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	<title>The CNC Report &#187; Industry News</title>
	<atom:link href="http://www.cncreport.com/category/industry-news/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.cncreport.com</link>
	<description>The Premier Online Machining Magazine</description>
	<lastBuildDate>Fri, 20 Apr 2018 20:07:17 +0000</lastBuildDate>
	<language>en</language>
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	<itunes:summary>The Machine Shop News Source for New Metalworking Products and Industry Events</itunes:summary>
	<itunes:author>Jay Pierson</itunes:author>
	<itunes:explicit>no</itunes:explicit>
	<itunes:image href="http://www.cncreport.com/wp-content/plugins/podpress/images/cncreport_album_cover_lg.jpg" />
	<itunes:owner>
		<itunes:name>Jay Pierson</itunes:name>
		<itunes:email>editor@cncreport.com</itunes:email>
	</itunes:owner>
	<managingEditor>editor@cncreport.com (Jay Pierson)</managingEditor>
	<copyright>2006-2007</copyright>
	<itunes:subtitle>The Premier Online Machining Magazine</itunes:subtitle>
	<image>
		<title>The CNC Report &#187; Industry News</title>
		<url>http://www.cncreport.com/wp-content/plugins/podpress/images/cncreport_album_cover_sm.jpg</url>
		<link>http://www.cncreport.com/category/industry-news/</link>
	</image>
	<itunes:category text="Business" />
	<itunes:category text="Education" />
	<itunes:category text="Technology" />
		<item>
		<title>Amazon is Right for Business</title>
		<link>http://www.cncreport.com/amazon-is-right-for-business/</link>
		<comments>http://www.cncreport.com/amazon-is-right-for-business/#comments</comments>
		<pubDate>Fri, 29 Apr 2016 21:12:14 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[amazon business]]></category>
		<category><![CDATA[Amazon.com]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=1296</guid>
		<description><![CDATA[We first highlighted Amazon as a viable option for purchasing tooling and supplies your shop uses everyday. At that time, most major brands had products listed, but the traditional Amazon checkout process lacked when it came to business buying. That changes with the introduction of Amazon Business. Now purchasing through the largest online reseller just [...]]]></description>
			<content:encoded><![CDATA[<p><a class="highslide" onclick="return vz.expand(this)" href="http://www.cncreport.com/wp-content/uploads/2016/05/amazon-business.jpg"><img class="alignleft size-thumbnail wp-image-1297" title="Amazon Business" src="http://www.cncreport.com/wp-content/uploads/2016/05/amazon-business-150x150.jpg" alt="" width="150" height="150" /></a>We first highlighted Amazon as a viable option for purchasing tooling and supplies your shop uses everyday.  At that time, most major brands had products listed, but the traditional Amazon checkout process lacked when it came to business buying.  That changes with the introduction of Amazon Business.  Now purchasing through the largest online reseller just go easier with these highlights:</p>
<ul>
<li>FREE 2-Day Shipping on orders over $49</li>
<li>Special pricing on business products</li>
<li>Tax-exempt purchasing</li>
<li>Purchasing system integration</li>
<li>Shared payment methods</li>
<li>Order approval workflows</li>
<li>Enhanced order reporting</li>
</ul>
<p>To sign up, visit <a href="http://amzn.to/1TFQZo2" target="_blank">www.amazon.com/business</a> and signup for a free account.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.cncreport.com/amazon-is-right-for-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>New Haas DM-1 Priced for a Fast ROI</title>
		<link>http://www.cncreport.com/haas-dm-1-price-for-fast-roi/</link>
		<comments>http://www.cncreport.com/haas-dm-1-price-for-fast-roi/#comments</comments>
		<pubDate>Thu, 02 Jul 2015 17:00:25 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[dm-1]]></category>
		<category><![CDATA[Haas Automation]]></category>
		<category><![CDATA[haascnc]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=1264</guid>
		<description><![CDATA[Haas DM-1 Price is built for a quick ROI.  Read on for more details.]]></description>
			<content:encoded><![CDATA[<p><a class="highslide" onclick="return vz.expand(this)" href="http://www.cncreport.com/wp-content/uploads/2015/07/Haas_DM-1_Price.jpg"><img class="alignleft size-thumbnail wp-image-1267" title="Haas_DM-1" src="http://www.cncreport.com/wp-content/uploads/2015/07/Haas_DM-1_Price-150x150.jpg" alt="Haas_DM-1" width="150" height="150" /></a>The Haas DT-1 launched several years ago with impressive numbers and speeds so fast, anchoring the machine to the floor was mandatory.  Haas is at it again with their newest offering &#8211; The DM-1.</p>
