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Schuler Finalizes Organizational Changes

Monday, December 24, 2007
 
On the heels of its acquisition of Muller Weingarten AG, Schuler AG finalized several organization changes. Schuler Inc., Canton, MI, is the main point of contact for new equipment sales in North America, and for service of new and existing Schuler and Muller Weingarten installations in the United States and Canada. For all installations in Mexico, Muller Weingarten S.A. de C.V., from its new facility in Puebla, Mexico, will be the main point of contact for aftermarket service for Schuler Group brands. And, BCN Inc., Hastings, MI, remains an independent company servicing the Bliss, Clearing and Niagara brands in North America. Learn more at www.schulerinc.com.
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High-Speed Slitting Line Installed Down Under

Monday, December 24, 2007
 
Red Bud Industries, Red Bud, IL, has designed and built a high-speed slitting line recently installed in Melbourne, Australia, by Surdex Steel, a subsidiary of Australia’s largest privately owned service-center chain Southern Steel Group. The slitting line features hands-free threading using a loop traverse system that also supports the strips during tail out, preventing them from falling into the pit. Also included are self-nesting strip dividers and a head-changing system that allows for offline setup and 2-min. head changes. Capacity: 60-in.-wide coils of stock to 0.157 in. thick, with a line speed peaking at 1000 ft./min. Learn more at www.redbudindustriescom.
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USBIC Sounds Alert on Manufacturing Trade Deficit

Friday, December 21, 2007
 
While the U.S. trade deficit rose only slightly in October, the manufacturing deficit skyrocketed by 20 percent—exports by U.S. manufacturers rose an impressive 7.8 percent in October, but imports of manufactured goods rose by 12.75 percent, according to the United States Business and Industry Council. Year to date, the manufacturing deficit through October stands at $512 billion, 2.85 percent less than the same period last year. The U.S. trade deficit with China increased 9.1 percent in October—U.S. exports rose by 1.28 percent while U.S. imports from China grew by 7.61 percent. And, most alarming, in light of the plunge of the value of the dollar versus the Euro, America’s trade deficit with Europe nearly doubled in October, with exports from U.S. companies rising by 4.14 percent compared to America’s goods imports from Europe growing by more than 26 percent. Learn more at www.americaneconomicalert.org.
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