In Milwaukee, Master Lock and Obama talk about jobs
When the President of the United States visits a factory, that’s news. But there was even more to President Obama’s trip to Master Lock’s Milwaukee plant — there was talk of jobs.
After recognizing Master Lock several times in recent months for moving some jobs from China back to the United States, President Obama visited Milwaukee last week led a discussion on jobs and the economy.
"It was an honor to host President Obama in Milwaukee and to give him a first-hand look at the jobs that Master Lock has returned to the U.S.," said John Heppner, Master Lock president and CEO. "As an American manufacturing company, we are proud of our efforts to insource jobs and look forward to further helping improve the climate for U.S. manufacturing through continued dialogue with the government, educational institutions and fellow businesses."
Master Lock has brought back from overseas about 100 union jobs to its Milwaukee factory, the company said.
Heppner was part of a White House forum held in January, a forum during which he alluded to the challenge of skilled labor in North America. "The number of young people exposed to skilled labor trades through education or family and friends is declining while our current skilled labor workforce is aging," he said.
The company said it is partnering with local technical colleges and universities to promote and courage skilled labor training.
Also, the supply chain structure in North America needs innovation, Heppner stressed during the forum. "We will continue to explore opportunities to improve efficiencies and productivity, resulting in additional skilled labor jobs in the future," Heppner said.
Master Lock’s decision to bring jobs back to the U.S. was partially motivated by economic reasons related to increasingly higher labor and logistics costs in Asia, and ongoing labor availability challenges — especially in the coastal areas of China, the company said.
Nice, the President is all
Nice, the President is all worked up over 100 "union" jobs, yet refuses to approve the Keystone pipe line which would create an estimated 20,000 + and lower dependency on imported oil. I guess this is what the press refers (as well as Mr. Yun, see previous article on housing starts)to as "sustained job creation." Don't get me wrong I applaud Master Lock, just marvel at the hypocrisy of the current regime.
NAHB likes “solid” growth from January report
The National Association of Home Builders (NAHB) is encouraged by the second-best pace of overall housing production since October 2008.
Housing starts increased to a seasonally adjusted annual rate of 699,000 in Januray, according to the latest report from the Deparment of Commerce.
The "solid housing starts report indicates that builders are putting more of their crews back to work, and adds to the growing field of evidence that the overall housing market is gradually but consistently moving in the right direction,” said Barry Rutenberg, chairman of the NAHB and a home builder from Gainesville, Fla.
The NAHB’s David Crowe, chief economist, said: “The fact that the three-month moving average for housing starts has now increased for nine consecutive months and is approaching the 700,000 mark for the first time since October of 2008 is indicative of a solid recovery in housing activity stemming from recent firming in employment and consumer confidence measures. That said, housing production is still far from what would be considered normal in a healthy market, and many challenges remain for home builders in terms of tight credit conditions, difficult appraisals and the continued flow of foreclosed properties on the market – all of which are certainly slowing the pace of improvement in both housing and the overall economy.”
Following significant upward revisions reported for both November and December, single-family starts held virtually flat in January with a 1.0 percent decline to a 508,000-unit rate. Together with the revised December number, this is the best pace of single-family starts since April of 2010, when the home buyer tax credit was active.
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Hyde Tools enhances glass scrapers
Southbridge, Mass.-based Hyde Tools introduced three new Hyde glass scrapers with a new look and new functionality.
The high end of these offerings is a retractable, soft-grip glass scraper with built-in storage for removing coatings, paint and stickers from glass, mirrors or windshields. The rubberized body provides a safe, comfortable grip. Tucked into the tool is convenient storage for up to five razor blades.
Two additional scrapers being introduced also feature blade storage. These include:
• A new mini-scraper with easy blade change and storage for five blades; and
• A new 4” glass and wall scraper with quick blade change feature and in-handle blade storage for five blades. This item includes a reversible blade: One side scrapes, the other shaves.
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