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Obama to Introduce Another Business Tax Cut
9/7/2010
In another move aimed at stabilizing the still-shaky economy, President Barack Obama on Wednesday will introduce a new $200 billion tax cut giving businesses across the country an incentive to buy new equipment in the short term, according to a senior administration official.
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U.S. Unemployment Relatively Unchanged From July
9/7/2010
The U.S. lost 54,000 jobs in August, raising the unemployment rate slightly to 9.6 percent from July's 9.5 percent, according to the Department of Labor. The private sector added 67,000 jobs during the month.
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ISM Manufacturing Index Improves in August
9/2/2010
U.S. manufacturing activity increased in August, the Institute for Supply Management (ISM). ISM’s monthly factory index rose to a 56.3 reading, from 55.5 in July, the group said. Figures of more than 50 indicate expansion.
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Xantrex Launches Redesigned Web Site
9/3/2010
Xantrex Technology, Inc. (Vancouver, BC, Canada), a subsidiary of Schneider Electric, launched its redesigned Web site, www.xantrex.com.
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DUECO Welcomes New Employees
9/3/2010
DUECO, Inc. (Waukesha, WI), a privately owned provider of Terex Utilities and Hi-Ranger bucket trucks, digger derricks, cranes, stringing and tension equipment and utility trailers, recently welcomed two new employees.
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Hendrickson Expands Global Footprint with New Manufacturing Facility in China
9/3/2010
Hendrickson (Itasca, IL) recently entered a strategic cooperation agreement with Sinotruk (Hong Kong) Limited, an affiliate of China National Heavy Duty Truck Company (CNHTC), China’s largest manufacturer of heavy-duty trucks.
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