Walker Die Casting, the epitome of the Lewisburg Business Park manufacturers, is installing two energy efficient furnaces, the company president and city electric system manager said Monday when asked about a Tennessee Valley Authority program.
“Over a period of time, it will save them a chunk of money,” Lewisburg Electric Service General Manager Richard Turner said while responding to questions about TVA’s EnergyRight Solutions for Business and Industry. “They will be reimbursed by saving the energy every month.”
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Pivot Bearing Insert allows Die Cast Hinges
The Pivot Bearing Insert (PBI) is a revolutionary new die casting invention that allows movable linkages (e.g. hinges or joints) to be made entirely in a single die casting step.Before the PBI, it was not possible to create movable hinges by simple die casting.
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Natural Gas Falls On Concerns Stockpiles More Than Adequate To Meet Demand
Bloomberg News (10/18, Buurma) reports natural gas prices “dropped for the first time in three days in New York on speculation that stockpiles will approach a record before winter heating demand reduces inventories.” Natural gas for November delivery lost 1.5 cents, or 0.4 percent, to settle at $3.688 per million British thermal units on the New York Mercantile Exchange. Futures fell “as an Energy Department report last week showed that US stockpiles climbed by 112 billion cubic feet in the week ended Oct. 7, more than a five- year average gain of 72 billion. Supplies may rise to 3.77 trillion at the end of October, according to the department, near a record 3.84 trillion last November, Bloomberg data show.”
According to the Dow Jones Newswires (10/18, Berthelsen, Subscription Publication), futures settled lower Monday as a rally driven by traders covering short positions slowed down.
Reuters (10/18, Silha) also covers this storyng and are traditionally among the hardest manufacturing jobs to find existing talent to fill.”