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.”
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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Die Casting – Shaping America’s Future
America’s most fundamental industry, metal casting, continues to play a critical role in the success of U.S. manufacturing through the production of high quality castings and support of key industry sectors. In fact, castings are used in 90% of all finished manufactured products.
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