U. S. Postal Service Sets the Example

I like the U.S.Postal Service Postmaster General’s approach to declining postal volume: “We are no different than any other business out there,” he says in the video. “You have to have revenue. If you don’t have revenue, you got to get the cost down. It’s that simple. There’s nobody that’s going to come in here with a bucketload of money to make up that difference”. Now, why can’t these same principals apply to the Congress and President’s approach to the debt limit and budgets? Read more about their closing of postal...

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U.S. Loses $1.3 Bil. on Chrysler Investment

The U.S government has sold its shares in Chrysler LLC at a likely loss of $1.3 billion in taxpayer money, the Treasury Department said Thursday, announcing the end of a controversial investment that resurrected the troubled auto company. The good news; Chrysler has survived as a viable US auto manufacturing company, including the Belvidere facility. The bad news; another US company going into the hands of a foreign company. Well, at least it’s a European...

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Buying All Planes from Boeing Would Have Been Better!

American Airlines, in ordering a record 460 new airplanes, split their order between Boeing and European manufacturer Airbus. I’m sure there was technology as well as pricing involved in making this decision, but think of the economic impact if American placed all the orders with Boeing?  Maybe delivery and capacity entered into the decision. It would have been a bigger shot in the arm for US and local Rockford manufacturers.  Credit to those who sell their parts and services to both companies, that would really be covering your bets!...

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Rockford Manufacturer Moving To Indiana

This is not the kind of news that we like to see.  This was reported in Monday’s Chicago Tribune.  Not sure of the reasons, but it looks like money talks! I wonder if we had a proposal to keep them here? ELKHART, Ind. — The Indiana Economic Development Corp. says a producer of high-performance engineering alloys is moving its operations from Illinois to Indiana, creating up to 100 new jobs by 2014. THE IEDC said Saturday that Special Metals Corp. will move its A-1 Wire division from Rockford, Ill., to a 50,000-square-foot plant in...

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FMA Releases National Manufacturing Survey

In their monthly update,FMA discussed the results of a nation wide survey of their members regarding several manufacturing issues.  Here is the text from that update; there may be some similarities with Rockford manufacturers: “In last month’s newsletter, we shared some reader comments about a possible manufacturing renaissance, including those from a reader who said, “It is great that the companies are making increased profits, but with the trade agreements, are they doing it by suppressing wages? We have companies here in...

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