Sundyne Announces Leadership Change at its German MASO/Sine Division
Sundyne Corp., a Hamilton Sundstrand business, announced its MASO/Sine manufacturing facility in Ilsfeld, Germany, will now be managed by Colin Guppy of the Sundyne senior leadership team. Hamilton Sundstrand is a subsidiary of United Technologies Corp.
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Job Searching in a Recession
Ryan Saale was in a bind. He was planning to move back to St. Louis from Santiago, Chile earlier this year but, with the job market taking a downturn, it wasn't an ideal to a start a job search -- much less from 5,000 miles away.
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Growth to Slow In Oilfield Equipment Mkt.
The world oilfield equipment market is projected to increase 2.9 percent per year through 2012 to $85 billion, marking a drastic deceleration from the 2002-2007 pace, according to a report by The Freedonia Group (www.freedoniagroup.com). The report, titled World Oilfield Equipment, predicts the global economic slowdown and major reduction in crude oil prices as of late 2008 will most likely reduce oil and gas equipment sales for much of 2009. However, after that, growth is expected to accelerate, as China and India continue to recover and resume development projects.
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Sauer-Danfoss Inc. Announces Sale of AC Motor Business and Revises 2008 Earnings Guidance
Sauer-Danfoss is a global manufacturer of components and integrated hydraulic systems that generate transmit and control fluid power in primarily off-highway mobile equipment. Principal products are hydrostatic transmissions gear pumps and motors orbital motors hydrostatic steering units proportional load-sensing valves microprocessor controls and electrohydraulics. They sell products to original equipment manufacturers (``OEMs``) who use Sauer-Danfoss products to provide the hydraulic power for the propel work and control functions of their vehicles. SauerDanfoss Inc. has a market cap of $390.52 million; its shares were traded at around $7.76 with a P/E ratio of 5.8 and P/S ratio of 0.2. The dividend yield of SauerDanfoss Inc. stocks is 8.9%. SauerDanfoss Inc. had an annual average earning growth of 1.8% over the past 10 years.
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How to Manage a Job Layoff - How to Move Forward After a Layoff
When you are laid off, things may seem totally out of your control: you no longer have use of your office, your income has stopped or will stop soon, your bills continue pouring in and there is no job alternative in site.
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Flow Technology's Calib. Lab Earns NVLAP Cert
Flow Technology, Inc. (www.ftimeters.com), a manufacturer of flow measurement instruments, systems and calibrators, received accreditation from the National Voluntary Laboratory Accreditation Program (NVLAP) for its primary standard flowmeter calibration laboratory. The facility is now accredited to provide ISO/IEC 17025:2005 liquid calibrations.
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Despite economy, API Heat Transfer to grow
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Annual Salary Negotiations
Your annual review is often the forum for haggling over a raise. People tend to go into these meetings assuming employers will note their accomplishments and reward them accordingly. But that's not always the case. What's more, Monster members often write that they have not received a raise in two years or more. Worse, some employers have actually taken away certain benefits, such as bonuses or vacation days.
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Ten Tips To Finding A Job In The Recession
The United States is in a recession and in the midst of the highest unemployment rate since 1996, with more than 1.1 million jobs lost over the past five months.* For the unemployed, or those preparing for a layoff, that translates into an increasingly competitive job search. So with that many unemployed people competing for a smaller number of job openings, how can today's job seekers gain the advantage to finding a job in the recession? The following ten tips are offered by ResumeMaker, a business unit of Individual Software Inc. that produces resume-writing software and online resume preparation services at www.resumemaker.com:
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Mico Names New International Sales and Marketing Consultant
Mico Incorporated, a designer and manufacturer of hydraulic components, controls and brake systems, recently announced that Nigel Jennison is being retained as an international sales and marketing consultant. Jennison will be responsible for developing, monitoring and managing plans related to international sales as well as coordinating European sales and marketing efforts with Chris Reynolds, managing director of Mico Europe, Ltd.
