.com
    Principal(s): Paul Corrigan, Richard W. Nagrocki, Cynthia Schenk
    Established: 1969
    Name of Customer Contact: Michael Murphy
    Phone: +1 313 980-0970
    Email: mmurphy@corriganairsea.com
    Sponsor: F.P. Miller Company, Lee Stevens Machinery Inc.
    General Description of Business: Household Goods Moving & Storage and Record Storage

    Pedowitz Machinery Movers
    Address: 1550 NW 24th Avenue, Pompano Beach, FL 33069
    Phone: 954-973-9737
    Email: scott@pedowitz.com
    Website: www.pedowitz.com
    Principal: Scott Pedowitz
    Established: 1971
    Name of Customer Contact: Marvin Baltodano
    Phone: 954-973-9737
    Email: marvin@pedowitz.com
    Sponsors: Resell CNC, Grand Marshall Machinery Inc.
    General Description of Business: Provide transport and rigging services for heavy machinery

    See the Premier Vendor Application.
    To Learn More about becoming one please visit us here.
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    LOCATOR

    Locator Services is getting enthusiastic reviews of Version 3.3.1 of our Customer & Inventory Management System™. We are proud to feature the industry's leading inventory and customer relationship management application.

    Some of the new features include:
    • Enhanced Note taking capabilities
    • Greater Functionality in Photo Management for inventory records
    • Expanded Quote History fields
    • Enriched Merge Records functions
    If you are still using an in-house application or older technology system and would like to migrate to a newer state of the art system simply call Jim Bowman at 703-683-5957 or email JBowman@locatoronline.com. He would be happy to schedule an online demonstration of the software for you at your earliest convenience. MDNA members may qualify for a 10 percent discount!
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    Good and Welfare

    It is with deep sadness that we inform you that Goldie Katz the mother of Sue Hariton, mother in law of Mark Hariton and grandmother of Alan Hariton of MDNA member firm Hariton Machinery Co., Inc., passed away on Monday, June 16.

    The grave site service was on Thursday, June 19.

    Please extend your thoughts and prayers to the family.



    It is with deep sadness that we inform you that Tom Brunner, of MDNA Member firm Southern Minnesota Machinery Sales, passed away last Thursday June 19. Tom was diagnosed with pancreatic cancer just 5 weeks ago before losing his fight with cancer. Tom is survived by: his triplet children, Gregory, Morgan, Ashley all of Sartell; former wife Tammy of Sartell; siblings Kathryn Schug of St. Cloud, Barbara Dorey of Jordan, MN, Mary (Tim) Swanson of Lacey, WA, Carol (Rick) Weidner of Auburn, WA, and William (Sara) of Carmel, IN.

    There will be a memorial service held for Tom Brunner but the details are still unknown.

    See full obituary here.



    Congratulations to Jon Arnold of Arnold Equipment Co. and Margaret J Rothenberg on their new engagement!
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    CALENDAR OF EVENTS


    Date Event Location
    June 24 Philadelphia Chapter Meeting & Golf Outing Heritage Hills Golf Resort
    York, PA
    July 15 DETROIT/TOLEDO CHAPTER Annual Golf Outing R & S Sharf Golf Course, Oakland University Campus, Rochester, MI
    July 17 Chicago Chapter Event/Annual Cookout
    Highland Park, IL
    Aug. 8 Chicago Chapter Event/Cubs Rooftop Game
    Chicago, IL
    Sept. 7-9 MDNA/Locator Services, Inc./AMEA/Austin D. Lucas Scholarship Fund Meetings
    Radisson Blue Aqua Chicago, IL
    Sept. 8 MDNA/IMTS/Chicago Chapter Dinner & Meeting
    Chicago, IL
    Sept. 8-13 IMTS 2014 McCormick Place, Chicago, IL


    FEATURED ARTICLE
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    White House hails rebound of US manufacturing, but is it for real?
    The Christian Science Monitor
    The mass exodus of millions of factory jobs overseas in the early 2000s brought the American manufacturing sector to its knees. However, since 2010, manufacturing has started to regain some footing, with more than 600,000 new jobs, according to a new report.