<p>The DM-1 shares nearly identical specs as it&#8217;s predecessor with the much welcomed use of 40 taper tool holders.  It has a 20&#8243; x 16&#8243; x 15.5&#8243; work cube and a 26&#8243; x 15&#8243; T-slot table, a direct-drive15,000 rpm spindle, high-speed rigid tapping and 46 ft-lb (peak) of cutting torque for  milling and boring operations.</p>
<p>The DM-1 provides cutting feedrates to 1200 ipm for high-speed milling  and the machine’s 18+1 side-mount tool changer swaps tools in a scary fast 1.8 seconds, chip to chip. High-speed 2400 ipm rapids combine with high  acceleration rates to shorten cycle times and increase throughput&#8230; again, anchoring to the slab is a must.</p>
<p>With a starting price of $64,995 USD, the speed of these machines are built for quick ROI&#8217;s.</p>
<p>Visit <a href="http://haascnc.com/mt_spec1.asp?id=DM-1&amp;webID=DRILL_TAP_VMC#gsc.tab=0" target="_blank">haascnc.com</a> for more details.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>California Manufacturers: 3.3125% Sales Tax with this program</title>
		<link>http://www.cncreport.com/california-manufacturers-3-3125-sales-tax-with-this-program/</link>
		<comments>http://www.cncreport.com/california-manufacturers-3-3125-sales-tax-with-this-program/#comments</comments>
		<pubDate>Fri, 28 Feb 2014 23:05:55 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Headlines]]></category>
		<category><![CDATA[Industry News]]></category>
		<category><![CDATA[Tax Exemption]]></category>
		<category><![CDATA[taxes]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=1234</guid>
		<description><![CDATA[A new law beginning on July 1, 2014 allows California based manufacturers to obtain a &#8220;partial exemption of sales and use tax&#8221; certificate for certain manufacturing equipment purchases.  The certificate is much like the current resale certificates that most manufacturers have. To be eligible under this law, you must meet all three of these conditions: [...]]]></description>
			<content:encoded><![CDATA[<p><a class="highslide" onclick="return vz.expand(this)" href="http://www.cncreport.com/wp-content/uploads/2014/02/tax-exemption.jpg"><img class="alignleft size-thumbnail wp-image-1236" title="tax-exemption" src="http://www.cncreport.com/wp-content/uploads/2014/02/tax-exemption-150x150.jpg" alt="" width="150" height="150" /></a>A new law beginning on July 1, 2014 allows California based manufacturers to obtain a &#8220;partial exemption of sales and use tax&#8221; certificate for certain manufacturing equipment purchases.  The certificate is much like the current resale certificates that most manufacturers have. To be eligible under this law, you must meet all three of these conditions:</p>
<ol>
<li>Be engaged in certain types of business, also known as a “qualified person.”</li>
<li>Purchase “qualified property.”</li>
<li>Use that qualified property for the uses allowed by this law.</li>
</ol>
<p>A common scenario to easily meet these three conditions are when:</p>
<ol>
<li>A shop owner or purchasing agent</li>
<li>Buys any tooling or equipment</li>
<li>To be used in the process of producing products</li>
</ol>
<p>There is no need to apply to the California BOE for the exemption.  When you make  qualifying purchases or leases, you must simply provide the seller with a &#8220;partial exemption certificate&#8221; to obtain the reduced tax rate.  Once this partial exemption certificate is on file with your supplier, all your qualified purchases are taxed at a rate of 3.3125% until July 1, 2022.</p>
<p>For more details visit the CA Board of Equalization page at <a href="http://www.boe.ca.gov/sutax/manufacturing_exemptions.htm" target="_blank">http://www.boe.ca.gov/sutax/manufacturing_exemptions.htm</a>.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>CAM Software for Students</title>
		<link>http://www.cncreport.com/cam-software-for-students/</link>
		<comments>http://www.cncreport.com/cam-software-for-students/#comments</comments>
		<pubDate>Fri, 19 Apr 2013 05:35:26 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[cam]]></category>
		<category><![CDATA[gibbscam]]></category>
		<category><![CDATA[software]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=1120</guid>
