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Fracking Ban On The Ballot In North Texas

November 2, 2014 8:15 pm | by Emily Schmall, AP | News | Comments

Scores of cities in other states have considered similar bans over health and environmental concerns. But the proposal in Denton is a litmus test on whether any community in Texas — the nation's biggest oil and gas producer — can rebuff the industry and still thrive.

China's Economic Slowdown Hurts Globally, But Not U.S.

November 2, 2014 8:00 pm | by Christopher S. Rugaber, AP | News | Comments

The United States has been recovering steadily as China's economy has weakened. China was growing at a double-digit pace in 2010, when the U.S. was still struggling to escape the recession. Now, the U.S. economy has expanded at a four percent annual pace over the past six months.

North Dakota Tribe To Drill Its Own Wells

November 2, 2014 7:52 pm | by Josh Wood, AP | News | Comments

While the 1,300-plus wells currently on the Fort Berthold Indian Reservation produce roughly a third of North Dakota's daily output, the tribe only receives a fraction of money generated through royalties and a tax-sharing agreement with the state. That's why the four new wells will be important, say tribal councilmen.

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Crude Exports Continue To Rise

October 31, 2014 1:15 pm | News | Comments

The United States exported its highest level of crude oil in 57 years, and since April, crude exports have included modest amounts of Canadian-produced barrels that were moved through the United States and then re-exported to Switzerland, Spain, Italy and Singapore.

Royal DSM Announces New Georgia Polymerization Plant

October 31, 2014 1:03 pm | News | Comments

The decision to locate the plant in Augusta is a demonstration of the close working relationship between DSM and the State of Georgia. Construction is scheduled to start in Q1 2015 with completion targeted for mid-2016.                   

Consumer Index Reaches 7-Year High

October 31, 2014 12:51 pm | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The solid increase suggests consumers largely dismissed concerns about slowing global growth and have ignored the sharp swings in financial markets earlier this month. Instead, greater hiring and lower gas prices are boosting their outlook.

Gas Falls To Nationwide Average Of Under $3

October 31, 2014 12:44 pm | by Jonathan Fahey, AP Energy Writer | News | Comments

The national average price of gasoline has fallen 33 cents in October, landing at $3.00, according to AAA. The average will fall under $3 by early Saturday morning for the first time in four years. When the national average crossed above $3 a gallon in December of 2010, drivers weren't sure they'd ever see $2.99 again.

Niche Segments Offer Opportunities For Process Mixing Equipment

October 30, 2014 10:59 am | by Frost & Sullivan | News | Comments

As industrial growth intensifies in Europe, rising investments in the food and beverage and pharmaceutical industries will bolster the process mixing equipment market in the region. New application areas such as bioreactors, fine chemistry, and vaccine manufacturing will give a further boost to the market.

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Ukraine-Russia Gas Talks Deadlocked

October 30, 2014 10:51 am | by Raf Casert, Associated Press | News | Comments

Talks to guarantee that Russian gas imports flow into Ukraine throughout the winter appeared to be at an impasse Thursday because of doubts over payments from Kiev.               

U.S. Economy Grew At 3.5 Percent Rate In Third Quarter

October 30, 2014 9:57 am | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending in five years.       

The Role Of Cloud-Based ERP In Reshoring Manufacturing

October 30, 2014 1:00 am | by Pat Garrehy, Rootstock, CEO | Articles | Comments

A growing number of manufacturing companies are bringing their operations back to the United States and they are discovering that cloud based ERP software can help their core functions become more efficient and cost-effective, ultimately driving greater revenue.

Why Your Manufacturing Company Is Worth More Than You Think

October 29, 2014 1:00 am | by Scott W. Sims, Senior Vice President, Allegiance Capital Corporation | Articles | Comments

As the economy recovers, middle market manufacturing companies are poised to make a big comeback in terms of profitability and as appealing prospects for investors. Changing economic tides, a shortage of sellers and trillions of investor dollars on the sidelines, add up to big opportunities for manufacturing businesses in the middle market today.

