VMEC announces fall workshop schedule

first_imgRANDOLPH CENTER, VT — July 25, 2005 — The Vermont Manufacturing Extension Center (VMEC) Fall Public Workshop Schedule is now available online and registration is open at the VMEC web site (www.vmec.org(link is external)).Some of the workshops Vermont manufacturers can attend this season are Principles of Lean Manufacturing 101, The 5S Visual System, and Office Value Stream Mapping. The workshops will be presented in various locations throughout the state. The workshops schedule is constantly being updated to meet the needs of Vermont manufacturers, so visit the web site for the most up-to-date information.Through a working partnership with the Vermont Training Program of the Department of Economic Development, VMEC is pleased to offer a $125 per person discount to Vermont manufacturers.VMEC is a not-for-profit organization that has been providing consulting and training to Vermont manufacturers since 1996. For more information about VMEC, visit www.vmec.org(link is external) or call (802) 728-1432.###About VMECVMEC’s Mission is “To Improve Manufacturing in Vermont and strengthen the global competitiveness of the state’s smaller manufacturers.” This is done through professional consulting, one-on-one coaching and public/onsite workshops to help Vermont’s approximately 2,000 small and medium sized manufacturers increase their productivity, modernize their manufacturing and business processes, adopt advanced technologies, reduce costs, and improve their competitiveness. Increased competitiveness means greater stability in the state’s work force, improved efficiencies. Visit www.vmec.org(link is external) for more information.last_img read more

Welch calls for extension of first-time homebuyer tax credit

first_imgAt the Essex home of Lindsey and Matt Wignall, Rep. Peter Welch on Tuesday called for a year-long extension of a tax credit that allowed the Wignalls and hundreds of thousands of other middle class families to buy their first home. Welch outlined his support for the First-time Homebuyer Credit Extension Act (H.R. 1993), which would extend a popular and successful program that provides an $8,000 tax credit to families buying their first home. The program has been credited with stabilizing the housing market, creating construction jobs and helping countless families achieve homeownership.Welch called for the extension alongside the Wignall family and Dustin Partlow and Sierra Ouellette – a Burlington couple hoping to take advantage of the credit before it expires November 30. Like families across the country, Partlow and Ouellette are worried they will be unable to afford a new home without the credit.“In this time of economic uncertainty, the First-time Homebuyer Tax Credit has given countless Vermont families support to achieve the dream of homeownership. This tremendously successful program has provided middle class families a much-needed boost while creating construction jobs and boosting the broader economy,” Welch said. “Extending it will ease the uncertainty facing families in the midst of buying a home, and it will help ward off an untimely slump in the housing market.”The First-time Homebuyer Tax Credit – created in July 2008 with the passage of the Housing and Economic Recovery Act – originally capped the credit at $7,500 and required it to be paid back in 15 years. With the passage of the American Recovery and Reinvestment Act in February 2009, the credit was increased to $8,000 and the repayment requirement was waived.H.R. 1993 would extend the credit from November 30, 2009 through December 30, 2010. The bill would also retroactively waive the repayment requirement for those who took advantage of the credit in 2008.According to the Internal Revenue Service, 1.4 million Americans have made use of the credit. Mark Zandy, chief economist for Moody’s Economy.com, said roughly 375,000 of those home purchases would not have taken place without the tax credit.At Tuesday’s event in Essex, a homebuilder, a real estate professional and a banking official discussed the effect the credit has had on creating jobs, restoring the housing market and stimulating the economy. Chris Snyder, executive vice president of Snyder Homes, Leslee McKenzie, president and owner of Hickock and Boardman Real Estate, and Chris D’Elia, President of the Vermont Bankers Association, all spoke in support of extending the tax credit. Source: Welch’s office. 10.6.2009# # #last_img read more

