The tragically horrific events of early October in Israel are unparalleled in the 21st century for the global Jewish community. Not since the Holocaust have so many Jews been targeted and killed simply for being who they were. The tragedy was not limited to Israelis. A minor fraction of the deceased were US citizens. As of October 13th, the death toll of US citizens stands at 27, with 17 still missing. Arutz Sheva reports that this ranks as the fourth deadliest assault on US civilians by foreign entities in history, following 9/11, the 1992 bombing of Pan Am Flight 103, and the 2016 ISIS attack on an LGBTQ nightclub in Orlando. Surplus Record resolutely condemns the appalling violence and terrorism inflicted upon Israel by Hamas and its allies, including Iran. Our hearts go out to the grandparents, parents, teenagers, children, and … [Read more...] about Terrorism, the US Corporate Response, and Economic Implications
Industry News
How Equipment Resellers Are Powering the Industrial Circular Economy
Guest Blog Post by Fiona Chan The Introduction of the Industrial Circular Economy The problem of industrial waste has been a long debated topic since the industrial revolution. While the advances in technology have enabled a higher standard of living for us, the amount of waste created from manufacturing, transporting and ultimately disposing of products, machinery and equipment no longer used has sparked global concern on the negative impacts on future generations. In the US alone, It is estimated that each year, 7.6 billion tonnes of industrial waste is generated. As the industry continues to grow, it is clear that a solution is needed to ensure sustainable growth to drive resource usage efficiency and decrease environmental impact. These concerns have helped elevate the concept of the industrial circular … [Read more...] about How Equipment Resellers Are Powering the Industrial Circular Economy
July 2024 – Tupperware Brands Leaving USA for Mexico: A Growing Trend in Manufacturing Relocation
Earlier this month, Tupperware Brands revealed its decision to shutter its last remaining U.S. manufacturing plant inHemingway, South Carolina, and shift production to Mexico. This move, which will result in the loss of approximately 148 jobs,has raised concerns about the increasing trend of U.S. manufacturers relocating operations to Mexico. Tupperware cited a"multi-year strategy to simplify its supply chain" as the reason for this decision, with plans to transition manufacturing to itsexisting plant in Lerma, Mexico. Why Tupperware and Others are Choosing MexicoTupperware's decision reflects a growing trend among U.S. manufacturers to relocate to Mexico for various reasons, including: … [Read more...] about July 2024 – Tupperware Brands Leaving USA for Mexico: A Growing Trend in Manufacturing Relocation
Retrofitting & Upgrading Old Transformers: Extending Lifespans
As the backbone of electrical power systems, transformers play a crucial role in ensuring reliable energy distribution. However, like all machinery, transformers age and face wear and tear, potentially leading to inefficiencies or failures. Retrofitting and upgrading old transformers offer a cost-effective solution to extend their lifespans, enhance performance, and meet modern standards. This approach helps maintain optimal functionality and supports sustainability efforts by maximizing existing infrastructure use. In this guide, we'll explore the benefits, processes, and considerations involved in retrofitting and upgrading aging transformers to ensure they continue to serve efficiently for years to come. What is Retrofitting a Transformer? Retrofitting a transformer involves updating and enhancing its components … [Read more...] about Retrofitting & Upgrading Old Transformers: Extending Lifespans
Manufacturing: Surviving Inflation, Supply Chain and Stock Market Woes
The Oxford English Dictionary defines survival, “as the state of continuing to live or exist, often despite difficulty or danger.” Many manufacturers in the quarters to come may find themselves in a survival state given a combination of sector dependent inflation/deflation, inventory challenges, employment woes, supply chain disruptions and declining consumer demand. And those lucky ones which do emerge partially or fully unscathed would do well to prepare for the worst even if they emerge among the best. Surviving -- let alone thriving -- in this climate will be easier said than done. And it will require looking beyond the headlines. For example, it would be easy to read a popular business newspaper, magazine, or online journal in June of this year, and believe that we were still living through unbridled economic inflation across what … [Read more...] about Manufacturing: Surviving Inflation, Supply Chain and Stock Market Woes
