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Sturbridge Mass Meeting   (4)[1] New England Chapter Meeting – Testimonials/ Recap February 24, 2017 - On February 16th MDNA’s New England Chapter met in Putnam, CT for a manufacturing tour of Phillips-Moldex Company followed by a chapter dinner meeting with special guests from The Smaller Manufacturers Association of CT: Doug Johnson, President of Marion Manufacturing, Board Member of the SMA, Chairs the SMA Education Committee, Ronald Turmel, Vice President and General Manager, H&T Waterbury, Inc., Board Member of the […]
TRUCKERS-AND-RIGGERS-COVER- copy Truckers & Riggers and Technical Services Online Directory – Updates now being accepted November 8, 2016 - The MDNA Truckers & Riggers Directory and Technical Services Directory lists companies recommended by MDNA member firms. This directory is an invaluable resource for member-recommended trucking, rigging, storage, and brokering services and is available on the “Members Only” page of the MDNA website. Click here to download the Truckers & Riggers Directory Recommendation Form. Please […]
Fishing copy Young Guns of MDNA, Meet John Butz November 2, 2016 - Meet Resell CNC’s CEO and Chairman of the MDNA Southern Regional Chapter, John Butz. John’s hardworking, dedicated work ethic allows him to not only run day-to-day operations of his own business, but also sit on two MDNA committees and the Board of Directors. While being heavily involved in the MDNA and his own business, he […]
Cincinnati Hydraulic Press Brakes Mechanical, Hydraulic, and now Electric Press Brakes. Which is best for me? October 31, 2016 - Written By: Adam Mattes, V.P. Sterling Machinery Exchange (MDNA Member Firm) One of the most popular questions we hear at Sterling Machinery Exchange is… What type of press brake do I need?  Most people are price conscious but want to make sure that they have enough capacity, proper controls and the correct safety gear to do […]
IMG_1534 Here’s what you missed at MDNA’s Chicago Chapter Dinner in Chicago this year… September 26, 2016 - The MDNA Chicago Chapter/IMTS event was a huge success.  With over 220 attendees it was one of the largest chapter events to date.  Many thanks to all of the sponsors who helped make this event possible.  Please take some time and review this very powerful list of companies who contributed to making this evening one […]
INC5000-september-2016-cover_402[1] copy MDNA Member Firm, Makes Inc. 5000 List of America’s Fastest Growing Companies August 31, 2016 - FOR IMMEDIATE RELEASE, August 31st 2016 Resell CNC Auctions for the third year straight has been on Inc. 5000 List of America’s Fastest-Growing Companies Orlando, FL – Resell CNC Auctions (Machinery Dealers National Association Member Firm) for the 3rd year in a row has been named by Inc. 5000. At #3,871, Resell CNC Auctions has […]
From: Automated Assembly Corporation
Workcell examples: In the manual form(left), two dedicated operators per shift costs $270,000 per year. The automatic form (right) allows for added capital investment and one-eighth of an operator costs $32,000 per year. Plastics manufacturing automation trends rapidly expanding July 7, 2016 - By Don Rosato via MultiBrief Note: This is the first of a three-part series covering plastics manufacturing automation (1)trends, (2) material/process advances and (3) applications. The business dynamics of plastics manufacturing automation technologies are rapidly advancing. Trends in labor and energy are having a fundamental impact on plastics processors businesses. To effectively compete internationally and defend/expand established […]
eu_flag_2 Britain Votes to Leave the EU, Review by: European MDNA Member Firm June 27, 2016 - Review By: John Marshall of MDNA Member Marshall Machinery Ltd.  The Results are in: We are OUT  ::  Cameron to Stand down in three months. £ has dropped to lowest level: : House Builders share have a dramatic fall. Having sat up through the night to watch the counts come in, it is clear that […]
Bob Yeoman New England Chapter Tours the Famous Fenway Park June 22, 2016 - MDNA’s New England Chapter met on June 9th 2016 for a very unique and special experience touring the famous Fenway Park in Boston, MA. The chapter dinner meeting followed the tour at the local Tony C’s Sports Bar & Grill. A special thank you to Paul Gedenberg with BayState Riggers & Millwrights (Machinery Movers + Auction […]
Adam Young Gun 2edit2 Meet MDNA’s newest Young Gun, Adam Herman June 6, 2016 - Get to know MDNA’S newest Young Gun, Adam Herman of MDNA Member Firm, Prestige Equipment Corp. Read his own words as he talks about how he got into the industry, hobbies, family, and the machinery business itself. When I met my wife Arielle, I had no idea that I would eventually work with her father, Terry Lashin, […]
IMG_0209 75th Annual Convention & Business Meetings Re-Cap May 25, 2016 - A Huge Thank You to our Sponsors for helping to make this year’s 2016 Annual Convention celebrating our 75th Anniversary special!  See all sponsors displayed below MDNA’s 75th Anniversary Convention & Business Meeting was held at The Broadmoor in the Pikes Peak region of Colorado Springs, Colorado on May 5th-8th, 2016. There were over 175 attendees who participated in […]
LSIWaveLogo_withtagline_2015_01Sml Liquidity Services – MDNA Online Auction Partner – 2016 2nd sale Announcement May 10, 2016 - MDNA/Industrial Manufacturing Equipment Market Sale 2 for 2016 is coming soon.  As previously communicated,  the MDNA has partnered with Liquidity Services to provide a free online auction program exclusively for MDNA members.  List your own assets, set reserves if necessary; Liquidity Services will market the sale, invoice and collect the proceeds and send you a […]
Troy Clark, Clark Machinery Sales, LLC, Bruce Baggar - North American Millwright Services, Inc. Mark Robinson recaps highlights from the Philly Chapter Meeting April 8, 2016 - From Philadelphia Chapter Meeting, Thursday March 31st I had a fantastic time attending the Philadelphia Chapter meeting in Baltimore, MD at MDNA Premier Vendor North American Millwright’s facility.  Once again the value that our Premier Vendors bring to the MDNA was on full display.  Chief Executive Officer and Founder Bruce Baggan and his team hosted […]
david p techincal article 1 Why you should be using a Shredder/Granulator System to recycle your Plastics April 5, 2016 - By David Pietig, General Manager/Certified Equipment Appraiser, Arlington Plastics Machinery, Inc. (MDNA Member Firm) The normal practice used to be to recycle your plastic products in a shredder only if the size, density or type of product required it.  Now more and more processors are using a shredder before the granulator if there is any risk […]
proform Which Cincinnati Press Brake Model Is Best for You? March 8, 2016 - Written By: Adam Mattes, V.P. Sterling Machinery Exchange Goform- NEW Electric Press Brake This new technology uses servos to power the ram. This allows for a super high repeat-ability of±0.0002” with repeat-ability day in and day out. It is completely electric and when it is between moves it is silent. The Goform is the perfect solution for small parts […]
LiquidityLogo Liquidity Services – MDNA Online Auction Partner – 2016 1st sale Announcement February 11, 2016 - MDNA/Industrial Manufacturing Equipment Market Sale 1 for 2016 is coming soon.  As previously communicated,  the MDNA has partnered with Liquidity Services to provide a free online auction program exclusively for MDNA members.  List your own assets, set reserves; Liquidity Services will market the sale, invoice and collect the proceeds and send you a check/wire. Best […]
