Friday, May 4, 2012

April 26, 2012


Applications jumped sharply three weeks ago, a sign that employers had stepped up layoffs and added fewer jobs … continue


"Honeywell International Inc. has discovered a one-step process to convert household natural gas into a plastics raw material." The new "technology in time could ease a glut of natural gas from US shale drilling; lower the cost of products ranging from soda bottles to paint; and give Honeywell a steady profit stream from licensing the technique in the $150 billion plastics raw-material industry." The one-step "process would allow companies to make ethylene -- the substance from which plastic and other materials are created -- from methane, commonly known as natural gas."

Appreciating and showcasing the “wonderful spirit of innovation coming out of Utah” is the main goal of the Utah Genius Awards,...
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(Note: UMA congratulates all the recipients of the Utah Genius Awards – We are particularly proud of our many UMA companies honored last night, including: 3form, Autoliv ASP, Icon IP, Lifetime Products, Merit Medical Systems, Mity-Lite, Inc., Provo Craft and Novelty, Ultradent Products, Inc., Won-Door Corporation, Orbit Irrigation Products, Inc., and Zions Bank Corp.)


Quick Manufacturing News
Slow aircraft orders contribute to 4.2% drop from February.

Quick Manufacturing News

Overall new business volume in March for the $628 billion equipment finance sector was $6.8 billion, up 10% from volume of $6.2 billion in the same period in 2011, according to the Equipment Leasing and Finance Association.

UTAH TAXPAYERS ANNOUNCE 33rd ANNUAL CONFERENCE—INVITE UMA MEMBERS
The Utah Taxpayers Association will host its 33rd annual “Utah Taxes Now” conference on Tuesday, May 21, 2012 at the Little America Hotel.
Governor Gary Herbert, Attorney General Mark Shurtleff, Representative Jim Matheson and numerous other legislators, policy experts and community leaders will cover a broad range of tax issues, including the structure of Utah's income, sales and property taxes; transportation funding in a world of ever increasing mileage; and education reform.
Utah Manufacturers Association members may be particularly interested in the discussion on what the long term implications of ever increasing automobile fuel efficiency will and should be on state and local transportation funding, and what impact some proposed property tax shifts have on Utah's economy.
In addition to the conference, there will also be a luncheon which will be held at noon in the Grand Ballroom of the Little America Hotel.
With many members of the House and Senate leadership present and speaking, it should offer some insights as to what to expect in the coming session(s).
Registration is still open for the conference, which runs from 8:00 a.m. through 2:00 p.m. The Taxpayers Association is pleased to offer a discount registration rate of $100 to UMA members. 4 hours of CPE and 3.5 hours of CLE credit are available. A Tentative Agenda is attached.
If you wish to attend, go to www.utahtaxpayers.org, and click “Register for upcoming events.” You can also register by contacting the Taxpayers Association at 801.972.8814 or sophie@utahtaxpayers.org.   
 

Thirty-seven percent of decision makers cited labor costs, product quality, and ease of doing business as primary motivators...   continue

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