		<description><![CDATA[Gibbs and Associates, developer of GibbsCAM® software, introduces the GibbsCAM Student Edition as well as a new on-line Student Store to provide student resource materials. The Student Edition, which complements the GibbsCAM Classroom Edition, is available immediately to NC programming or machining students of high schools, technical schools, colleges and universities already using GibbsCAM in [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.cncreport.com/wp-content/uploads/2013/04/gbs-logo.gif"><img class="alignleft size-full wp-image-1121" title="gbs-logo" src="http://www.cncreport.com/wp-content/uploads/2013/04/gbs-logo.gif" alt="" width="240" height="39" /></a>Gibbs and Associates, developer of GibbsCAM® software, introduces the <a href="https://store.gibbscam.com/index.php?action=duct&amp;id=9" target="_blank">GibbsCAM Student Edition</a> as well as a new on-line Student Store to provide student resource materials. The Student Edition, which complements the GibbsCAM Classroom Edition, is available immediately to NC programming or machining students of high schools, technical schools, colleges and universities already using GibbsCAM in their curricula. Fully compatible with the Classroom Edition, the Student Edition is available for direct purchase and immediate download at the new GibbsCAM Student Store – US$100.00 for a calendar-year license – to students enrolled in a qualified curriculum.</p>
<p>The Student Store can be found at <a href="https://store.gibbscam.com/" target="_blank">store.gibbscam.com</a></p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Major Change at Haas</title>
		<link>http://www.cncreport.com/major-change-at-haas/</link>
		<comments>http://www.cncreport.com/major-change-at-haas/#comments</comments>
		<pubDate>Fri, 18 May 2012 14:00:50 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[haas]]></category>
		<category><![CDATA[Haas Automation]]></category>
		<category><![CDATA[spindle]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=926</guid>
		<description><![CDATA[A 7500 RPM and  20 hp spindle has been synonymous Haas Automation&#8217;s VF series of Vertical Machining Centers for decades.  For 2012, Haas increased the speed and performance of the standard spindle on its wide line of 40-taper VMCs, and introduced several new optional spindles. All Haas VF-1 through VF-12 40-taper VMCs are now equipped [...]]]></description>
			<content:encoded><![CDATA[<p><a class="highslide" onclick="return vz.expand(this)" href="http://www.cncreport.com/wp-content/uploads/2012/04/new-haas-spindle.jpg"><img class="alignleft size-thumbnail wp-image-927" title="new-haas-spindle" src="http://www.cncreport.com/wp-content/uploads/2012/04/new-haas-spindle-150x150.jpg" alt="8100 RPM" width="150" height="150" /></a>A 7500 RPM and  20 hp spindle has been synonymous Haas Automation&#8217;s VF series of Vertical Machining Centers for decades.  For 2012, Haas increased the speed and performance of the  standard spindle on its wide line of 40-taper VMCs, and introduced  several new optional spindles.</p>
<p>All Haas VF-1 through VF-12  40-taper VMCs are now equipped with a beefy 8100-rpm inline  direct-drive spindle that is driven by a 30-horsepower vector drive  system. The Haas inline system couples the spindle directly to the motor  to reduce heat, increase power transmission, and provide excellent  surface finishes. An optional 10,000-rpm inline direct-drive spindle is  available for shops wanting higher spindle speeds. Both spindles yield  90 ft-lb of cutting torque.</p>
<p>For shops needing additional  low-speed torque and wanting the flexibility of a gearbox, two optional  gear-drive spindles are also available for standard Haas 40-taper VMCs.  The optional spindles provide either 8100-rpm or 10,000-rpm, and feature  a Haas-built, high-precision two-speed gearbox. Both geared spindles  yield 250 ft-lb of torque.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Your New Tool Distributor: Amazon Industrial</title>
		<link>http://www.cncreport.com/your-new-tool-distributor-amazon-industrial/</link>
		<comments>http://www.cncreport.com/your-new-tool-distributor-amazon-industrial/#comments</comments>
		<pubDate>Tue, 10 Jan 2012 15:00:10 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[Amazon Industrial]]></category>
		<category><![CDATA[Amazon.com]]></category>
		<category><![CDATA[distributor]]></category>