LiquidityLogo Liquidity Services – MDNA Online Auction Partner – 2016 1st sale Announcement February 1, 2016 - MDNA/Industrial Manufacturing Equipment Market Sale 1 for 2016 is coming soon.  As previously communicated,  the MDNA has partnered with Liquidity Services to provide a free online auction program exclusively for MDNA members.  List your own assets, set reserves; Liquidity Services will market the sale, invoice and collect the proceeds and send you a check/wire. Best […]
MARK Rogo Former Longtime MDNA Member Publishes Novel, 23 HOURS January 21, 2016 - Mark Rogo, a former used machinery dealer and longtime member of the MDNA has just published his first novel, titled 23 Hours. Mark, who once owned Morton Machinery Company transformed it from a stocking dealer to a multifaceted company with divisions in leasing, new machinery sales, asset-based lending, and controlled liquidations. You can check out Mark’s […]
0111circuitboard Report: US will surpass China as top manufacturing country by 2020 January 19, 2016 - By Alan Kelsky via Multiview Posted, January 19, 2016 On Jan. 4, Reuters rang in the new year with a report stating the United States manufacturing and construction sectors can both look forward to “tepid growth.” However, a report issued by Deloitte Touche Tohmatsu and the U.S. Council on Competitiveness — “2016 Global Manufacturing Competitiveness Index” — […]
(photo courtesy of NASA) MDNA Member Firm’s surplus used on multiple film sets January 14, 2016 - Through the years, a number of film set decorators have purchased items from (MDNA Member Firm) HGR’s showroom for use on the sets of films being shot in Cleveland, including Captain America and The Avengers. One designer stumbled across HGR about four years ago while trying to track down electrical waste (aka computers) for use […]
oprah 5 Oprah Winfrey’s Studio gets Auctioned off by MDNA Member Firm January 5, 2016 - By Paul Finn,  Joseph Finn Co. Inc.  Oprah Winfrey. Not a name you usually associate with auctions. Definitely not a name you associate with industrial auctions. But this year Oprah’s Harpo Studio sold off millions of dollars of state-of-the-art equipment in a two day auction conducted by (MDNA Member Firm) Joseph Finn Co. Auctioneers. As with […]
john josko Members Share Valuable Lessons Learned for 2016 January 4, 2016 - As we make our way into the NEW YEAR of 2016, it’s important to look to the past to see what lessons can be gleaned. We asked a few MDNA members to tell us something important they’ve learned. Here’s what they had to say… Over the years in this industry I have learned that you […]
erik macs New Director of Sales for Wire and Plastic Machinery Corp. December 21, 2015 - MDNA Member Firm, Wire and Plastic Machinery Corp. hires Erik A. Macs as the new Director of Sales of Bristol, CT. Mr. Macs has over 25 years of experience in wire and cable machinery sales. Previously, he had been involved with ebeam crosslinked wire materials research at Judd Wire, blown film packaging manufacturing at Union Camp, extrusion and […]
government Section 179- President Signs Tax Extenders Bill December 18, 2015 - Posted: 12/21/15 On Friday December 18, President Obama Signed the $1.8 Spending and Tax Bill Into Law.  Earlier on Friday, the Senate gave final congressional approval to the bill, which includes nearly $700 billion in tax breaks. The legislation extends more than 50 expiring tax cuts, with more than 20 becoming permanent, including increasing the maximum amount […]
government The Section 179 Roller Coaster May Be Coming to an End December 17, 2015 - “The House is set to vote this week on Speaker of the House, Paul Ryan’s sweeping $1.6 Trillion dollar budget deal.  If the current bill (H.R. 2029 Protecting America from Tax Hikes Act of 2015) passes, the yearly battle to get increased expensing limits under the IRS section 179 will finally be over.  The bill […]
IMG_2420 MDNA Tri-Chapter Meets in Atlantic City—Meeting Re-CAP December 16, 2015 - On December 3rd MDNA’s Philadelphia, New York/New Jersey and New England Chapters hosted their annual Tri-Chapter meeting.  This year’s meeting took place at the Borgata in Atlantic City, New Jersey.                       Here’s what some of the MDNA members who attended had to say about this […]
IMG_2330 Recap: Fall Southern Regional Chapter Tour December 8, 2015 - On November 12th, 2015 MDNA’s Southern Regional Chapter met for an action packed three day outing spanning parts of North & South Carolina featuring a golf outing, multiple machinery warehouse tours and even a football game and tailgate! On day one the group kicked the event off with a fun golf outing courtesy of MDNA Member Firm, Asset […]
NAM Urges Congress To Make Small-Business Tax Breaks Permanent December 7, 2015 - NAM Urges Congress To Make Small-Business Tax Breaks Permanent The Business Journals’ (12/1, Hoover) Washington bureau predicts lawmakers this month will raise, as they did in December 2014, the limit under current law for small businesses to take advantage of a tax break known as Section 179 expensing. However, “business groups want Congress to end […]
2 Axis CNC retrofit Bridgeport Mill T. J. SNOW Donates 2-Axis CNC Retrofit Bridgeport Mill to Benefit Austin D. Lucas Scholarship Fund December 4, 2015 - MDNA Member Firm, T. J. SNOW will donate 100% of the proceeds generated from the auction of a 2 – Axis CNC Retrofit Bridgeport Mill (this is a surplus mill from their own machine shop) to the  Austin D. Lucas Scholarship Fund. Tom Snow understands the benefits of giving back through the ADLSF and challenges all […]
Mexico flag Rising salaries prompt China to send factory jobs to Mexico November 24, 2015 - By Chelsea Adams via MultiBrief  Mexico is accustomed to foreign direct investment. In 2014, Mexico received $22.6 billion in foreign direct investment, with the U.S. being the single biggest contributor. The trend for Mexico is continuing as companies from around the globe look to the country for cheap labor and low production costs. In recent months, several […]
CNC Control for a Vertical Milling Machine What is the best Vertical Milling Machine I can buy Today? Is a Bridgeport Milling Machine still the best? November 16, 2015 - What is the best Vertical Milling Machine I can Buy Today?  Is a Bridgeport Milling Machine still the best? That is a very difficult question to answer.  With thousands of manufacturers building Vertical and Horizontal milling machines today it is tough to find a good one.  Many are from China, Taiwan or both. The originator of […]
wwp2011crop MDNA launches new webinar series -“Lunch & Learn” November 6, 2015 - MDNA is excited to introduce a new webinar series called “Lunch & Learn!”  MDNA is very proud of the educational opportunities that we have made available through: Convention programming, WWTP, B.O.S.S. and articles within our news publications. With this new member benefit, you can take advantage of the expanded educational offerings in both industry relevant and general business […]
Weekend With The Pros, MDNA Weekend With The Pros 2015 Leaves a Lasting Impression October 26, 2015 - MDNA’s popular Weekend With The Pros was held October 15th -18th 2015, in Milwaukee, Wisconsin.  The event kicked off on Thursday with a B.O.S.S. seminar. Participants reported leaving with many good implementable takeaways.  The B.O.S.S. was moderated by Joe Lundvick, MDNA First Vice President, of Perfection Machinery Sales Inc.  Attendee Steve Beck of Automatics & […]
manufacturing What is the true state of manufacturing in the United States? September 29, 2015 - By Alan Kelsky Monday, September 28, 2015 via MultiBriefs  Experts in manufacturing hold differing opinions about how well the sector is doing since the Great Recession. In fact, the same sources tend to be schizophrenic about the manufacturing sector’s progress. For example, CNBC ran a story on June 10 entitled, “Is there a renaissance in US manufacturing? […]
