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Domestic car sales will shrink, imported cars will flourish: research

2016-01-03 13:26:22| Auto Dealers - Topix.net

Reflecting global economic woes, the Korean car market is expected to shrink this year, but with robust sales in the sport utility vehicle sector, a local think tank has suggested. "This year, a total of 1.76 million units of cars are expected to be sold in Korea, which is about 3.1 percent down from 1.82 million in 2015," said Park Hong-jae, chief of the Korea Automotive Research Institute.

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NTMA's NRL works with LoSasso to shrink manufacturing skills gap.

2015-12-15 14:31:09| Industrial Newsroom - All News for Today

Web-based tools unveiled by LoSasso Integrated Marketing at National Tooling and Machining Association’s (NTMA) fall conference will help member companies build local talent pipeline through National Robotics League (NRL). This work came about due to $25,000 of donated marketing services. While many nominations for organizations around the country were received, LoSasso employees voted and chose NRL as winner in part due to its history in manufacturing and metalworking industries.

Tags: works skills manufacturing gap

 
 

Oil Tycoon Pickens' Holdings Shrink in Prolonged Downturn

2015-11-17 18:48:13| Oil & Gas - Topix.net

The value of energy stocks held by his Dallas-based TBP Investments Management LLC fell by more than half in the quarter to $35.6 million, according to data compiled by Bloomberg. TBP exited stakes in 13 companies, including smaller oilfield contractors Pioneer Energy Services Corp., C&J Energy Services Ltd. and Patterson-UTI Energy Inc. Many of the positions Pickens sold were stakes he had bought in the second quarter.

Tags: oil holdings prolonged shrink

 

Crescent Industries Helps Customers Understand the Causes of Shrink and Warp in Plastic Injection Molding

2015-11-13 11:31:09| Industrial Newsroom - All News for Today

In order to understand the causes of shrink and warp in custom plastic injection molding, it is essential to comprehend what shrinkage is. Shrinkage is a reduction in size of the molded part as it cools. All injection molded parts shrink, but they do this by different degrees. The amount of shrinkage needs to be...

Tags: understand customers helps industries

 

Chevron cutting up to 7,000 jobs as oil profits shrink

2015-10-31 08:20:35| Oil & Gas - Topix.net

Chevron is cutting up to 7,000 jobs, or 11 percent of its workforce, the latest indication of the toll that low oil prices are taking on the industry. The two biggest U.S. oil companies reported huge profits for the third quarter.

Tags: jobs oil cutting profits

 

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