		<category><![CDATA[Shop supplies]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/your-new-tool-distributor-amazon-industrial/</guid>
		<description><![CDATA[Amazon.com boasts annual sales of $15 billion primarily through books and consumer items. So, why not open an industrial supply division for the rest of us? Well, they have. Amazon.com&#8217;s Industrial &#38; Scientific site sells everything from abrasives and endmills to fasteners and raw materials. Amazon&#8217;s Free Super Saver Shipping also applies to orders over [...]]]></description>
			<content:encoded><![CDATA[<p><img src="http://www.cncreport.com/wp-content/uploads/2008/10/amazon_industrial1.gif" alt="Amazon Industrial" /></p>
<p>Amazon.com boasts annual sales of $15 billion primarily through books and consumer items.  So, why not open an industrial supply division for the rest of us?  Well, they have.  Amazon.com&#8217;s <a href="http://www.amazon.com/industrial">Industrial &amp; Scientific</a> site sells everything from abrasives and endmills to fasteners and raw materials.  Amazon&#8217;s Free Super Saver Shipping also applies to orders over $25 on products sold from stock.<span id="more-111"></span></p>
<p>With a familiar Amazon interface and over 80,000 products, it might just be a resource to watch.  Check it out for yourself at <a href="http://www.amazon.com/industrial">www.amazon.com/industrial</a>.</p>
]]></content:encoded>
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		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>Corkscrew Milling</title>
		<link>http://www.cncreport.com/corkscrew-milling/</link>
		<comments>http://www.cncreport.com/corkscrew-milling/#comments</comments>
		<pubDate>Tue, 04 Oct 2011 18:14:47 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[corkscrew milling]]></category>
		<category><![CDATA[machining]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=803</guid>
		<description><![CDATA[Corkscrew milling literally takes a new approach to cutting pockets?  So much so that Baldor Electric of Gainesville, GA  changed up their strategy of using large diameter twist drills in favor of ramping an endmill down in a corkscrew pattern.  A one part experiment turned into a new production method now used on multiple parts [...]]]></description>
			<content:encoded><![CDATA[<p><a class="highslide" onclick="return vz.expand(this)" href="http://www.cncreport.com/wp-content/uploads/2011/10/corkscrew-milling.jpg"><img class="alignleft size-thumbnail wp-image-804" title="corkscrew-milling" src="http://www.cncreport.com/wp-content/uploads/2011/10/corkscrew-milling-150x150.jpg" alt="" width="150" height="150" /></a>Corkscrew milling literally takes a new approach to cutting pockets?  So much so that Baldor Electric of Gainesville, GA  changed up their strategy of using large diameter twist drills in favor of ramping an endmill down in a corkscrew pattern.  A one part experiment turned into a new production method now used on multiple parts across a variety of motor housings.  <a href="http://www.toolingandproduction.com/enews/2011_August2/feature1.php" target="_blank">Read the rest of the article here.</a></p>
<p>Image courtesy of Nelson Publishing, Inc.</p>
]]></content:encoded>
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		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>Declines for August but MFG Still OK</title>
		<link>http://www.cncreport.com/declines-for-august-but-mfg-o/</link>
		<comments>http://www.cncreport.com/declines-for-august-but-mfg-o/#comments</comments>
		<pubDate>Mon, 26 Sep 2011 16:28:37 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[ISM Report on Business]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=796</guid>
		<description><![CDATA[According to the latest Manufacturing ISM Report On Business®, August showed contractions over previous months in two of the most important metrics in manufacturing &#8211; new orders and production. August PMI remained relatively flat at 50.3 and was the lowest of any of the previous 12 months. According to the Institute for Supply Management, a [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.cncreport.com/wp-content/uploads/2011/09/down-chart.gif"><img class="alignleft size-full wp-image-797" title="down-chart" src="http://www.cncreport.com/wp-content/uploads/2011/09/down-chart.gif" alt="" width="155" height="169" /></a>According to the latest Manufacturing ISM Report On Business®, August showed contractions over previous months in two of the most important metrics in manufacturing &#8211; new orders and production. August PMI remained relatively flat at 50.3 and was the lowest of any of the previous 12 months.  According to the Institute for Supply Management, a reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting. Growth in the manufacturing sector continued to grow overall. <a href="http://www.ism.ws/ismreport/mfgrob.cfm">Read the latest report</a>.</p>