U.S. Durable Goods Fell In September

October 28, 2014 10:50 am | by Martin Crutsinger, AP Economics Writer | News | Comments

Orders to U.S. companies for long-lasting manufactured goods fell for a second month in September, while a key category that signals business investment plans dropped by the biggest amount in eight months.        

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U.S. Zinc Completes Phase 2 Of Zinc Oxide Expansion

October 27, 2014 10:41 am | by U.S. Zinc | News | Comments

Officials with U.S. Zinc has announced the company has completed the planned expansion project of their domestic zinc oxide plant in Millington, Tenn., ahead of schedule.              

Chomarat Opens New North American Facility

October 27, 2014 10:35 am | by Chomarat | News | Comments

Chomarat has just celebrated the opening of its new 58,500 sq.ft. factory in South Carolina that will specialize in developing the company's advanced composite business.              

New Poll Reveals Concern Over Proposed EPA Power Plant Regulations

October 24, 2014 10:20 am | by National Association of Manufacturers | News | Comments

Polling data released by the Partnership for a Better Energy Future (PBEF), a coalition of 175 members representing nearly every segment of the U.S. economy, finds that Americans have major concerns about the EPA’s proposed greenhouse gas regulations and are unwilling to pay even a dollar more for energy in exchange for these new rules.

Authorities are investigating the discovery of a body at a southwestern Indiana aluminum plant.

Alcoa Sells Stake In South Carolina Smelter

October 24, 2014 10:14 am | by Associated Press | News | Comments

Alcoa is selling its stake in a South Carolina aluminum smelter to Century Aluminum Co. for $67.5 million.                                                               

The Inversion Crackdown Is In Full Swing

October 24, 2014 1:00 am | by Maura Falk, Associate Editor, IMPO Magazine | Blogs | Comments

It looks like the Obama administration has finally thrown down the gauntlet with companies moving their headquarters overseas. For years, companies have been buying smaller businesses abroad and, in turn, evading taxes. This practice is called inversion, and President Obama seems to be at the end of his rope with it, going so far as to call it an unpatriotic practice...

Judge To Decide Fate Of Oil Company's Bankruptcy

October 22, 2014 10:18 am | by Associated Press | News | Comments

A federal judge is set to decide whether to close out the case of a legally troubled oil drilling company in Kentucky.                                                     

Oil Company Acts Quickly To Replace CEO Killed In Crash

October 22, 2014 10:17 am | by Associated Press | News | Comments

French oil giant Total SA has named Patrick Pouyanne as chief executive to replace Christophe de Margerie, who was killed earlier this week in a plane crash in Moscow.                     

Dow Chemical Beats Q3 Forecasts

October 22, 2014 10:11 am | by Associated Press | News | Comments

Dow Chemical Co. (DOW) on Wednesday reported third-quarter earnings of $937 million.                                                            

SKF To Expand, Relocate To St. Louis

October 21, 2014 10:22 am | by Associated Press | News | Comments

A company that makes industrial lubrication systems could receive state and local incentives to build a new manufacturing plant in the St. Louis area.                                      

Royal Dutch Shell said Friday it is selling its Australian gasoline stations and refinery to energy trader Vitol Group for 2.9 billion Australian dollars ($2.6 billion).

Shell Midstream Partners File For $750M IPO

October 21, 2014 10:14 am | by Associated Press | News | Comments

Shell Midstream Partners LP filed for an initial public offering that could be worth about $750 million before expenses and discounts.                                      

Fuel Reform Puts Diesel Under Market Control

October 20, 2014 11:06 am | by KATY DAIGLE, Associated Press | News | Comments

India freed diesel prices from government control Sunday while raising natural gas tariffs in the biggest-yet reform by Prime Minister Narendra Modi's government, as it aims to boost the country's economy and overhaul its energy sector.                

Halliburton Tops Wall Street Q3 Forecasts

October 20, 2014 11:05 am | by Associated Press | News | Comments

Halliburton Co. (HAL) on Monday reported profit of $1.2 billion in its third quarter.                                                            

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