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January 25, 2013
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

  Top Story 
  Industry Buzz 
  • Stanley Black & Decker sales rise 8% for FY 2012
    Sales at Stanley Black & Decker rose 4% in the fourth quarter of fiscal year 2012 and increased 8% for the year. However, net income for the quarter fell 14%, from $153.3 million in the same quarter last year to $130.5 million this quarter. The firm plans to double its business in developing markets by 2015, with plans to hire about 1,000 workers in those regions. The Hartford Courant (Conn.) (1/24), Reuters (1/24) LinkedInFacebookTwitterEmail this Story
  • It's getting easier to convert mowers to run on propane
    More U.S. landscapers are turning to propane to curb emissions and reduce operating costs as the process of converting mowers to propane becomes easier, more accessible and more beneficial to them. MetroLawn, which provides propane conversion kits, has partnered with AmeriGas to provide technical assistance to their clients as well as a steady supply of propane for their operations. The Propane Education & Research Council also provides up to $1,000 in incentives under its Propane Mower Incentive Program for landscapers who will purchase propane-powered mowers or convert mowers to run on propane. Turf magazine (1/2013) LinkedInFacebookTwitterEmail this Story
  Economic Indicators 
  • Factory, economy and jobs figures all add up to resurgent U.S.
    Read full story  
    A January purchasing managers index from Markit, a Conference Board leading indicator for the coming three to six months and jobless-benefit applications last week all pointed decisively Thursday toward a stronger U.S. economy. Meanwhile, the U.S. Federal Reserve is expected to extend its bond buying at its meeting next week as it looks for still-stronger signals on U.S. employment. Reuters (1/24), Bloomberg (1/24), Bloomberg (1/24) LinkedInFacebookTwitterEmail this Story

  Inside & Out 
  • Times when technology isn't the answer
    Technology can be an important part of doing business, but it can't fix every issue you encounter, writes Chris Brahm of Bain & Company. There may be underlying problems with your organization if meetings frequently fail to produce results or if it takes a long time to make decisions, he writes. "If your company's critical decisions have stalled amid an endless cycle of data collection and debate, overly complex processes may be to blame." Forbes (1/22) LinkedInFacebookTwitterEmail this Story
  • How effective storytelling drives the sales process
    The best salespeople tend to be talented storytellers who can use anecdotes to illustrate how customers could benefit from using your company's services or buying its products, writes Bob Apollo. It's a good idea to have salespeople share stories with one another and to coach them about how to properly relay these anecdotes to customers, he adds. (U.K.) (1/23) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • 2 bills aim to restrict sale of ethanol fuel in Maine
    A pair of bills in Maine aim to eliminate or reduce the amount of ethanol in gasoline in the state. The first bill would reduce ethanol content in gasoline from 10% to 5%, while the second would create a coalition with other New England states to import ethanol-free fuel. "Ethanol doesn't like small engines; it doesn't like fuel lines, chainsaws, weed whackers, anything with fuel lines," said state Rep. Jeff Timberlake, who introduced the bills. Sun Journal (Lewiston, Maine) (1/24) LinkedInFacebookTwitterEmail this Story
  • Flaming fondue causes chaos in Norway
    A truck carrying 27 metric tons of brown cheese burst into flames last week, and the resulting conflagration blocked a Norwegian traffic tunnel for nearly a week before firefighters were able to control the blaze. Brown cheese's "high concentration of fat and sugar is almost like petrol if it gets hot enough," said policeman Viggo Berg. Reuters (1/22), BBC (1/22) LinkedInFacebookTwitterEmail this Story
  OPEI News 
  • Outdoor Power Report: A quarterly update for OPEI members
    OPEI's quarterly summary of issues and activities is now available. Read the report. LinkedInFacebookTwitterEmail this Story
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Austrian writer

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