gI_121942_HGR_LOGO_W_TEXT HGR Industrial Surplus to Dedicate Nickel Plate Station in Euclid on October 1: Renovated Former Site of GM Fisher Body Plant in Euclid Gets a $10 million Face Lift September 21, 2015 - HGR Industrial Surplus (MDNA member firm) will celebrate the dedication of Nickel Plate Station, the former site of the GM Fisher Body Plant (Source: November 14, 2015 – Crain’s Cleveland Business) and longtime home of HGR Industrial Surplus, Inc. HGR’s ownership group expects to spend $10-12 million on structural renovations and updates during the coming year. To […]
University of Central Arkansas Center for Research in Economics Arkansas shows how regulations can stymie manufacturing growth September 15, 2015 - By Alan Kelsky via MultiBriefs  In 2004, Arkansas’ manufacturing industry was ranked 34th in the United States. A decade later, it was still stuck at 34th. As the state’s Economic Development Commission tries to woo new business with promises of a skilled workforce and business-friendly environment, folks who have studied manufacturing in Arkansas disagree. When the United […]
AWS social post MDNA Member Firm featured in AWS Interview September 1, 2015 - American Welding Society(AWS) recently visited MDNA Member Firm, T. J. Snow Company to record #resistance #welders in action! Shared by Machinery Dealers National Association on Tuesday, August 25, 2015       What is the Resistance Welding School? Originally Posted by American Welding Society on Wednesday, August 19, 2015 bandovetinh
EMAIL-SPOOFING Email Spoofing Alert, Best Practices and Security September 1, 2015 - E-mail spoofing is the forgery of an e-mail header so that the message appears to have originated from someone or somewhere other than the actual source. Security recommendations include: If you have an IT Department: There is an “SPF” or Sender Policy Framework record in place for the MDNA.ORG domain.  An SPF record isa DNS […]
Weekly Economic Commentary image FORECAST FOR CLEAR SKIES August 28, 2015 - LEI STILL SHOWS LOW ODDS OF RECESSION Weekly Economic Commentary By John J. Canally, Jr., CFA Chief Economic Strategist, LPL Financial   Last week, global equity markets, including in the U.S., were driven lower by a variety of fears, most notably the weakness in China’s economy and financial markets, as well as the Chinese government’s response (or lack thereof). As […]
economic image 81015 GLOBAL GDP TRACKER: SUMMER 2015 EDITION August 18, 2015 - Market participants and the financial media have recently been hyper focused on the sell-off in Chinese equity prices, the sluggish pace of the Chinese economy, and the implications of both for global growth. The results thus far suggest that global growth in 2015 is indeed accelerating versus 2014. We last wrote about global growth in mid-July 2015 (“Gauging Global Growth: […]
RESELL CNC in Inc. 500 Magazine MDNA Member Firm, RESELL CNC Recognized as the 108th Fastest Growing Company August 14, 2015 - FOR IMMEDIATE RELEASE, August 14, 2015 Washington, D.C.- MDNA Member Firm, RESELL CNC was recognized by Inc. Magazine as the #108th Fastest Growing Company in the US for the second year in a row. As a second time honoree they’ve joined an exclusive group of companies such as Microsoft, Zappos, Under Armor, Intuit, and GoPro.  […]
world-map-white Export-Import Bank, The Debate Rages On August 3, 2015 - Washington, D.C., Government Affairs Update- August 3, 2015  Fan or not of the Export-Import Bank, the debate rages on.  The Charter for the Export-Import Bank expired in June. NAM and other business groups are pushing for the reinstatement of Ex-Im sighting American business’s disadvantage in the global market place without this tool. Opponents of the Ex-Im […]
car2 d troutman Joint Ventures with MDNA July 16, 2015 - A story of how Members work together in ways you would not think By Mark Robinson, Executive Vice President, MDNA This mantra proves itself to be true time and time again and sometimes in ways that surprise us.  On a recent trip to Columbus Ohio to follow one of my passions, I attended a large […]
flash player dies Flash Goes BYE BYE July 16, 2015 - What You Need to Know: How this could affect your Machinery Sales and your everyday online surfing On July 13th Mark Schmidt, Head of Firefox Support, took to Twitter to announce the news… Mozilla has announced that all versions of Flash are temporarily blocked “by default” in Firefox until Adobe releases a more stable version. Users […]
econom 71515 GAUGING GLOBAL GROWTH July 15, 2015 - AN UPDATE FOR 2015 & 2016 Weekly Economic Commentary by John J. Canally, Jr., CFA Chief Economic Strategist, LPL Financial  The market continues to expect that global gross domestic product (GDP) growth will accelerate in 2015, 2016, and 2017, aided by lower oil prices and stimulus from two of the three leading central banks in the world. The prospect […]
mauro young gunS Young Guns: Meet Mauro Damino July 14, 2015 - MDNA’s next featured Young Gun is a travel-thirsty, Spanish-speaking machinery dealer who believes his family’s business, MDNA member firm, Tramar Industries, Inc. (based in Novi, MI) has a competitive advantage in the industry due to their Argentine beginnings. Mauro says “Our family moved from Argentina to Michigan in 1990, and my father had always worked […]
market 7.8.15 GREECE PLAYBOOK July 10, 2015 - By Burt White Chief Investment Officer, LPL Financial Jeffrey Buchbinder Market Strategist, LPL Financial Weekly Market Commentary, July 10, 2015 Greece’s critical referendum took place this weekend and the Greek people resoundingly voted “no” — rejecting the latest bailout deal from creditors. The referendum result, which some interpreted as a vote to exit the Eurozone, throws Greece’s future […]
Weekly Economic Commentary image THE FED AFTER THE “NO” July 9, 2015 - By John J. Canally, Jr., CFA Chief Economic Strategist, LPL Financial Weekly Economic Commentary, 7/9/2015 The “no” vote in the Greek referendum on July 5, 2015, will potentially raise the level of economic and financial market volatility in the coming weeks as global investors assess the market and economic risks associated with an increasingly likely Greek exit (Grexit) […]
file8551271716475 What Makes You Proud to be American? July 2, 2015 - On this Independence Day, commonly known as the Fourth of July where the United States commemorates the adoption of the Declaration of Independence, declaring our independence we are PROUD to be Americans. We are Proud for the rights we have and everything that we have worked so hard for as a nation. Here are just a few things that […]
kevin brewster presenting new membership plaque 2015 New England Chapter Rallies Excitement In Members July 1, 2015 - MDNA’s New England Chapter has been targeting members of other chapters to attend their meetings with the objective to make more “deals” together. On June 18th they met with MDNA members from across the USA to kick things off with a tour of member firm Gold Machinery Group followed by dinner at Via Roma Italian Restaurant, where the meeting […]
OLYMPUS DIGITAL CAMERA Young Guns: From Hollywood to Machinery- Chuck Radtke June 30, 2015 - MDNA’s next Young Gun first came onto the machinery scene 5 years ago after leaving Hollywood and the movie production industry behind to start a family.  Chuck Radtke, now with Wisconsin Metalworking Machinery, Inc., reminiscences on his former life… “I worked in Hollywood on several live action feature films on the production side.  My first […]
MDNA NEWS 2015 SUMMER COVER IMAGE MDNA NEWS 2015 SUMMER EDITION June 22, 2015 - The 2015 SUMMER edition of the MDNA News has been published! IN THIS ISSUE: THE NEW BOARD, COVER STORY- THE YEAR OF WOMEN IN MACHINERY, SPONSORS, NEW MEMBERS AND MORE….
