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Equipment Financing: Guarded But Growing

Bankers and finance executives in the Equipment Leasing & Finance Foundation report that confidence in the U.S. economy and the capital markets – which drives more consumer goods, equipment and durables, and investments – remains strong for the next four months. But an underlying uncertainty is the reason that forecasts remain guarded.

ECONOMIC SLOWDOWN? NOW IS THE TIME TO FINANCE EQUIPMENT

Moving On Up: In this uncertain economy, increasing or upgrading that equipment is an expense and risk that many decision makers are avoiding. However, with low interest rates and numerous incentives, David Malone of Community Bank explains why this may be the best opportunity ever to finance equipment for your business and gain that competitive edge you need.

Premier Tool & Die to Restart Vacant Plant

Premier Tool & Die Cast plans to acquire the shuttered plant IGC Die Castings in Dowagiac, MI, and invest $3.2 million to install a new diecasting line for zinc and aluminum at the site, which may have as many as 100 workers employed there in the next 18 months.

REDUCE YOUR PRECISION GRINDING COSTS

Flexibility is the key to making money in precision grinding. If you are looking for ways to reduce your grinder operating costs and improve your margins, check out the flexibility these machines offer.

EDUCATION: CHANGING THE STATUS QUO

Doing More With Less: Guest columnist Dale Petts of Simonds International sees a perfect storm brewing as baby boomers retire and young people view factory work as dirty, dangerous and unfulfilling. But he also sees an industry that is discovering how online training technology can build the competitive value of its workforce.

FROM TRAINING TO PRODUCTION: NOW YOU SEE IT, NOW YOU DO IT

An offline personal computer can be used to train the operators, who then run the program on a virtual control to prove it out, all before running it on a costly machine tool . . . Randy Pearson of Siemens Industry explains how this evolution of the quasi-CAM system brings so many advantages to the shop.

Calendar & Events
Southeast Design – 2-Part Show
September 11 - 12, 2013
Greenville, SC
Mid-Atlantic Design – 2-Part Show
September 25 - 26, 2013
Phoenixville, PA
CMTS of Canada
September 30 - October 3, 2013
Mississauga, Canada
DISCOVER 2013
October 8 - 16, 2013
Florence, KY
Wisconsin Manufacturing and Technology Show
October 8 - 10, 2013
Wisconsin State Fair Park Exposition Center Halls B&C
WESTEC 2013
October 15 - 17, 2013
Los Angeles, CA
SOUTH-TEC
October 29 - 31, 2013
Greenville, SC
New England Design-2-Part Show
October 30 - 31, 2013
Marlborough, MA
DMG / Mori Seiki Manufacturing Days
November 12 - 15, 2013
Mori Seiki Manufacturing – Davis, CA
FABTECH
November 18 - 21, 2013
McCormick Place – Chicago, IL
Midwest Design-2-Part Show
November 20 - 21, 2013
Northern Kentucky Convention Center – Covington, KY
PCD Tool Manufacturing
November 20, 2013
United Grinding North America – Fredricksburg, VA