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                                        Daily News For May 15, 2006

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Today's Daily News

Court Affirms Kaiser Aluminum Reorganization Plan
A federal district court has affirmed the U.S. Bankruptcy court's previous confirmation of the Kaiser Aluminum reorganization plan, and the aluminum producer expects to emerge from more than four years of creditor protection by early July. "We are now approaching the finish line of a long and complex process," Kaiser president/CEO Jack Hockema stated. "We look forward to emerging with financial and competitive strength, well-positioned for the future with a solid platform for growth." Read more

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New System Speeds Up Border Crossings In Texas And New Mexico
U.S. Customs and Border Protection (CBP) has installed the Automated Commercial Environment (ACE) trade processing system in two border states -- Texas and New Mexico. All 13 land border ports in Texas as well as two ports in New Mexico -- at Santa Teresa and Columbus - are now processing cargo using the ACE system to facilitate faster border crossings. Read more


2006 Manufacturing Revenues Expected To Beat Previous Forecast
Although many economists expect growth of the overall U.S. economy to slow as the year progresses, a result of higher energy prices and higher interest rates, purchasing and supply management executives expect revenues in manufacturing to be better than previously expected. Read more


Berkshire Hathaway Acquires Iscar Ltd.
In a $5 billion transaction, Berkshire Hathaway Inc. acquired 80% of the Iscar Metalworking Companies. Iscar 's current shareholders will own the remaining 20%, and Iscar 's current management team, including Chairman Eitan Wertheimer and President and Chief Executive Officer Jacob Harpaz, as well as the company's current worldwide management team will still run the company, which will remain headquartered in Tefan, Israel. Read more


Welding Web Forum

Visit WeldingWeb.com, the most active online community and discussion forum among welding and fabricating professionals and enthusiasts.

TIG - collet/tungsten size vs. rod size
"As subject states, does anyone have a guideline or graph giving general recommendations?"
Read more.

Time for a cold cut saw
"Looking at a Makita 12" Dry Cut Saw… What do you guys think?"
Read more.

Core drill for cement
"Can anybody tell me anything about boring 4" holes in concrete?"
Read more.

Join the community to participate in this and other discussions at WeldingWeb.com.


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