uscapitol-washingtondc-picture1 Trade Promotion Authority, Government Update June 12, 2015 - Washington, D.C. – Government Update –Friday, June 12, 2015, our elected officials are preparing to vote on the Trade Promotion Authority Act of 2015 (TPA) and the Trade Adjustment Assistance Act (TAA) of 2015.   Machinery Dealers National Association (MDNA) association partner and voice in Washington, NAM (National Association of Manufacturing) is calling for passage of […]
6815 market ACA RULING COULD MAKE HEALTHCARE SECTOR MORE AFFORDABLE June 12, 2015 - By Burt White Chief Investment Officer, LPL Financial Jeffrey Buchbinder Market Strategist, LPL Financial Weekly Market Commentary, Posted June 12, 2015 The upcoming Supreme Court decision regarding premium subsidies for the Affordable Care Act (ACA, aka Obamacare) may create a buying opportunity for the healthcare sector. We believe the odds favor the status quo (all subsidies legal regardless […]
682015 BEIGE BOOK: WINDOW ON MAIN STREET June 9, 2015 - By John J. Canally, Jr., CFA Chief Economic Strategist, LPL Financial Weekly Economic Commentary, May 9, 2015 BEIGE BOOK SUGGESTS CONTINUED MODEST ECONOMIC GROWTH The latest Beige Book suggests that the U.S. economy is still growing at a pace that is at or above its long-term trend, indicating that some of the “transitory factors” that held the U.S. […]
online marketing whitepaper Marketing How-To’s for Equipment Dealers June 2, 2015 - Dealers how frustrated do you get trying to keep up with the ever-changing marketing trends in order to compete? We found these excellent whitepapers (specifically designed for equipment dealers) provided by EDA (Randall-Reilly) and we recommend you take a look! The first is titled, Marketing 101: An Overview Dealer Marketing 360 Series | 1 of 6: via EDA […]
Bill Right Forest Young Guns of MDNA, Introducing Bill Melvin Jr. May 27, 2015 - Bill Melvin Jr. owner of MDNA member firm, Liquid Asset Partners, LLC is a family man with three young children and baby number four due this coming September. When asked if this was a family business Bill replies “Yes, I have grown up in the business helping move around equipment and stirring the pot since […]
Pawtucket Times U.S. Secretary of Labor Tom Perez visits MDNA Member Firm May 21, 2015 - David Gold from MDNA member firm Gold Machinery Group gave a tour of his facilities to U.S.  Labor Secretary Thomas Perez, U.S. Rep David Cicilline, Senator Jack Reed, Congressman Jim Langevin, State Senator Gayle Goldin, RI Department of Labor and Training Director Scott Jensen, Rhode Island AFL-CIO President George Nee and District 1199 SEIU Executive Vice President Patrick Quinn on Friday, April 24, 2014.  These representatives visited both of Gold’s facilities, […]
LiquidityLogo Liquidity Services MDNA Online Auction Partner May 21, 2015 - MDNA has partnered with Liquidity Services to provide a free online auction program exclusively for MDNA members. You list your own assets, set reserves; we market the sale, invoice and collect the proceeds and send you a check/wire. Best of all, there is no charge to members who choose to participate! There will be (3) […]
Job Openings and
Labor Turnover Survey (JOLTS) report for March 2015. WATCHING WAGES May 13, 2015 - By John J. Canally, Jr., CFA Chief Economic Strategist, LPL Financial Weekly Economic Commentary, May 13, 2015 The April 2015 Employment Situation report (released on Friday, May 8, 2015) indicated that the labor market bounced back in April 2015 after a difficult March, but that wages — as measured by average hourly earnings — remained tepid, up just […]
IMG_0270 Re-Cap on MDNA’s 74th Annual Convention- Washington, D.C. May 11, 2015 - Looking to see what you missed at this year’s convention?  Get the presentation slides, video clips and photos in this Re-Cap of MDNA’s 74th Annual Convention (April 23rd-26th 2015) in Washington, D.C. READ THE CONVENTION PRESS RELEASE HERE Programming at Convention: If you missed the Programming during convention and you are a member of MDNA […]
IMG_0450 MDNA WELCOMES NEW PRESIDENT May 11, 2015 - FOR IMMEDIATE RELEASE , MAY 11, 2015 MACHINERY DEALERS NATIONAL ASSOCIATION WELCOMES NEW PRESIDENT at 74TH ANNUAL CONVENTION & BUSINESS MEETING WASHINGTON, D.C. —– Kim Khoury of member firm Action Machinery, Inc. was elected as the Association’s second female president during MDNA’s 74th Annual Business Meeting & Convention held in Washington, D.C.’s Historic Renaissance Mayflower Hotel April […]
OLYMPUS DIGITAL CAMERA YOUNG GUNS OF MDNA, MEET WILLIAM May 4, 2015 - William Culp, CFO, Pearl Equipment Company, AEA, MDNA Southern Regional Chapter Vice Chairman He’s a good ole southern boy from Tennessee with a finance background and a love for his cattle and the countryside. He’s been working with the family machinery business, Pearl Equipment Company, for the last eight years in strategic planning roles or on the […]
Do forecasts really matter in the manufacturing sector? May 4, 2015 - By Alan Kelsky via Multibriefs, Monday May 4, 2015 With so many factors in play, forecasting for a wide-ranging field like manufacturing is never easy. Yet many organizations from the government to the private sector make predictions almost every day. What we see in the results are a variety of expectations — and revisions — for how manufacturing […]
Photo courtesy of Wikipedia In honor of the 40th Anniversary marking the fall of Saigon- An MDNA member and Veteran reflects April 30, 2015 - Posted: April 30, 2015 I was reminded of something driving to work today. Forty years ago today, Lt.(jg) Conroy was Officer of the Deck on the 550 Foot long USS Vancouver (LPD 2) steaming in slow circles in a 2 mile x 2 mile quadrant  off the coast of South Vietnam. My main job was […]
Photo Credit: Credit Source :	http://de.academic.ru/dic.nsf/dewiki/1490338 22 Fun Things to do in D.C. during MDNA Convention! April 21, 2015 - 22 Fun Things to do in D.C. when your not busy during the‪ #‎MDNAConvention‬ this week! Visit places like the Lincoln Memorial, Library of Congress, Arlington National Cemetery, National Archives, Supreme Court, Vietnam Veterans Memorial Wall, National Portrait Gallery, and walk the National Mall. Check out performances at the famous Kennedy Center, Arena Stage, Shakespeare […]
chapter logos MDNA MDNA RECEIVES GENEROUS CONVENTION SPONSORSHIP April 13, 2015 - FOR IMMEDIATE RELEASE, APRIL 13, 2015 WASHINGTON, D.C.- Machinery Dealers National Association recognizes the MDNA Philadelphia Chapter  for their generous contribution for this year’s upcoming 74th Annual Convention & Business Meeting in Washington, D.C. The Philadelphia Chapter has made this contribution in honor of and in anticipation for the incoming MDNA President (one of their own Philadelphia Chapter […]
