OEM News 07/31/2008

July 31, 2008



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Chrysler LLC To Drop Auto Leasing
Chrysler LLC and Chrysler Financial said they have told the company's U.S. dealers that it will move to enhance retail financing incentives and move away from leasing because the industry-wide economic conditions that made leasing popular in the past have changed. Read More

Boeing Begins Final Assembly Of 2nd P-8A Poseidon
Boeing has started final assembly of the second P-8A Poseidon for the U.S. Navy in Renton, Wash. The aircraft, S1, is the program's static test vehicle and will be used to test the airframe's structural strength. Read More

First Littoral Combat Ship Under Way
The first U.S. littoral combat ship, Freedom (LCS 1), put to sea for the first time July 28, marking the beginning of builder's sea trials for the first-in-class coastal surface combatant Read More

PPG To Rename Auto Glass Business
PPG Industries’ automotive glass and services business, which is under contract to be sold to a new company being formed by Kohlberg & Co., LLC, Mount Kisco, N.Y., and PPG, will begin using the name “Pittsburgh Glass Works,” effective Aug. 1, 2008. The newly-formed business will continue using the name following closure of the transaction with Kohlberg & Co. that is expected in the third quarter of this Read More

Lockheed Martin Gets Contract For Flexible Acquisition And Sustainment
Lockheed Martin has received a prime contract under the U.S Air Force's Future Flexible Acquisition & Sustainment Tool. Lockheed Martin was one of twelve companies selected by the Air Force's Warner Robins Air Logistics Center that is eligible to compete for a maximum of $6.9 billion under the new 10-year acquisition contracting program. Read More


Benchmarking at IMTS

American Machinist conducted its third annual Benchmark Survey of American Machine Shops between February and April of this year.

Bruce Vernyi, editor-in-chief of American Machinist, will review the results of this third annual survey, and talk about what the data means and how shops can use the data to make plans for this year's IMTS.

Vernyi also will talk about the program for the Job Shop Day at the IMTS and the speakers that will be featured there.

August 20,2008 at 2:00 pm EST
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American Machinist Presents: Machine Shop Workshop - November 12-14,2008

The only event that focuses on the business side of running a machine shop. Join owners and top managers to explore strategies and improve your business. Register now and save at: Click Here Read More


American Machinist Launches New Internet Forum

The American Machinist Forum is a place to share thoughts, ideas and best practices for machine shops. The focus is on making machine shops competitive, efficient and flexible enough to compete in a global environment. You'll find discussion about manpower, use of automation and technology, creative uses of machine tools and a whole lot more. So sign up and jump in. Click Here

AM Machine Tool Theater

American Machinist Announces Launch Of Machine Tool Theater

American Machinist is pleased to announce the beta launch of Machine Tool Theater at www.machinetooltheater.com. Visit Machine Tool Theater; watch videos about machining and machining equipment. You'll see faster, more precise machines; cutting tools to process virtually any material; finishing technologies; automation systems; quality instruments and manufacturing software. You'll see how to reduce cycle times and increase productivity.Click Here

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