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Why You Need a Good Handshake
Before you head out to the interview, check your suit for lint, your résumé for typos, your teeth for spinach and your hands for a firm grip. A new survey finds that all of your years of experience and the hard work you put into preparing for an interview can disappear if you extend your hand and offer a languid shake.
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Do Your Homework Before the Big Interview
Once upon a time, a job seeker landed an interview, skimmed the prospective employer's annual report, wowed the hiring manager with a few company facts and strolled into his dream job.
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GGB Appoints Mexican Distributor
GGB Bearing Technology has appointed Delamac de Mexico, S.A. de C.V. as a distributor for its line of prelubricated and self-lubricating plain bearings in Mexico.
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A Few Bright Spots Amid Rising Unemployment
The latest signpost in the U.S. job market's descent arrived on Friday, when the Department of Labor announced that the non-farm payrolls shed an unexpectedly high 240,000 jobs in October, the tenth straight monthly decline, and yet another sign that the recession's grip is tightening. Overall, the unemployment rate surged to 6.5%, higher than most economists had been expecting. The report added to that gloom with a downward revision of September job losses to 284,000, the biggest monthly loss since 2001.
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Sundyne Announces Leadership Change at its German MASO/Sine Division
Sundyne Corp., a Hamilton Sundstrand business, announced its MASO/Sine manufacturing facility in Ilsfeld, Germany, will now be managed by Colin Guppy of the Sundyne senior leadership team. Hamilton Sundstrand is a subsidiary of United Technologies Corp.
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An Interview Strategy: Telling Stories
If you read many books on job interviews, you'll notice that some feed you lists of interview questions that you should learn answers to. But an interview is not an interrogation; it's a conversation. Thus, I believe the best way to prepare for an interview is to come armed with a multitude of small stories about both your business and personal life.
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FLUID POWER CONFERENCE & EXPO to Co-Locate with WASTE EXPO
Hydraulics & Pneumatics is gearing up for its fifth bi-annual FLUID POWER CONFERENCE & EXPO http://www.fluidpowerexpo.com which will co-locate with WASTE EXPO on June 8-11, 2009 in Las Vegas, NV www.wasteexpo.com. This exciting event provides an excellent networking and sales opportunity for manufacturers and suppliers of fluid power components, systems, and related products and services that drive the industry today. FLUID POWER CONFERENCE & EXPO presents state-of-the-art fluid power technology with such products and services as hydraulic and pneumatic components, systems, controls, and materials.
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U.S. Sealing Mkt. to Hit $8.8 Bil. in 2012
The U.S. market for gaskets and seals is expected to expand 2.7 percent per year (including price increases) to $8.8 billion through 2012, roughly in line with sales performance during the 2002-2007 period, according to a study by the Freedonia Group (www.freedoniagroup.com). The study, titled Gaskets & Seals, says suppliers will benefit from a rebound in motor vehicle production, as well as from solid increases in machinery production and capital spending. Rising demand for more expensive sealing products made from advanced materials is also expected to support gasket and seal demand growth. Freedonia acknowledges, however, that increased use of better performing products will have a mixed effect over time, as initial value gains will be offset by longer useful lives, decreasing aftermarket sales.
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Resume - Showcase for Your Talent
Your resume may have less than a minute to capture the interest of an employer. It’s a fierce competition. The difference between your resume ending up in the “Must Call” or “No Interest” pile is all in the delivery.
One-in-four human resource managers recently surveyed by CareerBuilder.com reported that they receive more than 50 resumes, on average, for each open position. Thirteen percent said they typically receive more than 100 resumes.
“To stand out from the crowd, you need to think like an employer and follow some basic dos and don’ts,” said Liz Harvey, consumer products director for CareerBuilder.com.
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10 Tips for Career Survival
Lots of people are jittery about their jobs these days, and given the constant stream of bad news about the economy, who can blame any employee for being nervous? Here are 10 tips that might help you keep your job.