Premier-Vendor thumbnail MDNA and Direct Capital: A Well-Tooled Relationship April 13, 2015 - A special message from Direct Capital (MDNA Premier Vendor) to MDNA members… Direct Capital’s relationship with the MDNA goes way back. Since 2005, Direct Capital has been the company most MDNA dealers have turned to when their customers have needed financing. A decade later, our relationship is still going strong. We are proud to have […]
5 ways to improve employee engagement April 8, 2015 - Written By Michael J. Berens via Multibriefs Companies worldwide are grappling with how to increase employee engagement. It is estimated that in the U.S. alone, employee disengagement costs the economy as much as $500 billion per year. A 2013 Gallup study of the global workplace involving 25 million employees in 142 countries found only 13 percent of workers […]
carl davis young guns 3 building Young Guns of MDNA, Meet Carl Davis April 2, 2015 - He is one of the MDNA’s newest members—just joining in January of 2015. An ambitious, young, marketing, tech-savvy, machinery dealing entrepreneur, Carl Davis, is the founder of the new Georgia base industrial equipment company, The Equipment Hub and we know he’ll be bringing some fresh energy into this Association with his background. Carl says “I started […]
cw wood machinery C.W. Wood Machinery, Inc. hires new Director of Outside Sales and Marketing March 26, 2015 - (March 18, 2015) —- C.W. Wood Machinery, Inc. (an MDNA member firm) is pleased to announce that Dave Edwards has recently joined their company as Director of Outside Sales and Marketing. Dave comes to C.W. Wood with over 40 years of professional experience in the metalworking industry including 30 of those years in various leadership […]
Weekly Economic Commentary image FORECAST FOR CLEAR SKIES: LEI SHOWS LOW ODDS OF RECESSION March 25, 2015 - By John Canally, CFA Chief Economic Strategist, LPL Financial Weekly Economic Commentary, March 23, 2015 Without question, the key event for financial markets last week (March 16 – 20, 2015) was the Federal Reserve’s (Fed) decision to remove the word “patient” from its policy statement, putting market participants on watch for a rate hike later this year. But, as […]
U.S. Dollar index and EUR-USD currency spot exchange rate trends moving in opposite directions THE DOLLAR’S RIPPLE EFFECT March 25, 2015 - By Burt White Chief Investment Officer, LPL Financial David Tonaszuck, CMT Technical Strategist, LPL Financial Weekly Market Commentary In technical analysis, “intermarket analysis” looks at the way in which various markets interact. Intermarket analysis primarily looks at four market sectors: currencies, commodities, bonds, and stocks. From a technical analyst’s perspective, focusing our attention on only one market without considering […]
0312longbeachport February shows slowing growth in US manufacturing — Will it continue? March 18, 2015 - By Alan Kelsky via Multibriefs  Economic headlines this month announced that the rejuvenation of the United States manufacturing sector is on the skids. But is manufacturing declining, or is this merely a blip on the radar? According to the latest research by the Institute for Supply Management, factory activity in February fell from 53.5 in January to 52.9 […]
KB crop email Young Guns of MDNA, Brewster March 18, 2015 - In high school and adolescent years in his small hometown of Sandusky Michigan he was better known as “Brew Ha,” “Bangin Bear” and “Kiss of Death.”  If you dare to be so bold, you’d challenge him for his title of “fastest pin in wrestling” which was a record 5 seconds time. Kevin Brewster, President and […]
SONY DSC Young Guns of MDNA, Clark March 10, 2015 - Introducing Troy Clark of Clark Machinery Sales, LLC. Troy’s business, Clark Machinery Sales, LLC, is located in a town called Hunt Valley, Maryland, which is approximately three hours south of New York and just over an hour north of Washington, D.C. He’s known to be an early bird, often on the green squeezing in the […]
young guns text 1 Who are MDNA’s Young Guns? March 9, 2015 - There are many new and younger faces throughout our MDNA membership.  This new marketing program aims to introduce the new faces of these companies as well as introduce key people at new MDNA member firms. If you are interested in this incredible “Young Guns” marketing opportunity please reach out to the MDNA office. Stay tuned […]
Market image A VERY DIFFERENT NASDAQ March 4, 2015 - By Burt White Chief Investment Officer, LPL Financial Jeff Buchbinder, CFA Market Strategist, LPL Financial Weekly Market Commentary The Nasdaq Composite just hit 5000 today as this report was going to press and is nearing its all-time record closing high of 5048 set during the peak of the internet bubble in March 2000. The 15-year journey back to […]
3215 THE MISERY INDEX March 4, 2015 - Weekly Market Commentary By John Canally Chief Economic Strategist, LPL Financial THE MISERY INDEX: JUNE 1980 In June 1980, the U.S. economy was just exiting the first of two back-to-back recessions. The June 2, 1980, cover of TIME magazine was “The Big Blowup,” referring not to the awful state of the U.S. economy, but to the recent eruption […]
Capitol_Lights MDNA RECEIVES GENEROUS DONATION February 20, 2015 - FOR IMMEDIATE RELEASE, FEBRUARY 20, 2015 WASHINGTON, D.C.- Machinery Dealers National Association recognizes the MDNA Chicago Chapter for their generous contribution of $5,000 to this year’s upcoming 74th Annual Convention & Business Meeting in Washington, D.C. John Conroy, Chairman – MDNA Convention Committee says, “I cannot tell you how much my entire Convention Committee and I […]
dan wheeler 3 edit Young Guns of MDNA, Wheeler February 20, 2015 - Meet the first of our featured Young Guns, Dan Wheeler of Wheeler Machinery Sales, Inc. A west coast family man, President of Wheeler Machinery Sales, and walker to a furry dog named Elvis, Dan is a car loving, motorcycle riding, boar & bird hunting, football & little league coaching, father of 3 ranging in age from 3 […]
21915 economic infographic GLOBAL GDP TRACKER February 19, 2015 - By John Canally Chief Economic Strategist, LPL Financial  The top 25 global economies make up 90% of global gross domestic product (GDP). Through Friday, February 13, 2015, 13 of these economies (including countries and political unions) have already reported Q4 2014 GDP results, including the four largest economies (U.S., Eurozone, China, and India). As this commentary was being prepared […]
21915 ENERGY SECTOR OUTLOOK: WHAT WE ARE WATCHING February 19, 2015 - Weekly Market Commentary By Burt White Chief Investment Officer, LPL Financial Jeff Buchbinder, CFA Market Strategist, LPL Financial No sector is getting more attention right now than energy. Market participants are attracted to the potential upside after both oil and the energy sector suffered substantial declines in recent months. Many see the sector as cheap, something that is […]