Government Data: Americans Love Outdoor Recreation

first_imgToday, for the first time ever, outdoor recreation’s contributions are being counted as a unique part of United States gross domestic product (GDP). The Bureau of Economic Analysis (BEA) released a preliminary look at United States GDP outputs from outdoor recreation. The analysis shows that growth in the outdoor industry continues to outpace growth of the economy as a whole and accounts for over 2 percent of the entire United States GDP.The BEA prototype estimate finds that outdoor recreation contributed over $673 billion toward total U.S. gross output, which is the total value of domestic goods and services produced by an industry. This supports the $887 billion that consumers spend annually on outdoor recreation and confirms the national importance of investments in recreation funding and infrastructure. Importantly, this prototype estimate paints a clear picture that recreation is an important sector of the U.S. economy and that Americans’ desire to recreate outside is growing.“While this is just the prototype estimate, and there will likely be changes here and there, we are extremely excited that outdoor recreation is now counted as an official U.S. industry and a major contributor to the U.S. economy — this further validates our broad and growing economic impact,” said Amy Roberts, executive director of Outdoor Industry Association. “We look forward to working with the Bureau of Economic Analysis over the next several months to include key criteria that will capture all the various ways outdoor recreation is an economic generator — whether one recreates close to home or travels across the country.”For more information, read this FAQ.last_img read more

Latin America Prioritizes Aid to Rebuild Haiti

first_imgBy Dialogo April 03, 2012 The 2010 earthquake in Haiti left around 250,000 dead and caused serious damage to productive infrastructure, while 1.5 million people are still living in camps. “It’s not an issue of resources; of course, resources are necessary, but Haiti could perhaps be an example of the difficulties of coordinating emergency programs,” the official indicated at a press conference at the conclusion of the 32nd FAO Conference for Latin America and the Caribbean. The FAO director said that the Latin American countries will focus their activities on coordinating existing programs, together with the Caribbean nation’s Government, more than on dedicating financial resources. “The countries decided that Haiti is not only an emergency problem; it’s a national reconstruction problem, one of rebuilding its productive capacity in order to implement a medium-term and long-term program that can ensure peace in that region,” Food and Agriculture Organization (FAO) Director-General José Graziano da Silva, a Brazilian, said at a press conference. The next regional meeting will be held in Chile in 2014. “Each one goes there with his little flag and wants to do his own thing, and the result is that the contributions don’t make a difference,” Graziano da Silva vividly explained at the conclusion of the five-day meeting focused on food security. The official reiterated that Latin American and Caribbean Governments reaffirmed at the Buenos Aires meeting their commitment to eradicate hunger before 2025, and he indicated that the region is the first to set that objective for itself. center_img The meeting in the Argentine capital was attended by 18 ministers and 37 deputy ministers from 32 countries in the region, among a total of 299 participants. In this regard, he said that increasing food production and supply “is vital in order to eradicate hunger.” Graziano da Silva had noted during the conference “the need to increase food production at the global level by 70 percent, in order to feed a population that will reach 9 billion people in 2050.” High-ranking officials from 32 countries in Latin America and the Caribbean, gathered at an FAO regional conference in Buenos Aires, to prioritize aid for rebuilding the devastations in Haiti that were caused by a killer earthquake in 2010, the head of that United Nations organization said. In Buenos Aires, Argentina assumed the role of FAO regional conference chair for the next two years. The FAO carried out projects worth almost 40 million dollars in Haiti in 2010-2011, especially in reforestation plans and in order to optimize resources coming from the European Union. last_img read more

Labour isn’t working out how the land market works

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Coming clean

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Making guarantees to young pension participants ‘unaffordable’ – DNB

first_imgDuring the interview, Knot suggested that offering fewer guarantees could “create space” for pension funds to increase investment risk.“If they promised less certainty, pension funds could increase their investment risk and be more likely to deliver better returns,” he said.He said pension funds should be given “leeway” for just such an investment policy, adding that a guarantee should be given only to older participants “who need to know what they can expect at retirement age”.The regulator’s recognition of the problems facing the Dutch pension system echoed similar statements made recently by Gerard Riemen, head of the Dutch Pensions Federation.Last week, Riemen advocated a new collective defined contribution (CDC) system and argued that an “indication” about a future pension level should replace the current defined benefit promise of a “certain” pension.“We should tell a 55 year old how much his currently accrued pensions assets are likely to deliver in future benefits,” he said.“However, the honest answer to a 35 year old should be that we can’t properly estimate the future pension yet.” Klaas Knot, president at the Dutch financial regulator (DNB), has conceded that the country’s pensions funds can no longer guarantee younger participants their future pensions.Speaking on the ‘Buitenhof’ TV programme over the weekend, Knot concluded that guarantees should be limited to older participants.“Offering guarantees to a participant who has just started paying contributions is over the top,” he said.“Due to the huge cost of providing certainty, [in light of] low interest rates and an ageing population, we simply can no longer afford this.”last_img read more