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Parker Strengthens North American Fluid Handling Business
Parker Hannifin Corporation,the global leader in motion and control technologies, announced that it has acquired Nexgen Hose Inc., headquartered in Fergus, Ontario, Canada. Nexgen is a leading manufacturer of industrial PVC hose and tubing for niche and industry standard applications.
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Job Interviews
The purpose of a job interview is for you and an employer to learn about one another. Employers want to evaluate your qualifications, and you also want to evaluate the employer.
There are several different types of interviews:
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MTS Integrates Connector System with Smallest Mobile Hydraulic Sensor
Connector system eliminates mis-wiring in cylinder/sensor assembly...
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Pumps for Algerian Fertiliser Factory
Beginning of 2008, KSB Aktiengesellschaft, received an order worth several million euros for the supply of five large vertical tubular casing pumps, five large water transport pumps and five large butterfly valves with hydraulic actuators to a fertiliser factory in Algeria.
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'Tis the Season to Ace Your Performance Review
If there's ever been a year to ace the annual performance review, 2008 may be it.
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Water Disinfect. Mkt. to Hit $7.4 Bil. in 2012
Global demand for water disinfection products is projected to increase 7.4
percent annually to $7.4 billion in 2012, according to a study by The Freedonia Group (www.freedoniagroup.com). Overall, the study predicts growth will be fastest in China, India and other developing countries, particularly those with large industrial sectors. Growth is expected to be substantial in nearly every region, although the underlying reasons for growth can vary widely.
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Career Choices
Select almost any industry, anywhere. Automation + control technologies are not only part of that industry, but, from plastics to cars, they are critical to production. Instruments and control systems measure, analyze, and manipulate factors such as temperature, flow, pressure, level, velocity, and composition in a variety of manufacturing, scientific, and technical applications. Men and women who specialize in automation + control conceive, design, build, operate, and maintain these vital systems. As a student considering this field, you have an immense array of choices. The preparation you make now is an exciting first step toward your professional future.
While the opportunities are far too numerous to list, most automation + control jobs fall into one of four general categories:
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Recruiters: The Difference Between Puppy Dogs and Consultants
Let's talk about recruiters. For those of you who don't know, I was one for 22 years. Seven in contingency then three as the office manager for a permanent/temp local agency. Then another eight in contingency, followed by four as a retained recruiter. Yes, all three possible types of recruiting, which is very unusual, so I've seen it on every level. But for this blog entry, I'm focusing on contingency recruiters, because that's where the most danger is to job searchers.
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5 Bad Excuses for Calling in Sick
At some point in time it happens to the best of us. We become disengaged with our jobs, boss or just life in general. Getting out of bed and making it to work feels like a job unto itself, and you wonder, "Why bother?"
Here are five bad excuses for giving in to the call-in-sick urge:
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Eaton's Hydraulics Training Services Introduces Redesigned HTS-2 Hydraulics Training System for Classroom Fluid Power Simulations
Diversified industrial manufacturer Eaton Corporation announced today its Hydraulics Training Services have introduced a completely re-designed hydraulic training system incorporating improvements and enhancements based on experience gained in many years of instructional experience. The new HTS-2 fluid power training simulator provides a cost-effective solution for hands-on demonstration of hydraulic principles for a classroom or lab environment.
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Gardner Denver Completes Acquisition of Compair
Gardner Denver, Inc. reported today that it has completed its previously announced acquisition of CompAir Holdings Limited (“CompAir"), a leading global manufacturer of compressed air and gas solutions.
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Job Interview Tips
Congratulations! You've landed a job interview, and now you have the opportunity to dazzle a potential employer in person. That is, unless you forget to follow these golden interview rules. Find out how to leave the right impression with these tips.
