South Africa goes into recession.
The South African economy has gone into recession for the first time since 1992, following a sharp slowdown in the manufacturing and mining sectors.
Africa”s biggest economy contracted at an annualised rate of 6.4% between January and March, compared with the same period a year earlier.
It was the biggest decline since 1984 and followed an annualised 1.8% fall in the previous three months.
The construction sector, however, was boosted by the upcoming World Cup.
South Africa is benefiting from a huge programme of government investment ahead of the football tournament in 2010.
Rate cut expected
A recession is generally defined as being two quarters of negative growth.
‘It”s far worse than we expected,’ said Elna Moolman, economist at Barnard Jacobs Mellet.more
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Construction Under Way on Appetizer Plant in Wisconsin.
According to Industrial Info”s North American Industrial Database, Wisconsin is home to more than 300 major food and beverage manufacturing plants and distribution centers.
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BluGlass Sign LED Sales and Merketing Agreement with Korean Company.
The Korean government is assisting in developing the countries semiconductor manufacturing capabilities in both LED and solar manufacture. The government has called the LED industry ?its next growth engine? with the commitment of 540.1billion won1 (AUD 542.5 million) to assist in the establishment of eco friendly segments such as LED manufacture over the next five years. The South Korean LED market was worth in excess of USD 1.5 billion in 2006 and is forecast to reach USD 15 billion by 20152. Gwangju is officially designated as South Korea”s ?LED Valley? and 70 LED companies are slated to set up shop in the district3. This will involve significant spending on manufacture capability including the purchase of new deposition tools and equipment to furbish new fabrication plants.
BLK is a newly established LED company formed in 2008 by CNT International to accelerate the commercialisation of BluGlass? unique technology in the rapidly expanding Korean marketplace.more
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New Tool For Next-generation Cancer Treatments Using Nanodiamonds.
Beyond the broad research focused on developing these drug-delivery schemes, manufacturing devices to execute the delivery will require the ability to precisely place doses of drug-coated nanomaterials. Ho and colleagues previously developed a polymer patch that could be used to deliver chemotherapy drugs locally to sites where cancerous tumors have been removed. This patch is embedded with a layer of drug-coated nanodiamonds, which moderate the release of the drug. The patch is capable of controlled and sustained low levels of release over a period of months, reducing the need for chemotherapy following the removal of a tumor.
‘An attractive enhancement will be to use the Nanofountain Probe to replace the continuous drug-nanodiamond films currently used in these devices with patterned arrays composed of multiple drugs,’ Ho says.more
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Going Nano.
Because of their sheer small size, nanomaterials can permeate through any barrier and manufacturing processes and product safety tests do not account for such small and reactive particles. Nanoparticles pass through air and water filters, and may even slip undetected into our bodies and into our cells - with unknown effects. Nanopollution is the name given to the waste generated by nanodevices or during the nanomaterials manufacturing process. This kind of waste may be dangerous, again because of its size. Writing in Chain Reaction, Gyorgy Scrinis, a research associate at the Globalism Institute argues that it is not currently possible to ‘precisely predict or control the ecological impacts of the release of these nano-products into the environment.’ Says IIS” Ghosh: ‘noncarcenogenic materials at nanoscales have not posed a serious threat to health and safety, while those which are carcenogenic are to be handled with care anyway.more
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Drop in commodity earnings.
In 2008, Sabah”s manufacturing sector recorded positive growth attributed to an increase in the value of exports of manufactured products from the State as well as the number of approved manufacturing projects. However, this growth slowed down in the first quarter of this year as reflected in the slow-down of the State”s manufacturing sector.
‘In 2008, products exported from Sabah under the various preferential schemes offered by Miti such as the Common Effective Preferential Scheme (SEPT), Generalised System of Preferential Tariff (GSP), the Asean-Korea Free Trade Area and Malaysia-Japan Economic Partnership Agreement, among others, were valued at RM2.86 billion.
‘For Jan-April 2009, total exports under the various schemes were recorded at RM738.1 million compared to RM946.4 million for the same period in 2008.more
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2nd safest in manufacturing.
SINGAPORE has been voted the second-safest manufacturing centre in Asia and fifth safest in the world.
Japan is No. 1 in the world in a consumerperception survey by Singapore-based, Asia-centric research company The Research Pacific Group.
The firm polled 1,752 consumers aged 24 and above in seven Asian cities - namely Singapore, Hong Kong, New Delhi, Tokyo, Kuala Lumpur, Seoul and Shanghai - about their opinions on 11 countries as manufacturing centres.
Respondents were asked to measure the safety of a wide range of products, like “children”s toys, packaged foods, airlines and car accessories”, said Ms Koh Wan Lyn, a senior research analyst at Research Pacific.
The United States, Britain and Australia are world No. 2, No. 3 and No. 4 respectively. Ms Koh said that the poll was “designed to understand consumer attitudes towards a product”s country of origin”.more
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Judge approves Monaco Coach sale.
It had earlier been looking for buyers for its RV manufacturing operations and motorhome resorts business.
On April 27 the company announced it had an accepted an offer from Warrenville, Ill.-based Navistar that includes certain manufacturing facilities in Indiana and Oregon, as well as all brands, intellectual property, inventories, and equipment relating to the company”s motorized and towable recreational vehicle segments.
Navistar (NYSE: NAV) is manufacturer of commercial and military vehicles, as well as diesel engines and related services. It has $15 billion in annual sales and a market cap of $2.4 billion.
Monaco at the time warned that the proceeds of the sale will cover payments to creditors, but it won”t likely result in any additional funds being distributed to shareholders.more
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Software facilitates resource planning for manufacturing..
‘The release of Premier 10 is a landmark for both ProcessPro and the mid-market process manufacturing industry,’ says Joe Blauert, President of ProcessPro. ‘Never before has this market had a more robust, tightly integrated solution for planning, scheduling, and managing its business while seamlessly addressing the needs for lot traceability, recall management, and meeting the requirements of FDA and other industry regulation.’ Premier 10 offers several new features and enhanced functionality; below are just a few: MRP Redesign: MRP has been re-written to allow a single pass MRP along with buyer and planner wizards. Other new features include safety stock and QC lead time additions. Active/Inactive Items: Items may now be flagged as inactive when they are outdated and/or no longer available for sale or production.more
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