Reliance confirms MA field shut down due to natural decline

first_imgIndia’s oil company Reliance Industries has confirmed that the MA field ceased production on September 17, 2018, due to natural decline.This was first revealed earlier this week by Ocean Yield, the owner of the FPSO Dhirubhai-1 which had operated on the field. Reliance had the option to buy the FPSO following the expiry of a ten-year contract but decided not to exercise it. The contract expired on Wednesday, September 19, 2018.The MA field located off the East Coast of India in Block KG-DWN-98/3 (KGD6) is operated by Reliance with a 60% interest. Its partners are BP with a 30% interest and Niko Resources with the remaining 10% interest.Confirming the cessation of production from the MA field, Reliance said on Friday that post-cessation activities related to the field shutdown are underway.According to the Indian company, production from the field had been under natural decline and facing continuous challenges due to high water production and sand ingress. The field has cumulatively produced about 0.53 TCF of Gas and 31.4 Million Barrel of Oil & Condensate and had no remaining reserves.For the fist quarter of FY19, MA field contributed less than 0.1% in terms of revenue at Reliance consolidated level, the oil company said.The Dhirubhai – 26 (D26), oil, gas and condensate deep water discovery was made in 2006. The discovery was developed and put on production in September 2008. This was India’s first deep water development (water depth up to 1,250 meters), with seven wells tied back through a subsea production system to a purpose built, state of the art disconnectable turret moored FPSO production unit.Reliance also said that relevant governmental agencies have already been informed.When it comes to the FPSO’s future and employment opportunity outside India, Ocean Yield said earlier this week it had been awarded a Front End Engineering Design (FEED) study for the potential use of the FPSO. The study is estimated to be completed during 4Q 2018.Meanwhile, Ocean Yield will consider recording an impairment related to the FPSO in 3Q 2018 between $0-50 million.Offshore Energy Today Stafflast_img read more

Tokyo governor says cancelling Olympics ‘unthinkable’

first_img Read Also: Champions League: Barcelona vs Napoli could be postponed “The coronavirus has become a global problem. We can’t just hold it (the Olympics) because Japan is OK,” he told the daily on Wednesday. Takahashi said the summer two years from now “offers the best possibility” for a postponement, given the international sporting calendar, adding that “preparation must start now” if a delay is on the cards. He insisted that it would be “impossible” to cancel the Games altogether, and said he was speaking out as “a warning bell” for the organising committee, adding that he would raise the issue at a board meeting later this month. FacebookTwitterWhatsAppEmail分享 The torch is due to arrive in Japan on March 20 but the arrival ceremony has also been downscaled, with some 200 children originally scheduled to attend now expected to miss it. Olympic qualifying tournaments in several different sports have also been cancelled, postponed or moved to different countries. Tokyo 2020 president Yoshiro Mori said on Wednesday that the Games would go ahead as scheduled although he admitted organisers are “concerned” about the virus, which has infected 124,000 people with 4,500 deaths. Mori made the comments after a member of the organisers’ executive board sounded the alarm, warning postponing the Games for two years might be the best option under the circumstances. But Mori dismissed that option, as did Japanese Olympic minister Seiko Hashimoto, who told a parliament committee that postponing or cancelling the Games was “inconceivable”. Executive board member Haruyuki Takahashi had told Japan’s Asahi Shimbun daily it would be ideal to hold the Olympics as planned but “there has to be an alternative plan”. Cancelling the 2020 Olympics is “unthinkable” although the classification of the coronavirus as a pandemic will likely have some impact on the Games, the Tokyo city governor said on Thursday. There are increasing doubts over whether the Games can be held “It can’t be said that the announcement of a pandemic would have no impact… But I think cancellation is unthinkable,” Yuriko Koike told reporters. Doubts are increasingly being raised over whether the Olympics can be held as scheduled from July 24 to August 9. Organisers have insisted the Games will go ahead as planned and the International Olympic Committee (IOC), with whom the final decision rests, has said there has not yet been any talk of cancellation or postponement. The IOC has said it will coordinate closely with the World Health Organization, which has now officially classified the outbreak as a pandemic. Koike vowed to work with the IOC and Tokyo 2020 organisers on what she described as a “global issue”, promising to devote her “utmost efforts” to holding the Games. But coronavirus has already taken a huge toll on sport across the globe with a long list of competitions affected. US basketball was the latest sport to be hit, as the NBA said it would suspend the season starting on Thursday after a preliminary test on a Utah Jazz player came back positive for COVID-19. In Italy, the hardest-hit European country, all sporting events including Serie A football have been suspended until April 3. Arsenal’s game at Manchester City on Wednesday was the first Premier League football fixture to be called off, while Champions League matches have been played behind closed doors and Indian Wells, one of the biggest events of the tennis season, was cancelled. – ‘Global problem’ – Coronavirus has already had some impact on the Games, as the traditional flame-lighting ceremony in Olympia, Greece, is expected to be held without spectators after dozens tested positive for the virus nearby. Loading… Promoted ContentFantastic-Looking (and Probably Delicious) Bread ArtWho Is The Most Powerful Woman On Earth?8 Best 1980s High Tech Gadgets8 Superfoods For Growing Hair Back And Stimulating Its GrowthBest Car Manufacturers In The WorldWho Earns More Than Ronaldo?9 Best Movie Robots Of All Time2020 Tattoo Trends: Here’s What You’ll See This Year5 Of The World’s Most Unique Theme ParksThe Models Of Paintings Whom The Artists Were Madly In Love WithDid You Notice How Natural Simba’s Movements Looked In The Movie?6 Extreme Facts About Hurricaneslast_img read more

