Environment

In the 1987 movie "Wall Street," the archetypal corporate villain Gordon Gekko memorably argues that “greed is good”—and that the bottom line is the only good a dutiful company need pursue. Thirty years on, Ethisphere Institute has announced 124 companies spanning five continents, 19 countries and 52 industry sectors as the 2017 World’s Most Ethical Companies honorees. Of these, four are in the category of Industrial Manufacturing: 3M Co., Deere & Co., Milliken & Co. and Timken Co. Kennametal Inc., Latrobe, Pa., is the only honored company in the category of Machine Tools and Accessories.

In October 1977, the Cortec Corp. developed vapor phase corrosion inhibitors (VpCIs) that allow clean, dry, more environmentally friendly methods of corrosion protection for multi-metals. At a time most companies still relied on inorganic chemistries, Cortec established its first groundbreaking technological platform of organic corrosion inhibiting chemistries.

Cerasis, a transportation-management company that works with the manufacturing industry, recently shared a list of manufacturing-technology trends that it says are growing in importance. Among them are green manufacturing, IIoT and computer analytics.

For the 2020 Olympics and Paralympic games in Tokyo, recycled electronics will be used to make the needed 5,000 medals.

The Occupational Safety and Health Administration (OSHA) has issued a final rule to prevent chronic beryllium disease and lung cancer in U.S. workers by limiting their exposure to beryllium and beryllium compounds. The rule contains standards for general industry, construction and shipyards.

Heller Machine Tools, Troy, Mich., is the first manufacturer to finance energy upgrades through a 2010 program authorized by the state of Michigan that allows municipalities to fund energy-efficiency improvements through a special assessment on a property. 

Jarvis Cutting Tools is constructing a 500W AC solar panel array in front of its property in Rochester, N.H. Jarvis President Costikyan Jarvis said the solar project will help the company cut production costs and capitalize on incentives for producing solar energy, according to a report on fosters.com.

IKONICS Corp., a Duluth-based imaging technology company, announced today that IKONICS Precision Abrasive Machining capabilities align with NASA test results to reduce aerodynamic drag on acoustic jet engine liners.

According to the U.S. Energy Information Administration, manufacturing accounts for one-fifth of the annual energy consumption in the United States—approximately 21 quintillion joules (20 quadrillion BTU) or equivalent to 3.6 billion barrels of crude oil. To reduce this staggering amount and improve sustainability, manufacturers need to accurately measure and evaluate consumption of energy and materials, as well as environmental impacts, at each step in the life cycles of their products.