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    Seeking a less crowded field, MBAs find success in manufacturing
    Bloomberg Businessweek
    If newly-minted MBAs want a good shot at quick employment and salary jumps, they may want to turn their aspirations toward factory floors and away from trading floors. A survey of more than 3,000 graduate business students around the world shows that grads seeking jobs in the manufacturing and healthcare industries were most likely to get early offers this spring.

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    The silver bullet to a US manufacturing revival
    The Wall Street Journal
    First proposed in March 2012 and formally requested in President Barack Obama's 2013 State of the Union address, the National Network of Manufacturing Institutes vision calls for the investment of $1 billion in a set of 15 manufacturing innovation hubs (en route to a projected 45).

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    INDUSTRY NEWS


    Manufacturing picks up pace in leading economies; Europe lags
    Reuters
    Global manufacturing activity appeared to accelerate in June, buoyed by a return to growth in China and Japan and the fastest expansion in the U.S. factory sector in more than four years. Surveys of manufacturers around the world gave some positive signals for the global economic outlook, but dark clouds remained over Europe, where an unexpectedly sharp fall in French business activity dragged on the wider euro zone.
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    Manufacturers revive apprenticeship programs in Chicago
    Chicago Tribune
    As the economy picks up a little speed and the demand for his product increases, Craig Freedman said he can't find qualified candidates who are fluent in metallurgy, can operate his computer-run machines and read blueprints. The manufacturing skills gap is serious in Chicago, Deputy Mayor Steven Koch said at a round-table discussion highlighting the importance of manufacturing apprenticeships. More than 14,000 help-wanted signs dot Chicago, posted by companies that can't find the right applicants.
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    White House hails rebound of US manufacturing, but is it for real?
    The Christian Science Monitor
    The mass exodus of millions of factory jobs overseas in the early 2000s brought the American manufacturing sector to its knees. However, since 2010, manufacturing has started to regain some footing, with more than 600,000 new jobs, according to a new report. What's more, many companies that outsourced production to China in the early 2000s are now considering rebuilding factories on U.S. soil, according to a survey of manufacturing executives.
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    READ MORE


    Houston is the best city in the country for manufacturing, Forbes says
    Houston Business Journal
    No surprise here — with the energy sector booming in Houston, manufacturing in the region has gotten a boost from the need for new refineries and pipelines, according to Forbes Magazine. But the surge has been so good for the area that the magazine has ranked the Houston-Sugar Land-Baytown metropolitan region the best in the country for manufacturing growth.
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    TRENDING ARTICLES
    Missed our previous issue? See which articles your colleagues read most.

        The silver bullet to a US manufacturing revival (The Wall Street Journal)
    Section 179 Legislation
    CHAPTER MEETINGS
    Premier Vendors
    Walmart's 'Made in USA' push exposes strains of manufacturing rebirth (Reuters)

    Don't be left behind. Click here to see what else you missed.


    New York City urged to boost bet on manufacturing
    Crain's New York Business
    Manufacturing in New York City has been on the decline since the 1940s, when the sector provided more than one million jobs. Over the last four years that figure has stabilized at a mere 76,000. Even now, however, industrial jobs—including construction, manufacturing, wholesale trade, transportation and warehousing — account for about 15 percent of the city's private-sector employment, according to a report released by the Pratt Center for Community Development and the Association for Neighborhood and Housing Development.
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    Large majority of car manufacturing now in right-to-work states
    Washington Examiner
    Even before Michigan passed a right-to-work law in 2012, U.S. car manufacturing was drifting south to places like Tennessee that had long had the law. A study shows just how far the shift has happened: An estimated 70 percent of domestic car and car parts manufacturing is now located in right-to-work states.
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    Report: 3-D printing makes headway into heart of US manufacturing
    Manufacturing.net
    Additive manufacturing, or 3-D printing, is showing signs of triggering transformations in U.S. industrial manufacturing, from product design and production to restructured supply chains, according to a report released by PwC in conjunction with The Manufacturing Institute. The report, which includes findings from a survey of over 100 industrial manufacturers, revealed that two-thirds (67 percent) of manufacturers surveyed are currently implementing 3-D printing either by experimenting with the technology or by already using it for prototypes or final products.
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    MDNA Biweekly

    Colby Horton, Vice President of Publishing, 469.420.2601
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