Posts for April 5, 2011

UMA MEMBERS IN THE NEWS:

SAVE THE DATE: GOLF FOR GRANTS ON JUNE 8 -- EAGLEWOOD GOLF COURSE Jeff Edwards, President and CEO, EDCUtah (EDCUtah is a UMA member company) Don't miss your opportunity to participate in EDCUtah's annual golf tournament. Golf for Grants helps fund EDCUtah's matching grants program every year {read more} BLACK DIAMOND APPOINTS BILL KULCZYCKI AS VICE PRESIDENT AND GENERAL MANAGER OF GREGORY MOUNTAIN PRODUCTS Market Wire (Black Diamond, Inc. is a UMA Member Company) Black Diamond, Inc., a leading provider of outdoor recreation equipment and active lifestyle products, has appointed Bill Kulczycki as vice president and general manager of its Gregory Mountain Products division. {read more}

UMA PRESIDENT SPEAKS AT BILL SIGNING FOR TOOELE APPLIED TECH COLLEGE

UMA President, who chairs the board of directors at the new Tooele Applied Technology College shared the podium with Governor Gary Herbert last week before he signed the bill that will fund the new building to house the TATC and its programs. The new structure is a long overdue addition to Tooele County and is a cooperative effort among virtually every entity in Tooele County. Bingham also appeared at the signing in his capacity as Chairman of the Board of Trustees for the Utah College of Applied Technology, overseeing all eight campuses across the state. TATC president Scott Snelson has done an outstanding job building this fledgling campus in Tooele. Now with a building to be started soon, his efforts will really show exceptional progress.

CHINESE WORKERS SPURN JOBS

Today in Manufacturing Despite wage hikes, labor shortages worsen as workers spurn repetitive and unskilled jobs that earned China its reputation as world's low-cost factory floor ... continue

OECD: U.S. ECONOMIC OUTLOOK IMPROVES

Today in Manufacturing Outlook for economic growth in U.S. and other major economies has brightened and should hit an annual rate of 3 percent in first half of 2011, OECD said ... continue

IRAN: NO EMERGENCY OPEC MEETING

Today in Manufacturing Iran's OPEC governor dismissed the possibility of holding an emergency meeting, arguing that the surge in prices was linked to factors over which the group had no control ... continue

BIG VICTORY! 1099 REPEAL LEGISLATION HEADED TO THE PRESIDENT

National Association of Manufacturers Today the Senate passed the “Small Business Paperwork Mandate Elimination Act,” H.R. 4, without amendment, by a vote of 87 to 12. The House passed the identical bill, H.R. 4, last month. The Menendez amendment, which would have required a study of the revenue offset in H.R. 4 before repeal of the 1099 reporting requirement could go into effect, failed by a vote of 41 to 58. H.R. 4 will be sent soon to the President who is expected to sign it into law.

JEFF THREDGOLD’S “TEA LEAF” HIGHLIGHTS "JOBS JUMP"

American employment gains were solid in March for the second consecutive month, providing more evidence to support the moderate U.S. economic growth story. Even stronger job gains could be on the horizon as major companies have largely exhausted productivity gains with prior employment levels. The U.S. economy added 216,000 net new jobs during March, slightly stronger than the consensus forecast of a 190,000 job gain. Private-sector job gains totaled 230,000 in March, after a revised gain of 240,000 private-sector jobs in February. The two-month rise was the largest in five years. Please enjoy the rest of the Tea Leaf: http://www.thredgold.com/tea-leaf/