Market 2915 crop EARNINGS SEASON HIGHLIGHTS AND LOWLIGHTS February 11, 2015 - Weekly Market Commentary By Burt White Chief Investment Officer, LPL Financial Jeff Buchbinder, CFA Market Strategist, LPL Financial Despite the massive drag from the energy sector and the negative impact of a strong U.S. dollar, fourth quarter 2014 earnings are on track to exceed the prior Thomson-tracked consensus estimate of 4.2% (as of quarter end on December 31, […]
economic 2915 crop EUROPE: THE ROAD TO RECOVERY? February 10, 2015 - Weekly Economic Commentary By John Canally Chief Economic Strategist, LPL Financial In the wake of the European Central Bank’s (ECB) decision to embark on a bond buying program (quantitative easing or QE), policymakers and investors alike are looking for signs that the program is working. Although it is still too soon to tell — QE in Europe was […]
High or Low multibreifs article Has the oil price hit its floor? February 9, 2015 - By Stefanie Heerwig via Multibriefs  Video credit: Center for Strategic & International Studies Abdulla Al-Badri, secretary general of OPEC, announced this week that oil prices might have reached their floor and could even rise to up to $200 per barrel in the near future. This is a surprising comment, given OPEC’s resistance to decrease its oil production and complaints […]
relationship curve The relationship curve: A different approach to marketing and sales February 2, 2015 - By Randall Craig via Multibriefs  Have you ever felt that you were being “sold” to? Perhaps an over-the-top marketing campaign, or perhaps a slightly-too-pushy salesperson? If so, then you’re not alone. The question, however, is why. And why do organizations so often encourage such off-putting activities? Some of the obvious reasons: The momentum of the past. (“We’ve always […]
FDA 3-D printing outpaces the FDA January 30, 2015 - By Alan Kelsky via Multibriefs The watchdog in the United States for medical devices is the esteemed government agency known as the Food and Drug Administration (FDA). The FDA, however, is flummoxed about how to handle 3-D printing of medical devices.It’s not that the FDA has lost its smarts, it’s just that the 3-D printing technology has spread […]
Steven Feldman_Hilco Industrial Hilco Industrial Hires New Senior VP January 29, 2015 - STEVEN FELDMAN JOINS HILCO INDUSTRIAL (MDNA member firm) AS SENIOR VICE PRESIDENT OF ASSET SALES (January 15, 2015) –   Hilco Global announced today that Steve Feldman is returning to its Hilco Industrial operating unit as Senior Vice President of Asset Sales.  Feldman, who has been running his own firm SJF Auctions LLC since 2013, returns to […]
1.28.15 NO DEFLATING THE U.S. DOLLAR January 28, 2015 - Weekly Market Commentary Burt White Chief Investment Officer, LPL Financial Jeff Buchbinder, CFA Market Strategist, LPL Financial Member FINRA/SIPC Unlike the footballs that the New England Patriots used in the AFC Championship game against the Indianapolis Colts, the U.S. dollar has remained well inflated. The dollar, which has been trending higher for nearly four years now, rose 13% in […]
12815 GAUGING GLOBAL GROWTH January 28, 2015 - AN UPDATE FOR 2015 & 2016 Weekly Economic Commentary John Canally Chief Economic Strategist, LPL Financial The outlook for global growth is important to investors, since it defines the ultimate pace of activity that creates value for countries, companies, and consumers. As investors digest the S&P 500 earnings reports for the fourth quarter of 2014, we provide an […]
Geiss Thermoforming USA Advancing Plastic Thermoforming Technologies January 21, 2015 - — Let’s shape up By Don Rosato, Aldo Crugnola and Nick Schott Wednesday, January 21, 2015 The thermoforming process typically consists of heating thermoplastic sheet, film or profile to its softening point and then forcing the hot, flexible material against the contours of a mold in three ways: pneumatic means — differentials in air pressure are […]
economic pic 1.15.15 DRILLING INTO THE LABOR MARKET January 16, 2015 - Weekly Economic Commentary John Canally Chief Economic Strategist, LPL Financial Last Friday, January 9, 2015, the United States Bureau of Labor Statistics (BLS) released its monthly Employment Situation report, providing financial markets and the public at large with the state of the labor market as 2014 ended. The U.S. economy created another 252,000 net new jobs in December […]
Consumer discretionary (CD) Sector historically has benefited from big drops in oil. THE BRIGHT SIDE OF CHEAP OIL January 16, 2015 - Weekly Market Commentary Burt White Chief Investment Officer, LPL Financial Jeff Buchbinder, CFA Market Strategist, LPL Financial Earnings season is here and, as we wrote in our earnings preview last week (“A Tale of Two Earnings Seasons”), low oil prices and the energy sector will be the market’s main focus. Energy companies begin to report earnings this week, […]
mdna news winter MDNA News Magazine January 5, 2015 - Read the 2017 Winter edition of the MDNA News Magazine online here! Highlights inside the latest issue include: MDNA Convention, MDNA Board Report, NEW Members, AMEA Staff Change and AMEA appraisers Forum!   Read the 2016 Fall Edition of the MDNA News Magazine online here! Highlights inside the latest issue include: Austin D. Lucas Scholarship […]
inc500 (2) RESELL AWARD ReSell CNC Growing Fast December 23, 2014 - Machinery Dealers National Association (MDNA) Member Firm, ReSell CNC was recognized in The 2014 Inc. 5000 Magazine as the #155th fastest growing privately held company in the United States and the #8th fastest growing Business Services Company. ReSell CNC was established in 2008 and is headed by MDNA member, John Butz. ReSell started as a […]
LPL 2015 OUTLOOK 1 Outlook for 2015, LPL Financial December 22, 2014 - Written by Douglas M. O’Rear, AIF®  - Chandler, O’Rear & Associates Looking ahead to 2015, I see a year that will be marked by transitions. Likely changes in monetary policy around the world, the return of volatility, and the recent shift in the political balance of Congress could mean 2015 is a year that will […]
arnold story 1993 - MIX 96 Radio DJ Turned Machinery Dealer December 16, 2014 - MDNA Member Jon Arnold celebrates his 20th Anniversary with Arnold Equipment Company, and shares his interesting beginning Written by Jon Arnold, President, Arnold Equipment Company                                                               […]
Carolyn Lee, NAM MDNA Convention 2015, Speakers December 12, 2014 - Machinery Dealers National Association Announces Powerful Leading Ladies To Speak For The 74th Annual Convention In April 2015, Washington, D.C. Carolyn Lee is Senior Director of Tax Policy at the National Association of Manufacturers (NAM), the nation’s largest industrial trade association. In this role Carolyn is responsible for portions of the NAM’s tax portfolio, including issues individual […]
