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Lockheed Cuts F-35 Part Cost by 30 Percent with 5ME Cryogenic Machining System

2015-12-02 11:31:10| Industrial Newsroom - All News for Today

Leading aerospace OEM acquires an Okuma horizontal machining center with patented cryogenic machining system and increases cutting speeds by 52 percent with improved surface integrity and part quality, estimates a 30 percent cost reduction for large titanium airframe components. Lockheed Martin has acquired an...

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Experts say accurate Clean Power Plan cost estimate won't arrive for years

2015-12-01 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

ClimateWire: Interest groups recently have rolled out a proliferating number of price tags for the Obama administration's new limits on power plant carbon emissions. The estimates are often vastly different -- some call the rule affordable; others determine it will be costly. Nonetheless, they are already ammunition for politicians debating the Clean Power Plan on both sides of the aisle. For example, an analysis backed by the American Coalition for Clean Coal Electricity found the energy sector will spend...

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VW identifies a 1.9bn in cost savings to offset fines

2015-11-29 15:01:50| Automakers - Topix.net

Volkswagen AG has identified about a 1.9bn in savings at its namesake car brand to help offset fines and recalls stemming from the manipulation of vehicle emissions. The VW brand, the carmaker's largest unit, plans to reduce variants and trim options to reduce complexity and cost, top worker representative Bernd Osterloh said on Friday in a briefing with journalists at Volkswagen's headquarters in Wolfsburg, Germany.

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UN counts climates human cost

2015-11-27 09:45:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate News Network: In the 20 years since the first UN conference on climate change, weather-related disasters have claimed 606,000 human lives, damaged or destroyed 87 million homes, and injured, displaced or left helpless a total of 4.1 billion people. A new study from the UN Office for Disaster Risk Reduction (UNISDR) demonstrates that 90 percent of all disasters are now weather-related. And the average of 335 weather-related disasters per year in the last 10 years is twice that recorded between 1985 and 1995. ...

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Fonterra says farmer loan support package will cost $390mln

2015-11-27 03:36:49| Food - Topix.net

Fonterra Cooperative Group, the world's largest dairy exporter, has said the cost of its loan support package to farmers struggling with a low dairy payout will be $390 million. Speaking at the Fonterra Shareholders' Fund annual meeting in Auckland today, chief financial officer Lukas Paravicini reassured unit-holders that the loan package made no difference to shareholders' dividends because it would be repaid over time.

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