Industry Week articles from May 2003

Industry Week archives from May 2003

Online Poll.(Brief Article)
May 1, 2003... ONLINE POLL Do you believe it would improve corporate governance to require the roles of chairman and CEO be held and performed by two different executives? IndustryWeek.com readers respond: Yes 61.6% No 38.4% Visit...

When new technology becomes old. (Editor's Page).(Editorial)
May 1, 2003... MANUFACTURING EXECUTIVES WHO ARE WRITING TO IW ARE ANgry, frustrated and, in their own words, frightened at the dramatic contraction of the U.S. manufacturing sector during this recession. Drowning in a tidal wave of imports and squeezed...

Letters.(Letter to the Editor)
May 1, 2003... Manufacturing Troubles on the Eastern Front I found your article ["Manufacturing's Public Policy Challenge," March 2003. Page 41] both enlightening and disturbing. I am a co-owner in a printing company in Columbia, S.C. My senior partner...

Correction.(Correction Notice)
May 1, 2003... In the feature "The Next Material World," [Page 41, April], Robert Wilkins, president of Danfoss Inc., was pictured on Page 46. The photo was misidentified.

The new deal: principles in steel's evolving union contracts part of a larger movement. (Labor).
May 1, 2003... "LET's MAKE STEEL!" WAS THE RALLY-ing cry of the United Steelworkers of America (USWA) during the near-implosion of the integrated U.S. steel industry at the start of this decade. Now that the former plants of LTV Steel Corp., Acme Steel,...

Man of principle. (Bookshelf).(Book Review)
May 1, 2003... In his acknowledgements far "Put the Moose on the Table: Lessons in Leadership From a CEO's Journey Through Business and Life" (2003, Indiana University Press), co-author Randall Tobias (with son Todd Tobias) says he long resisted entreaties to...

Training dissatisfaction. (Human Resources).(Brief Article)
May 1, 2003... Human resources and training and development may not have taken their usual funding hits during the mast recent global economic slowdown. However, only 17% of 200 senior executives in the U.S., Europe and Australia recently interviewed by...

Review your SKUs. (Spring Cleaning).(Brief Article)
May 1, 2003... A recent decision by the J.M. Smucker Co. to eliminate approximately 1,000 low-priority SKUs (stock-keeping units) from its product offerings should serve as a reminder to manufacturers that it pays to occasionally reassess this aspect of their...

Growth, the old-fashioned way: 1990s produced managers unprepared for turmoil. (Strategy).(Brief Article)
May 1, 2003... MANUFACTURERS TRYING TO NAVIGATE through a rough economy need to first tackle internal obstacles that include inexperienced management, according to Mike Menard, president and founder of GenSight Group, a global business management consultancy...

View machinery as 'functional': is your maintenance capability able to support the growing business velocity that manufacturing technology enables? (Emerging Technologies).
May 1, 2003... MOST PRODUCTION MACHINERY IS not equipped to predict maintenance needs or anticipate how wear points will eventually degrade," says Jay Lee, director, Center for Intelligent Maintenance Systems (IMS) at the University of Wisconsin, Milwaukee....

Distribute health-care costs fairly. (Executive Word).(Interview)
May 1, 2003... Financier Wilbur L. Ross Jr. became an immediate player in the steel industry when his private-equity firm purchased most of the assets of bankrupt integrated steel producer LTV Corp. in 2002 for $327 million and formed the International Steel...

Managing for a higher purpose: if you are trapped by time and tasks, it's time to redo your to-do. (Brandt On Leadership).
May 1, 2003... EVERYWHERE I TURN, I SEE people who think that the only response to a downturn is to work harder. These people aren't slackers to begin with; most are already working 10 to 12 hours a day. And while some people now wear their fatigue as badges...

Electronics: a voyage of discovery. (Trends: Nanotechnology Part 2).
May 1, 2003... Nano-based breakthroughs will shrink data-storage costs, redefine equipment maintenance and change the fundamental challenges of new-product development. "Nanometer structures will foster a revolution in information technology hardware...

[CRM.sub.2.0]: companies are building more focused customer strategies as products emphasize low cost, quick implementation and extended capabilities. (Information Technology).
May 1, 2003... Step right up, folks, for your happy customers. Yes, just push this button, and all of your unhappy customers will be transformed instantly and forever into delighted customers who will never stop buying things from you. The name of this magic...

The next crisis: too few workers.
May 1, 2003... Even as the U.S. economy struggles to recover from recession and manufacturing firms continue to thin their ranks, there's still talk of a skills shortage. no kidding. here's what the experts are saying and what you can do about it. ROGER...

In the slow lane. (Transportation).
May 1, 2003... Manufacturers have implemented technology and new processes to improve the efficiency, reliability and security of distribution systems. But is the nation's infrastructure able to handle the load? WHILE THE U.S. HAS ONE OF THE finest...

Ford supplier park sreamlines material flow: first North American facility of its kind promises speed, flexibility. (Locations).
May 1, 2003... FACILITY: A 155-acre site in South Chicago is rapidly being transformed into a supplier park that will supply parts and assembly modules to Ford Motor Co.'s 79-year-old Chicago Assembly Plant. As of April 1, Ford had signed nine-year leases...

Sarbanes-Oxley's limited impact. (Financial & Economic Trends).
May 1, 2003... REFORM LEGISLATION CONGRESS passed last year in the wake of U.S. corporate accounting and governance scandals has produced changes in control and compliance practices at 84% of large U.S. multinational companies. However, a recent survey by...

Conservation Music: Yamaha's environmental practices benefit the bottom line. (Best Practices).
May 1, 2003... YAMAHA MUSIC MANUFACTURING INC.'S Thomaston, Ga., facility saved enough energy in 2001 and 2002 to move about 180,000 pianos from sea level to the top of Mount Everest. Pretty impressive for the maker of pianos and speakers, which knows all too...