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FGD Market to Hit $200 Bil. By 2020
Over the next 12 years owners of coal-fired power plants will spend $200 billion dollars to add flue gas desulfurization (FGD) systems to existing and new combustion units, according to the latest forecasts by the McIlvaine Company (www.mcilvainecompany.com) in its online report World FGD Markets.
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Job-Search Tips for Older Workers
Does age bias exist in the hiring process today? That's a tricky question, as it's often hard to prove. Nonetheless, many mature workers seem to face more of an uphill battle today when competing against candidates from Gen X and Gen Y.
Here are five pointers for those job hunters who may have a few years under their belts.
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Sauer-Danfoss Inc. Announces President and CEO Succession Plan
Sauer-Danfoss Inc. (NYSE: SHS) today announced that Sven Ruder has been appointed to the position of President and Chief Executive Officer, effective January 1, 2009. Ruder succeeds David J. Anderson who announced his retirement effective January 1, 2009.
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Body Language: Be Careful What You Don't Speak
What your body language says is often more important than what you say verbally, especially when the two conflict. When they're in sync, your movements are a reflection of what you’re thinking and what you’re feeling: your conscious and your unconscious. But when they aren’t, the unconscious prevails.
Why?
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Do Your Homework Before the Big Interview
Once upon a time, a job seeker landed an interview, skimmed the prospective employer's annual report, wowed the hiring manager with a few company facts and strolled into his dream job.
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Hansen Opens Environmentally-Certified Plant
After investing around 180 million euros, the expanded Hansen Transmissions Lommel, Belgium factory was officially opened by Flemish Minister-President Kris Peeters. He also helped assemble Hansen’s 20,000th wind turbine gearbox and released the ISO 14001 certificate for the plant’s environment management policy, which includes strategies for energy, product storage, air emission and waste.
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IDEX Corporation Acquires Richter Chemie - Technik
IDEX Corporation announced the acquisition of Richter Chemie-Technik, a leading provider of premium quality lined pumps, valves and control equipment for the chemical, fine chemical and pharmaceutical industries.
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Wall Street's Gender Pay Gap
The strip-club atmosphere may be gone from Wall Street, but gender discrimination lives on in work rules and compensation programs that favor men, according to a book about Wall Street's gender pay gap.
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New Sensor Could Help Avert Pipeline Failures
Researchers at the National Institute of Standards and Technology (NIST, www.nist.gov) and Colorado School of Mines (CSM, www.mines.edu) have developed a prototype sensor that is designed to quickly detect very small amounts of hydrogen accumulation in coated pipeline steel. The new sensor could provide early warning of pipes that have accumulated excessive amounts of hydrogen — a notorious source of embrittlement — and avert potentially disastrous failures of pipelines carrying hydrogen fuel, according to the NIST.
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How to Get Answers to 5 Key Questions Before Taking a Job
Three times during his career, Leslie G. Griffen has asked a prospective employer whether he can walk around the company and talk with employees about how they like their jobs. Twice the employers gave him the go-ahead, which told Griffen they were confident their employees were happy. One employer balked - a sign that this was not a good match.
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Wind Energy Producers
Diversified industrial manufacturer Eaton Corporation announced its Searcy, AR, plant has inaugurated an industry exclusive factory repair service for the Vickers® proportional valves widely used to control blade pitch in power-generating wind turbines.
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Older Staffers Get Uneasy Embrace
Americans are going to have to retire later, we're often told. They live longer than their ancestors. Neither their retirement savings nor the taxes of younger generations can support ever-longer retirements.
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Recession? What Recession? Demand for Qualified Personnel in the Fluid Power Industry is at an All-time High
Recession is ripping through the nation and economic hardship is impacting almost everything Americans do from buying houses to driving cars, or even being able to hold a job. Ethan Harris, chief domestic economist for Lehman Brothers, expects the current unemployment rate to continue to rise well through the end of 2009 . Goldman Sachs shares a similar sentiment, predicting that rising unemployment rates are only currently about half of what they will increase to by the end of 2009 .
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