Kay wins Iron Man on opening night of Liberty 100

first_imgWEST LIBERTY, Iowa (Sept. 4) – Justin Kay proved up to the challenge on opening night of the Liberty 100 Weekend at West Liberty Raceway.Kay led the last 12 laps in winning Friday’s Ideal Ready Mix Iron Man Challenge, open to all Deery Brothers Summer Series drivers with perfect attendance this season and all former IMCA Late Model tour champions.The victory paid $1,000.Darrel DeFrance led the first two of 20 circuits from the pole. Joe Zrostlik led lap three, then Jeff Aikey enjoyed the view from the front for four trips around the track before the seventh starting Kay sped by.Aikey, Tyler Droste, Ray Guss Jr.  and Zrostlik completed the top five.Winners of eight heats are in the redraw for the Saturday, Sept. 5 $3,000 to win Deery main event.Kevin Kile, Denny Eckrich, series point leader Kay and Tyler Bruening won the first four heats. Fields were then inverted and John Emerson, Droste, Nick Marolf and Aikey prevailed in heats five through eight.“B” races on Saturday plus provisionals will complete the starting grid. A second 50-lap feature for the regular Deery purse, but no points, plus features for Xtreme Motor Sports IMCA Modifieds, IMCA Sunoco Stock Cars, Karl Chevrolet Northern SportMods and Mach-1 Sport Compacts are also on tomorrow night’s card.Drivers who finished on the lead lap of the first Late Model feature will be inverted to determine starting positions for the second.Pit gates open at 2:30 p.m., the grandstand opens at 4 p.m. and racing follows 6 p.m. hot laps.Spectator admission is $25 for adults and $20 for students ages 13-18. Kids 12 and under get in free when accompanying a paid adult and pit passes are $30.Iron Man Challenge results – 1. Justin Kay, Wheatland; 2. Jeff Aikey, Cedar Falls; 3. Tyler Droste, Waterloo; 4. Ray Guss Jr., Milan, Ill.; 5. Joe Zrostlik, Long Grove; 6. Scott Fitzpatrick, Wheatland; 7. Brian Harris, Davenport; 8. Andy Nezworski, Buffalo; 9. Darrel DeFrance, Marshalltown; 10. Joel Callahan, Dubuque; 11. Todd Malmstrom, Silvis, Ill.; 12. Jay Johnson, West Burlington; 13. Gary Webb, Blue Grass; 14. Ryan Dolan, Lisbon.last_img read more