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October 10, 2012
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

  Top Story 
 
Vanguard Power Code Helps In-field Operators
Vanguard Power Code, a square barcode located on Vanguard single-cylinder and V-twin engines, directs equipment operators to an array of important information for that specific engine model after being scanned with a smart phone’s barcode reader.
  Industry Buzz 
 
  • Stanley Black & Decker sells lock-and-fixture unit for $1.4 billion
    Stanley Black & Decker has agreed to sell its unit in door locks and bath fixtures to Spectrum Brands Holdings for $1.4 billion. Stanley Black & Decker is also in talks to acquire Infastech, a maker of engineered mechanical fasteners in Singapore, in a deal worth $850 million. Reuters (10/9) LinkedInFacebookTwitterEmail this Story
  • East Penn plans to build facility for battery production
    East Penn Manufacturing will build a production facility for industrial and automotive batteries at its campus in Berks County, Pa. Construction is expected to cost $80 million to $100 million, with more than 300 jobs created after the site's scheduled 2015 opening, said Graham Anderson, a company vice president. Reading Eagle Press (Pa.) (10/10) LinkedInFacebookTwitterEmail this Story
Find the Perfect Service for Your Needs in Canada
Whether you're shipping packages, freight, or both, there's a FedEx® service to fit your specific budget and distribution needs. Do you need it there tomorrow? Are savings more important than speed? Use this simple chart to decide which service is best for your particular situation.

  Economic Indicators 
  • Small-business optimism nearly unchanged, report says
    Optimism by small-business owners declined 0.1% in September compared with the previous month, the National Federation of Independent Business reports. "[O]wners are in maintenance mode; spending only when necessary and not hiring, expanding or ordering more inventories until the future becomes more 'certain,' " said William Dunkelberg, NFIB's chief economist. The Hill/On the Money blog (10/9) LinkedInFacebookTwitterEmail this Story
  • Refinances spike in wake of QE3 announcement
    In the weeks since Federal Reserve Chairman Ben Bernanke announced plans to buy mortgage-backed securities, interest rates have fallen to record lows, and refinance applications have skyrocketed. Cash-outs, the trend in the housing heyday, are all but nonexistent; instead, borrowers are shortening the term on their mortgages, paying extra to lower their principal or keeping their balance the same. Bloomberg Businessweek (10/9) LinkedInFacebookTwitterEmail this Story
FEATURED VIDEO: The Traits of Very Successful Leaders
Someone who is a good leader knows how to get work done, but a great leader is someone who inspires employees to do their best all the time. Linda Rottenberg, the co-founder and CEO of Endeavor, tells us about some common traits among successful leaders. Watch the video now.

  Inside & Out 
  • How to streamline your organization
    Nearly every firm could stand to shed some of its flab, efficiency consultant Andrew Jensen says. Better training and organization can help, but the real key is to carefully monitor costs for signs of waste. "I encourage business owners to evaluate, evaluate, evaluate," Jensen says. Entrepreneur online/The Daily Dose blog (10/9) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  OPEI News 
  • EPA to speak at GIE+EXPO
    On behalf of OPEI, we are delighted to announce Glenn Passavant and Philip Carlson, EPA Office of Transportation and Air Quality, as featured speakers on Oct. 26. Glenn and Philip will be featured speakers at our 10 a.m. Workshop, to be held in Room C-202, at the Kentucky Exposition Center. They will be speaking on topics of immediate interest and importance to the OPE industry. There will be time allowed for open Q-and-A at the end of the presentation. LinkedInFacebookTwitterEmail this Story
  • CPSC to speak at GIE+EXPO
    On behalf of OPEI, we are delighted to announce Janet Buyer, CPSC Division of Combustion and Fire Sciences, Directorate for Engineering Sciences, as a featured speaker on Oct. 26. Buyer will be a featured speaker at our 1 p.m. Workshop, to be held in Room C-202, at the Kentucky Exposition. Buyer will make a presentation on the CPSC’s recently released staff report "Technology Demonstration of a Prototype Low Carbon Monoxide Emission Portable Generator." LinkedInFacebookTwitterEmail this Story
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  SmartQuote 
No need to hurry. No need to sparkle. No need to be anyone but oneself."
--Virginia Woolf,
British writer


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