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October 3, 2012
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

  Top Story 
  • Ariens to hire more workers to produce snow equipment
    Ariens' plan to increase its workforce reflects the growth seen in the manufacturing industry, Larry Avila writes. The company plans to hire more workers at its plant in Brillion, Wis., to handle the demand for snow-removal equipment. The firm is adding 70 to 80 part- and full-time positions, said Diane Bluel, the company's human resources manager. The Post-Crescent (Appleton, Wis.) (10/2) LinkedInFacebookTwitterEmail this Story
  Industry Buzz 
  • MoJack Holdings returns loans; unable to meet hiring goal
    MoJack Holdings, a startup in Wichita, Kan., that puts together jacks for riding mowers, has opted to return its forgivable loans to the city and county, and chose to obtain a partial tax exemption instead. The $70,000 loans would have been forgiven if the company increased its workforce from 10 to 63 employees in a span of five years. However, MoJack didn't think that was achievable and returned the funds. The company is slated to hire 26 workers, said Allen Bell, the city's director of urban development. American City Business Journals/Wichita, Kan. (10/2) LinkedInFacebookTwitterEmail this Story
  • Irrigation device to simplify smart controllers
    An irrigation controller known as "WaterDex" will help prevent overwatering lawns and gardens with its simple dial, according to this article. The device overrides the irrigation controller and when a ZIP code is entered at Rockrose Technology's website, location-specific data are used to determine watering needs. The dial can be set to irrigate plants on a daily, weekly or monthly schedule. Home Channel News (10/2) LinkedInFacebookTwitterEmail this Story
  • Other News
  Economic Indicators 
  • Index for small-business borrowing reached 2012 high in August
    The Thomson Reuters/PayNet Small Business Lending Index was 109.9 in August, the second consecutive month of increase and the highest level this year. "These business owners are looking out three, to six, to nine months, and they are seeing some positive profit-producing opportunities: There must be something these business owners are seeing," PayNet co-founder and President William Phelan said. Reuters (10/1) LinkedInFacebookTwitterEmail this Story
  Inside & Out 
  • 4 steps to a thorough business-expense checkup
    It's important for businesses to analyze how their operating expenses change over time, Joe Worth of B2B CFO writes. "Compare the numbers to last month, the last three months, the average of the last three months (called 'rolling average'), average year-to-date and the same month last year," he advises. Companies should also compare how their finances compare to that of their competitors. Entrepreneur online (9/25) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • Housing agency reportedly blocks Freddie's foreclosure-loan plan
    Freddie Mac's plan to lend to investors who buy foreclosed homes and turn them into rental properties has been put on hold by the Federal Housing Finance Agency, sources say. The regulator reportedly is worried that inexpensive loans from Freddie would make it difficult for banks to compete for loan business from buyers who want to acquire foreclosed properties. The Wall Street Journal (10/3) LinkedInFacebookTwitterEmail this Story
  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 Emission Portable Generator." LinkedInFacebookTwitterEmail this Story
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There is nothing so agonizing to the fine skin of vanity as the application of a rough truth."
--Edward Bulwer-Lytton,
British politician, poet, playwright and novelist

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