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October 18, 2012
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News for the outdoor power equipment industry |  Click here for GIE+EXPO information

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  Industry Buzz 
  • How to prep irrigation systems for winter
    Without proper winterization of irrigation systems, owners should expect costly repairs come spring, Ron Hall writes. Sprinkler systems should be blown out before the ground freezes and extra parts should be available to repair any damage, Hall notes. Turf magazine (10/2012) LinkedInFacebookTwitterEmail this Story
  • Other News
  Economic Indicators 
  • CFO expectations for growth reach 10-quarter low in survey
    Chief financial officers' expectations for sales, earnings, capital investment and hiring growth are now the lowest seen in the 10-quarter history of Deloitte's CFO Signals survey. Forty percent of CFOs cited increased pessimism about their company's prospects, compared with 28% in the second quarter. Business Finance (10/16) LinkedInFacebookTwitterEmail this Story
  • U.S. housing starts in September were the most since 2008
    U.S. builders started construction of homes at an annual rate of 872,000 in September, a 15% increase, the fastest expansion since July 2008, the Commerce Department said. The National Association of Home Builders/Wells Fargo builder-sentiment index rose to 41 this month, the most optimistic reading since June 2006. Bloomberg (10/17) LinkedInFacebookTwitterEmail this Story
  Inside & Out 
  • Don't shut the door on open innovation
    Open innovation can be scary, but it's a great way to get fresh perspectives on the challenges your company faces, say executives Denise Fletcher and Paul Austin. Just be sure you're realistic about the potential hurdles your company will face as it opens its innovation processes. "Open innovation will impact your legal, marketing, sales, engineering, manufacturing, and management, all in a big way," Fletcher and Austin warn. (10/15) LinkedInFacebookTwitterEmail this Story
  Policy Update 
  • Reports by Reps. Frank, Bachus continue bailout debate
    Rep. Barney Frank, D-Mass. and Spencer Bachus, R-Ala., both members of the House Financial Services Committee, have issued competing reports about the Dodd-Frank Act. Frank, one of the bill's authors, says it ends too-big-to-fail banks and outlaws future taxpayer bailouts. Bachus, the committee chairman, contends in his report that the law does not protect taxpayers and codifies bailouts. The Hill/On the Money blog (10/17) LinkedInFacebookTwitterEmail this Story
  OPEI News 
  • EPA and CPSC 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; and Janet Buyer, CPSC Division of Combustion and Fire Sciences, Directorate for Engineering Sciences, as featured speakers on Oct. 26. Glenn and Philip will be featured speakers at the 10 a.m. workshop and Janet Buyer will be the featured speaker at our 1 p.m. workshop, both 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 presentations. These sessions do not require registration, and there is no charge. They are also open to the public.

    Servicing dealers, rental dealers, retailers, distributors and suppliers will come together for an industry party on Oct. 24 at GIE+EXPO in Louisville, Ky. The welcome reception wraps up the first-ever Dealer Day, a preview of the show. Among the festivities will be live music in two locations on the show floor; a 25-cent beer and hot dog reception sponsored by ARI, Husqvarna and Ideal Computer Systems and an Oktoberfest theme in STIHL's booth where they will hold a drawing for a $5,000 giveaway. For info, visit the GIE+EXPO website or call (800) 558-8767. LinkedInFacebookTwitterEmail this Story
Learn more about OPEI ->OPEI Homepage  |  GIE+EXPO  |  TurfMutt

Now and then it's good to pause in our pursuit of happiness and just be happy."
--Guillaume Apollinaire,
French writer, poet and critic

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