]]></content:encoded>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>Torchmate finds Success South of the Border</title>
		<link>http://www.cncreport.com/torchmate-finds-success-south-of-the-border/</link>
		<comments>http://www.cncreport.com/torchmate-finds-success-south-of-the-border/#comments</comments>
		<pubDate>Fri, 02 Sep 2011 20:36:36 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[plasma cutter]]></category>
		<category><![CDATA[south america]]></category>
		<category><![CDATA[torchmate]]></category>

		<guid isPermaLink="false">http://www.cncreport.com/?p=781</guid>
		<description><![CDATA[A strong industrial market, an emerging South American middle class and a large and skilled Latin American sales force has catapulted Torchmate CNC Cutting Systems to the top of the CNC cutting machine market across Latin America. Torchmate’s Colombia-based South American office is growing rapidly to accommodate the increasing demand for CNC machinery across Latin [...]]]></description>
			<content:encoded><![CDATA[<p><a class="highslide" onclick="return vz.expand(this)" href="http://www.cncreport.com/wp-content/uploads/2011/09/torchmate_cutter_1.jpg"><img class="alignleft size-thumbnail wp-image-782" title="torchmate_cutter_1" src="http://www.cncreport.com/wp-content/uploads/2011/09/torchmate_cutter_1-150x150.jpg" alt="" width="150" height="150" /></a>A strong industrial market, an emerging South  American middle class and a large and skilled Latin American sales force  has catapulted Torchmate CNC Cutting Systems to the top of the CNC  cutting machine market across Latin America.</p>
<p>Torchmate’s  Colombia-based South American office is growing rapidly to accommodate  the increasing demand for CNC machinery across Latin America. The South  American division has already posted its best sales year ever, and is  setting its sights on completing 10 percent of the sales of the entire  company this year, said Andres Rodriguez, South American sales manager  for Torchmate.</p>
<p>That  growth is only the beginning of what Torchmate sees as a market that  should expand exponentially over the next several years.</p>
<p>“Right  now the South American economy is growing up. Booming industrial,  petroleum and manufacturing industries have opened up a lot of  opportunities for Torchmate from Mexico to Chile,” said Rodriguez.</p>
<p>Rodriguez  heads a Latin American division of seven staffers who provide expert  sales service, technical support and machine and table set-up services  throughout Mexico and Central and South America.</p>
<p>Torchmate  has won loyal support throughout Latin America for several services  that set them apart from the competition. Torchmate sells customers  affordable kits for table construction, allowing Torchmate machine  buyers to save on shipping fees by only paying to import the actual  robotic cutting machine. The company’s highly trained, Spanish-speaking  staff back each purchase with a lifetime of free technical support, and  also frequently train new purchasers on the full functions of the  machine. And Torchmate’s CNC cutting machines also cost exactly the same  price in South America as they would if you purchased them up at the  company’s main offices in Reno, Nev.</p>
<p>Across  Latin America, there is a wealth of industries that demand CNC cutting  technology. The large, heavy industries like petroleum production,  shipping, mining and manufacturing are healthy, and often growing,  segments of economies across the continent. Each of those industries  require the fabrication capabilities of large CNC, plasma-cutting  machines that Torchmate manufactures to build and repair oil platforms,  mining machinery or to build ships. South America’s growing demand for  infrastructure improvements to accommodate a booming middle class, is  also another source of CNC machine demand.</p>
