June 24, 2008

As Oil Skyrockets, Green Grows More Affordable

Economic Trends, Free, Research & Analytics, Subscriber Only / Jenel Stelton-Holtmeier

Green may finally be bringing in the green.

Businesses focusing on green products and production are starting to reach broader audiences as prices of traditional products keep going up due to their reliance on fossil-fuel related materials and energy, according to a recent article in The Wall Street Journal. (Click here for full article. Subscription required.)

The fact that many of the companies focusing on environmentally friendly products also focus on environmentally friendly production has helped maintain prices that aren’t driven by volatile energy prices. New Leaf Paper LLC, San Francisco, CA, works with mills to develop more …

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Potential Settlement in Next Month in Grainger Lawsuit

Companies, Facilities Maintenance (MRO), Free, Legal Issues in Wholesale Distribution, Operations, Subscriber Only, Top Distributor Sectors / Lindsay Young

We could be seeing a settlement in the next month between the U.S. government and Chicago, IL-based facilities maintenance distributor Grainger, who was accused in the whistleblower case of overcharging the government and illegally relabeling products manufactured in non-trade agreement countries so they could be sold to the U.S. government.

According to recent court documents, the U.S. and Grainger have been in settlement discussions; a proposed agreement is prepared to be authorized by government officials. In the documents, filed May 28, 2008, attorneys ask for 60 days to finalize the terms of the proposed settlement and finalize an amended complaint. The court approved.

Here’s MDM’s original report …

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Industrial Production Falls 0.2% in May

Economic Trends, Free, News, Research & Analytics, Subscriber Only / MDM Staff

Industrial production declined 0.2% in May after having fallen 0.7% in April.

Manufacturing output was unchanged in May, the output of utilities shrank 1.8%, and the output at mines rose 0.1%. Factory output was boosted by a small pickup in the index for motor vehicles and parts.

The end in late May of the strike at a parts producer had little effect on vehicle output for the month; the output of motor vehicles and parts remained about 10% below its February level. Excluding motor vehicles and parts, manufacturing production edged down 0.1% after having decreased 0.5% in April.

At 110.9% of its 2002 average, overall industrial production was 0.1% below its year-earlier level. The rate of capacity utilization for total industry declined 0.2 …

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June 24, 2008

As Oil Skyrockets, Green Grows More Affordable

Potential Settlement in Next Month in Grainger Lawsuit

Industrial Production Falls 0.2% in May

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