Guidant Corp. (People).(Brief Article)
May 1, 2003... Guidant Corp., an Indianapolis manufacturer of medical equipment, has named Nicky Spaulding president of Guidant Europe, Middle East, Africa and Canada. He succeeds Guido J. Neels, who has been promoted to group chairman. Spaulding joined...

Novo Nordisk. (People).(Dolores Pascual promoted to associate director of pricing in Managed Care, Trade and Government department)(Brief Article)
May 1, 2003... Novo Nordisk, Denmark, has promoted Dolores Pascual to associate director of pricing in the Managed Care, Trade and Government department at the company's U.S. headquarters in Princeton, N.J. Pascual formerly was senior pricing analyst. In...

Northrop Grumman Corp. (People).(Ronald D. Sugar named CEO)(Brief Article)
May 1, 2003... A new CEO took over at Northrop Grumman Corp., Los Angeles, April 1. Ronald D. Sugar was formerly the company's president and COO and was identified in a succession plan as Kent Kresa's replacement when Kresa announced he would retire this...

Jaco Products Co. (People).(Michael C. Parker appointed sales manager)(Brief Article)
May 1, 2003... Jaco Products Co., a Cleveland manufacturer of die cut and CNC machined plastic production components, has appointed Michael C. Parker to the position of sales manager. He will oversee all sales-team activities and develop a strategic plan for...

JCIT International. (People).(Anthony M. Gorski named chief operating officer)(Brief Article)
May 1, 2003... JCIT International, Englewood, Colo., has named Anthony M. Gorski chief operating officer. Gorski has worked for JCIT since 1997, holding a variety of executive-level positions. JCIT sells training and manufacturing assistance using Demand Flow...

Schering-Plough Research Institute. (People).(Catherine D. Strader appointed executive vice president, discovery research)(Brief Article)
May 1, 2003... Catherine D. Strader has been appointed executive vice president, discovery research, for Schering-Plough Research Institute. Strader now is responsible for directing the activities of the discovery research organization, which includes...

Penske Corp. (People).(J. Patrick Conroy been named executive vice president and CFO)(Brief Article)
May 1, 2003... J. Patrick Conroy has been named executive vice president and CFO for Penske Corp. Most recently, Conroy served as senior vice president of finance for the Detroit-based diversified transportation services company.

Emerson Motor Co. (People).(Tim Albers promoted to director of marketing for the Industrial Solutions Divisions)(Brief Article)
May 1, 2003... Emerson Motor Co., St. Louis, has promoted Tim Albers to director of marketing for the Industrial Solutions Divisions. Albers, who has been with Emerson for five years, will oversee marketing activities and aftermarket inside sales.

United States Steel Corp. (People).(Frank J. Lucchino elected to board of directors )(Brief Article)
May 1, 2003... Frank J. Lucchino has been elected to the board of directors of United States Steel Corp., Pittsburgh. Lucchino previously served on the board of directors of National Steel Corp. and the board of directors of Allegheny Teledyne Inc.

Delphi Corp. (People).(Gabor Janos Deak appointed president of South American operations)(Brief Article)
May 1, 2003... Delphi Corp. has appointed Gabor Janos Deak president of its South American operations. Deak joined Delphi in 2000 when the company acquired Lucas Diesel Systems.

Boise Cascade Corp. (People).(Erin D. Nuxoll elected vice president, human resources)(Brief Article)
May 1, 2003... Erin D. Nuxoll has been elected vice president, human resources, for Boise Cascade Corp., Boise, Idaho. Nuxoll joined Boise in 1983 as a forester at the company's wood products manufacturing operations in Kettle Falls, Wash.

Underwriters Laboratories Inc. (People).(Robert A. Williams named director of standards)(Brief Article)
May 1, 2003... Underwriters Laboratories Inc. (UL), Northbrook, Ill., has promoted Robert A. Williams to the newly created position of director of standards. Williams joined the product safety testing organization in 1973 and is responsible for coordinating...

The Home Depot. (People).(Carol B. Tomee elected to United Parcel Service board of directors)(Brief Article)
May 1, 2003... Carol B. Tomee, executive vice president and CFO of The Home Depot, has been elected to the UPS board of directors. Tomee joined The Home Depot in 1995 and is currently responsible for financial reporting, investor relations and all other...

Events.(manufacturing industry)(Brief Article)(Calendar)
May 1, 2003... May 4-6: American Iron and Steel Institute General Meeting Hyatt Regency San Diego www.steel.org May 7-8: Northwest Machine Tool Show & Design Engineering Show Oregon Convention Center Portland, Ore. ...

APICS-The Educational Society for Resource Management. (Associations).(elects 2003 board of directors)(Brief Article)
May 1, 2003... APICS-The Educational Society for Resource Management, has elected its 2003 board of directors: President Bob Collins, SSI Worldwide; President-elect Arnold E. Kennedy, Visionary Oasis; Executive Vice President Wendy Kremers, Steelcase Inc.;...

Manufacturers Alliance/MAIP. (Associations).(Manufacturers Alliance/MAIP announces appointments of Clifford Waldman and Sidney Nguyen )(Brief Article)
May 1, 2003... Manufacturers Alliance/MAIP recently announced two appointments. Clifford Waldman joins as economist and council director to the information systems management, manufacturing and marketing councils. Waldman has been president of Waldman...

Lies, damn lies and statistics: inflation data are wrong--and so are growth, production and productivity figures. (Evans on the Economy).
May 1, 2003... MOST MANUFACTURING firms, looking at both their top and bottom lines, would be pardoned for assuming the U.S. economy is still in a recession. But that's not the way federal government statistics tell the economic story. The official numbers...