uscapitol-washingtondc-picture1 Government Affairs Update-Section 179 December 12, 2014 - Government Affairs Update: December 22, 2014, 10:00 am   Via: Mark Robinson, Executive Vice President, MDNA RE: On Friday, December 19, 2014, the President signed into law H.R. 5771   Per the White House Press Secretary: “On Friday, December 19, 2014, the President signed into law: H.R. 5771, which temporarily extends several expired tax provisions related to individuals, business, and energy through […]
12114 Weekly Market Commentary December 5, 2014 - Can Stocks Deliver the Goods in 2015? 12.5.2014 Powerful, Nearly Six-Year-Old Bull Market Should Continue We believe stocks will deliver mid- to high-single-digit returns in 2015, with a focus on earnings over valuations. We believe 3% economic growth, benign global monetary policy, and a more favorable policy climate from Washington indicate that the powerful, nearly six-year-old bull market […]
economic 1212014 Weekly Economic Commentary December 3, 2014 - U.S. Economic Growth Picks Up Overseas, policies already in place — and those that we expect to be enacted over the course of 2015 — are likely to be big drivers of global growth. We expect the U.S. economy will expand at a rate of 3% or slightly higher in 2015, which matches the average growth rate over […]
Market image 111914 Weekly Market Commentary November 19, 2014 - Emerging Markets Opportunity Still Emerging The S&P 500 Index hit another set of fresh record highs last week (November 10 – 14, 2014) and has achieved the midpoint of our total return forecast (10 –15%) for the year with a 12% return year to date. While we continue to recommend keeping the majority of equity allocations in the […]
Economic image 111914 Weekly Economic Commentary November 19, 2014 - Japan Check-In: Will the Weak Q3 GDP Reading Draw a Policy Response? Japan reported a 1.6% annualized decline in real gross domestic product (GDP) in the third quarter of 2014 over the weekend of November 14 – 16, 2014. Policymakers in Japanese Prime Minister Shinzo Abe’s government and at the Bank of Japan (BOJ), as well as most […]
Bruce R Habitat for Humanity 1 BRUCE REDENZ RECEIVES HABITAT FOR HUMANITY AWARD November 17, 2014 - FOR IMMEDIATE RELEASE NOV 17, 2014 WASHINGTON, D.C. – Bruce Redenz of MDNA Member firm Madison Tool Inc. received the Habitat for Humanity of Dane County, Wisconsin ‘Volunteer of the Year’ 2014 Award. In October of 2014 Bruce and other award recipients were honored at a special banquet that featured keynote speaker Amy Matthews, Host, […]
Market Image 11314 Weekly Market Commentary 11/6/2014 November 6, 2014 - S&P Is Not GDP U.S. economic growth has been subpar — right around 2% — during much of the ongoing economic expansion. Yet, the S&P 500 has returned nearly 230% cumulatively since the bear market low on March 9, 2009. How did that happen and is it justified? Before trying to answer to those questions, it is worth […]
Economic image 11314 Weekly Economic Commentary 11/6/14 November 6, 2014 - QE Ended, Now What? The Federal Reserve’s (Fed) policymaking arm, the Federal Open Market Committee (FOMC) met last week (October 27 – 31, 2014) and decided, as was widely expected, to end its bond purchase program known as quantitative easing, or QE. While the FOMC retained its promise to keep rates low for a “considerable time” after QE ends, […]
Jerry Blumberg Q&A With Jerry Blumberg November 5, 2014 - Member Spotlight Interview Get To Know Your Fellow Members  Jerry Blumberg is the President of Blumberg Machinery Corporation, a family owned and operated stocking dealer located in the small town (est. population of 1,583, 2010 census) of Bannockburn, Illinois which is just under an hour’s drive from the city of Chicago. Some of you may […]
IMAGE COVER MDNA NEWS MDNA News Fall 2014 Edition November 4, 2014 - Read the latest copy of the MDNA News here! This new digital magazine allows you to click on elements within the magazine for more information online. Read the latest copy of the MDNA News here! This new digital magazine allows you to click on elements within the magazine for more information online.
Fed BEIGE BOOK Weekly Economic Commentary 10/24/14 October 24, 2014 - Beige Book: Window on Main Street No Signs of Global Growth Scare Impacting Main Street as Modest to Moderate Economic Growth Continues The Beige Book is a qualitative assessment of the U.S. economy and each of the 12 Federal Reserve (Fed) districts. We believe the Beige Book is best interpreted quantitatively by measuring how the descriptors change over […]
Oil Pumps Weekly Market Commentary 10/24/14 October 24, 2014 - Oil Hits the Skids The S&P 500 fell 1% last week (October 13 – 17, 2014) in volatile trading, leading market participants and media pundits to speculate on how far the stock market slide—now just over 6% from the September 18, 2014, closing high — might go. In last week’s Weekly Market Commentary, “Pullback Perspective,” we cited the economic […]
troy clark Q&A With Troy Clark October 24, 2014 - Member Spotlight Interview Interview Conducted by: Kim Khoury Person Interviewed: Troy Clark Title/Position: Owner/President Company: Clark Machinery Sales Company’s website: www.clarkmachinerysales.com What year did you join the MDNA: 2007 Q: What was your first Job with the company and how did you get it? A: I was living in Chicago looking for part time work and answered […]
Weekly Economic Commentary image Weekly Economic Commentary 10/13/14 October 15, 2014 - Gauging Global Growth in 2014 & 2015 Update: Acceleration Expected The outlook for global growth is important to investors, since it defines the ultimate pace of activity that creates value for countries, companies, and consumers. As investors begin to digest the S&P 500 earnings reports for the third quarter of 2014, we provide an update on how […]
Market image Weekly Market Commentary 10/13/14 October 15, 2014 - Pullback Perspective This latest stock market pullback has provided an unwelcome reminder that stocks do not always go up in a straight line. Even within powerful bull markets such as this one, pullbacks of 5 – 10% have been quite common and do not mean the bull market is nearing an end. In this week’s commentary, we […]
joseph finn and Paul new england chapter sponsor New Officers Elected for New England Chapter October 10, 2014 - Reported 10.10.2014 The New England Chapter met on October 9th, 2014 at the Harpoon Brewery in Boston, MA for a private plant tour, catered dinner and a significant meeting, where a new slate of officers was voted in to represent their chapter. Event Sponsor Ross Finn with brother Paul Finn (pictured left) of Joseph Finn Co., Inc. expressed how much […]