<p>Finally,  the rise of a consumer class with disposable income is fueling a new  crop of Latin American entrepreneurs and small businesses. For many of  those entrepreneurs, Torchmate machines are the central piece of a new  business — an auto repair shop or small manufacturing business.</p>
<p>Rodriguez  knows about the growing Latin American entrepreneurial spirit well. He  bought a Torchmate machine as a customer, using it to help in his  family’s company that set up industrial kitchens. In his off time,  Rodriguez used his Torchmate machine to do contract work — repair  machinery, cut signs or even build metal sculptures.</p>
<p>As  he realized the unlimited potential of the machine and its uses,  Rodriguez knew he had struck upon a great business that he not only  wanted to do business with, but also wanted to work for. Soon Rodriguez  was helping with translations, technical support and machine builds for  Torchmate. And not long afterward, he began assembling a team, starting  with his brother Camilo, to run a South American office for the company.</p>
<p>Working  closely with Torchmate Sales Director Josh Schohn, Rodriguez modeled  his Colombian office to include the same sales and customer service  ethics that have set Torchmate apart from its competition in North  America.</p>
<p>The  hard work has paid off. The South American offices of Torchmate  surpassed their sales volume from 2010 by July of this year. And the  future is looking even brighter.</p>
<p>“In  South America we are just on the starting block,” said Rodriguez of  Torchmate sales. “We are bringing efficiencies to industries across the  continent, making the purchase of a Torchmate machine a  revenue-producing decision for many companies.”</p>
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		<title>Manufacturing Trends Up in March and April 2011</title>
		<link>http://www.cncreport.com/manufacturing-trends-up-march-april-2011/</link>
		<comments>http://www.cncreport.com/manufacturing-trends-up-march-april-2011/#comments</comments>
		<pubDate>Wed, 04 May 2011 18:58:34 +0000</pubDate>
		<dc:creator>CNC Reporter</dc:creator>
				<category><![CDATA[Industry News]]></category>
		<category><![CDATA[economy]]></category>
		<category><![CDATA[ISM Report on Business]]></category>

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		<description><![CDATA[Manufacturing employment appears to have developed significant momentum, as the Employment Index readings for the first four months of 2011 are the highest readings in the last 38 years.]]></description>
			<content:encoded><![CDATA[<p><a href="http://www.cncreport.com/wp-content/uploads/2011/05/up-chart2.jpg"><img class="alignleft size-thumbnail wp-image-773" title="up-chart2" src="http://www.cncreport.com/wp-content/uploads/2011/05/up-chart2-150x150.jpg" alt="" width="150" height="150" /></a>Economic activity in the <strong>manufacturing sector</strong> expanded in April for the 21st consecutive month, and the overall economy grew for the 23rd consecutive month, say the nation&#8217;s supply executives in the latest Manufacturing ISM Report On Business®.</p>
<p>Of the 18 manufacturing industries, 17 are reporting growth in April. Several of the fastest growing industries related to machining are:</p>
<ul>
<li>#2 &#8211; Plastics &amp; Rubber Products</li>
<li>#3 &#8211; Primary Metals</li>
<li>#5 &#8211; Fabricated Metal Products</li>
<li>#9 &#8211; Machinery</li>
<li>#15 &#8211; Miscellaneous Manufacturing</li>
</ul>
<p>The report was issued today by Norbert J. Ore, CPSM, C.P.M., chair of the Institute for Supply Management™ Manufacturing Business Survey Committee. &#8220;The recent trend of rapid growth in the manufacturing sector continued in April as the PMI registered above 60 percent for the fourth consecutive month. The New Orders and Production Indexes continue to drive the PMI, as they have both exceeded 60 percent for five consecutive months. Manufacturing employment appears to have developed significant momentum, as the Employment Index readings for the first four months of 2011 are the highest readings in the last 38 years. Inventory growth also took place in April after two months of destocking; however, the inventory restocking would appear to be necessitated by the strong performance in new orders. While the manufacturing sector is definitely performing above most expectations so far in 2011, manufacturers are experiencing significant cost pressures from commodities and other inputs.&#8221;</p>
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