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- Carlisle sees 29% increase in third-quarter profits
Carlisle announced its third-quarter earnings for the period that ended Sept. 30 rose 29% to $69.5 million, compared with $53.7 million a year earlier. The company credits the increase to acquisitions and higher prices. The strong performance of its transportation products business helped offset the weakness of its outdoor power equipment sales. CNBC/The Associated Press
(10/23)     
 | 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.
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| Industry Buzz |  |  |
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- Designs for urban landscaping require attention to detail
To create an effective design for urban landscaping projects, every detail should be considered, said Michael D'Angelo, a landscape architect from Copley Wolff Design Group in Boston. In this piece, D'Angelo, a LEED professional, discusses streetscapes, the popularity of green roofs and more. The Boston Globe (tiered subscription model)
(10/23)
| Economic Indicators | | |
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- Confidence in equipment-leasing sector holds even for October
The Equipment Leasing & Finance Foundation's Monthly Confidence Index for the Equipment Finance Industry remained relatively steady this month, reaching 53.3, compared with September's 53. "Near term, results will continue to be strong," said Harry Kaplun, president of Frost Equipment Leasing and Finance. "In the longer term, significant variables like accounting rules, depreciation rates and cost of funds will change the landscape." Today's Medical Developments
(10/2012)
| Inside & Out | | |
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- CEOs need to view lean as a culture, not a tool
When lean-manufacturing expert Art Byrne asked workers at Wiremold in the 1990s to cut one of their machine setup processes from 14 hours to under 10 minutes, they said it was impossible -- but then cut it to six minutes with a few changes. That kind of improvement happens when CEOs treat lean management as a part of company culture and actively get out and promote it, Byrne said. Dan Ariens, the CEO of lawn and garden equipment producer Ariens Co., said he takes regular "gemba walks" through the company's five plants to monitor and praise employees' lean efforts. "I have to be the guy who holds the stake in place and not let it slip back," Ariens said. IndustryWeek
(10/17)
- Create the proper environment for innovation to flourish
Creating the right sort of environment is essential for successful innovation, Jeffrey Phillips writes. In this case, the word "environment" refers to physical space but also to the culture of your workplace and to the extent of your professional networks. "It's been demonstrated that good innovators have larger, more extensive and more diverse networks," Phillips notes. Innovate on Purpose
(10/19)
| Policy Update | | |
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- Home loans will become more difficult to get, experts say
People who want to buy homes in the U.S. will find it more difficult to qualify for mortgages next year after several rules take effect, mortgage bankers and Realtors said. There is a danger that the rules, which will take effect at the same time, will conflict or overlap, creating a "perfect storm" of regulation, said Maurice "Moe" Veissi, president of the National Association of Realtors. Bloomberg
(10/24)
| OPEI News | | |
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Outdoor Power Report: A quarterly update for OPEI members
OPEI's quarterly summary of issues and activities is now available. Read the report.
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