92914 Weekly Market Commentary 9/29/14 October 1, 2014 - Grading on a Curve (the Yield Curve, That Is) Kids are back in school and have started taking tests. Some of those tests are graded on a curve, meaning that students are graded based on their score relative to the rest of the class. In terms of stock market indicators, one that gets an A+ […]
93014 Weekly Economic Commentary 9/29/14 October 1, 2014 - Housing Hiatus? The most recent figures on gross domestic product (GDP) — the broadest measure of economic activity — revealed that residential investment (a.k.a. housing) grew at an 8.8% annualized pace between the first and second quarters of 2014. As a result, housing contributed 0.3 percentage points to the overall 4.6% gain in GDP in […]
Weekly Econom. Commentary 09222014 Weekly Economic Commentary 9/24/14 September 24, 2014 - MIND THE GAP On September 17, 2014, the Federal Reserve’s (Fed) policymaking arm, the Federal Open Market Committee (FOMC), met for the sixth time this year. On the one hand, the FOMC surprised markets by announcing “how” it would exit from quantitative easing (QE) and reduce the size of its balance sheet in the coming years. On the other […]
Weekly Market Commentary 09222014 tn Weekly Market Commentary 9/24/14 September 24, 2014 - Don’t Fight the Fed ECB? (Part 2 of 2) There have been a lot of bad movie sequels. Remember Ghostbusters II? Grease 2? Blues Brothers 2000? In the case of this Weekly Market Commentary, “Don’t Fight the Fed ECB? (Part 2 of 2),” we hope you find the sequel at least as good as the […]
o-TELEPHONE-SCAM-facebook Hotel Scam Alert September 19, 2014 - Traveling Somewhere? Read this Hotel Scam Alert The following scam was passed on to us by John Conroy of MDNA Member firm Machinery International.  We are sensitive to the scams that bombard our businesses every day. This scam can affect us when we travel so please be on guard. Here is what happens: You arrive […]
MEMORANDUM-Scam Alert September 19, 2014 - September 11, 2014 TO: MDNA Members      FROM: Mark Robinson, Executive Vice President       We have just heard from several members who have been approached by potential scammers. These particular scams follow the familiar script of quickly agreeing to buy a machine and asking for bank information immediately. As an MDNA member service we […]
DON from absolute machinery Absolute Machinery team to walk for cancer research September 17, 2014 - MDNA Member firm Absolute Machinery Corporation will walk for cancer on September 28th, 2014 in honor of Don Detenber, who passed away this year after battling multiple myeloma. Nate Smith, President of Absolute Machinery said  “Don, a dear family friend…was my mentor when I was a very young child, had me clean machines for him […]
9.15.14 market Weekly Market Commentary- 9/15/2014 September 16, 2014 - Don’t Fight the Fed ECB? (Part 1 of 2) The European Central Bank (ECB) announced bold stimulus measures, including further cuts to key interest rates and an asset-backed securities (ABS) purchase plan, on September 4, 2014. The moves are an acknowledgment of the recent deterioration in the Eurozone economy and increased deflation risk. This decision […]
9.15.14 Weekly Economic Commentary- 9/15/2014 September 16, 2014 - Fall FOMC Watch On Tuesday, September 16 and Wednesday, September 17, 2014, the Federal Reserve (Fed) will hold the sixth of its eight Federal Open Market Committee (FOMC) meetings of the year. This meeting will include a press conference by Fed Chair Janet Yellen and FOMC members’ forecasts for the economy, the timing of the […]
IMTS 2014 STAIRS Chicago Chapter Reception/ IMTS 2014 September 15, 2014 - Over 200 people were on hand including MDNA Member firms, Premier Vendors, Prospective Member Companies and their guests for what many have described as “the best MDNA Chicago Chapter Reception and Dinner ever held.” We would like to thank the Chicago Chapter leadership team and the sponsors for making this evening such a success. Chapter […]
ElectromateBMS Exhibiting MDNA Member Companies August 4, 2014 - Published in the MDNA News, 2014 Summer Edition- Written By Jennifer Gray, MDNA The International Manufacturing Technology Show (IMTS 2014) is from September 8-13, and anticipates to see over 100,000 people from countries all over the globe marching their way into Chicago’s McCormick Place to view the latest technology, tools and services, of close to 2,000 […]
usetecpr1 MDNA GOES TO GERMANY FOR USETEC 2014 August 1, 2014 - FOR IMMEDIATE RELEASE MAY 15, 2014 WASHINGTON, D.C. – Mark Robinson, MDNA Executive Vice President attended the 2014 USETEC show (The Largest World Trade Fair for Used Technology) in Cologne, Germany on behalf of Machinery Dealers National Association on May 5th- 7th, 2014. Mark said, “I was proud to be there representing the MDNA and […]
jimbowman James Bowman joins LOCATOR Services, Inc. as Sales & Account Manager July 30, 2014 - Employee Announcements, May 2ND, 2014 WASHINGTON, D.C. — LOCATOR Services, Inc. is pleased to announce that James “Jim” R. Bowman has recently joined the company as our new Sales and Account Manager of products & services, including proprietary LOCATOR Customer & Inventory Management System, electronic marketing products and machinery listing products. Bowman comes to LOCATOR […]
7.21 weekly market image Weekly Market Commentary – 07/21/2014 July 21, 2014 - Is Congress Contemplating QE4? This past Sunday marked the 45th anniversary of the Apollo 11 moon landing, when American astronauts Neil Armstrong and Buzz Aldrin became the first to set foot on the moon. If they had stayed there, what would their tax rate have been? The number of U.S. corporations seeking a “tax inversion” seems to be soaring […]
7.21 weekly Economic  image Weekly Economic Commentary – 07/21/2014 July 16, 2014 - Beige Book: Window on Main Street Modest-to-Moderate Economic Growth Continues The Beige Book is a qualitative assessment of the U.S. economy and each of the 12 Federal Reserve (Fed) Districts. We believe the Beige Book is best interpreted quantitatively by measuring how the descriptors change over time. The latest edition of the Fed Beige Book, released last Wednesday, July […]
7.14 weekly market image Weekly Market Commentary – 07/14/2014 July 14, 2014 - Counting Down the Months After five-and-a-half years of keeping short-term rates in a range of 0 – 0.25%, many market participants believe the Federal Reserve (Fed) is now about 12 months away from hiking interest rates. This may affect markets in the months and quarters ahead as investors begin to brace for a change in […]
7.14 weekly economic image Weekly Economic Commentary – 7/14/2014 July 10, 2014 - Gauging Global Growth in 2014 & 2015 Update: Developed Markets Grow, While Emerging Markets Slow The outlook for global growth is important to investors, since it defines the ultimate pace of activity that creates value for countries, companies, and consumers. This week, as investors begin to digest the S&P 500 earnings reports for the second quarter of 2014, we […]