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November 28, 2012
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

  Top Story 
  • Equipment-loan origination reached $7.6 billion in October
    Companies secured $7.6 billion in loans, leases and lines of credit last month for equipment, according to ELFA. The total was 7% less than September's but 27% more compared with October 2011. "There is still demand for equipment across a wide spectrum of the economy," ELFA President and CEO William G. Sutton said. Reuters (11/26) LinkedInFacebookTwitterEmail this 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 
  • How to select a shredder or chipper for your landscaping needs
    To select the appropriate shredder or chipper for the work you do, consider the features that each machine has to offer, writes Frank Watson, an extension agent from the University of Georgia Cooperative Extension in Wilkes County, Ga. Shredders are capable of tearing leaves and twigs, while chippers are appropriate for stalks and wood. Select the largest machine to reduce maintenance needs or look for units that can function both as a shredder and a chipper, Watson notes. The University of Georgia (11/21) LinkedInFacebookTwitterEmail this Story
  • Vertical garden project brings green to urban area
    Source: Natural Resources Defense Council/Switchboard blog/University of Washington
    A project that includes a vertical garden, an edible green screen and a rainwater harvesting system is meant to promote biodiversity and sustainability at the University of Washington in Seattle, Kaid Benfield writes. The initiative features two, 10-foot-tall vertical gardens and a 39-foot-tall edible screen with hops and kiwi vines. It will also have two cisterns that will collect rainwater from the roof to be used as irrigation for the plants, Benfield notes. Natural Resources Defense Council/Switchboard blog (11/27) LinkedInFacebookTwitterEmail this Story

  Economic Indicators 

  Inside & Out 
  • The problem with business plans
    Startup founders should spend time developing their business models and testing their assumptions instead of immediately writing a business plan, Steve Blank writes. "[W]riting a static business plan first adds no value to starting a company, as the plan does not represent the iterative nature of the search for the model." The Wall Street Journal/The Accelerators blog (11/26) LinkedInFacebookTwitterEmail this Story
  • How leaders can overcome their fears
    Many bosses have fears that hold them back, writes Mary Jo Asmus. Overcoming them requires having a clear moral compass and using that conviction to work past jitters. "If you are a leader who has a solid value system in place ... fear becomes a non-issue," Asmus writes. (11/26) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • Obama, GOP seek support for competing fiscal plans
    President Barack Obama and House Republicans are trying to line up public support for their competing ideas on how to avert the "fiscal cliff." Obama has been meeting with business leaders and will head to Pennsylvania this week to promote his ideas, while Republicans are aiming their message at small-business owners. The campaigning suggests that a deal is not close at this point. The Hill (11/27), The Wall Street Journal (11/27) LinkedInFacebookTwitterEmail this Story
  • Immigration bill from House GOP to be voted on on Friday
    An immigration bill from Republican members of the House of Representatives will be voted on on Friday, but it is unlikely to find support in the Senate. The bill would increase the number of visas for foreigners who hold advanced degrees in science and technology, but it would not likely lead to broader reform and deal with the estimated 12 million undocumented immigrants in the country, The Wall Street Journal reports. The Wall Street Journal (11/27) 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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The foolish man seeks happiness in the distance; the wise grows it under his feet."
--James Oppenheim,
American poet, novelist and editor

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