News
Below are interesting stories concerning our industries, manufacturing, and our region.
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FREE Virtual Service Class: Tool Changers
Let’s be honest: Mill tool changer repairs are the worst. They eat up time and money (not to mention patience!) The good news is you can PREVENT them. LEARN HOW BY JOINING PHILLIPS FOR A FREE 30-MINUTE VIRTUAL HOW-TO CALLED “PREVENTING HAAS MILL TOOL C...
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FREE Virtual Service Class
Do you know why getting the twist out of your machine may be more important than leveling it? Find out by joining us for a free virtual class called “How to Level Like a Pro.” In this special event collaboration with Phillips Haas Factory Outlet / a Division of Phillips Corp., ‘...
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25% Off Preventive Maintenance for a limited time
25% Rebate On All Preventive Maintenance Programs Now For A Limited Time! Take advantage of the great deals going on now and have your machine tools maintained before the next big oil rush. Once it hits, you won’t have time to bring your machine down so act now! Request scheduled time at serv...
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Oil Output Cuts Could Boost Price to $60 a Barrel, Lukoil Says
OPEC’s proposal to cut oil production by up to 1 million barrels a day would be enough to balance the oil market and lift prices to $60 a barrel, Leonid Fedun, vice-president of Russian oil producer Lukoil, told Reuters. The comments from Fedun, who was talking on the sidelines of the compan...
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Wood to Design Chevron’s Anchor Offshore Platform
http://bit.ly/2TgAF84 Engineering company Wood has secured a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The scope of the project included the preliminary, front end engineering and design (Pre-FEED), FEED and now entails the det...
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Lonestar Resources Enters Eagle Ford JV
Lonestar Resources US Inc. and its subsidiaries have entered into a joint development agreement in Gonzales County with one of the largest producers in the Eagle Ford Shale which encompasses an area totaling about 15,000 acres. The name of the producer was not disclosed. Lonestar will operate a mini...
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Preventive Maintenance Program Available
Your local Haas Factory Outlet now has 3 options to choose from: Basic Inspection for a general overview Level 2 PM more detailed inspection Level 3 PM in depth inspection and oil/filter replacement Schedule your preventive maintenance today so your machine will be up and running when you most need ...
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Don’t Mess with the Tax Write-Off for New Equipment
Industry Week Robert Atkinson | Mar 04, 2019 A new study from a non-partisan research group on the economic impact of bonus depreciation for investment in machinery and equipment has been getting attention because of its conclusion that the incentive is not only wasteful, but harmful. In reali...
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Oil Prices Up On Trade Optimism
Oil prices are set to end the week up for the second week running, with both trade sentiment and production cuts adding bullishness to oil markets. Friday, February 22, 2019 Oil is set to close out another week of gains, this time juiced by optimism over the U.S.-China trade negotiations. But the ga...
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Educating for the Future — HCC’s Manufacturing Center of Excellence
March 7, 2019 5:30- 8pm Web Link To Register The Houston Business Journal Reports that 1 in 4 jobs in Houston will be threatened by Robots and Artificial Intelligence. Training and Education are critical for employees and entrepreneurs. Join the MIT Enterprise Forum of Texas, the South Tex...
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Oil-gas Optimism Reigns, Study Finds
Offshore Engineer reports February 18, 2019 From https://goo.gl/mgegau The worldwide oil and gas industry is “resilient, confident and ready to spend” but is at risk of reverting to overspending, just as an increase in large-project approvals loom. That’s the gist of a new report from Oslo...
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Offshore Texas Oil Export Facility Proposed
From Rigzone https://goo.gl/1dZHg3 by Matthew V. Veazey Rigzone Staff Tuesday, February 12, 2019 Sentinel Midstream has unveiled plans to develop a deepwater crude oil export terminal near Freeport, Texas, that could fully load very large crude carrier (VLCC) vessels. In a written statem...
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America is now the world’s largest oil producer
Move over Russia and Saudi Arabia. America has reclaimed its throne atop the oil world. For the first time since 1973, the United States is the world’s largest producer of crude oil, according to preliminary estimates published on Wednesday by the Energy Department. The feat demonstrates how t...
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San Antonio Opens Career-Themed High Schools.
SAN ANTONIO, Texas — CAST Tech, San Antonio’s newest public high school, looks like an outpost of Google. Young people huddle over tablets, fiber optic cables run along the ceilings and a cybersecurity lab occupies the basement. The school, located in the heart of San Antonio’s slowly revitali...
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While offshore wind gets developed, Texas will likely stay onshore
One of the world’s largest power companies is planning to pump $1 billion into new wind projects in Texas, confirming the state’s place as the nation’s largest producer of wind-driven energy. The Spanish utility Iberdrola says the money will finance new wind farms with a combined generating ca...
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LyondellBasell bets on new technology, better plastics
Houston Chronicle report, LyondellBasell is betting millions of dollars that new technology will give it an edge in the burgeoning market for polyethylene, the ubiquitous plastic that has fueled a construction and export boom along the U.S. Gulf Coast. The Houston petrochemicals manufacturer has bui...
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XTO Energy Closes Headquarters; Relocates Hundreds to Houston
XTO Energy, Inc., a subsidiary of ExxonMobil Corp., is closing its corporate headquarters in Fort Worth, Texas, which will affect a total of 1,200 employees, according to a letter sent to the Texas Workforce Commission (TWC). The U.S. oil and natural gas producer plans to relocate its business activ...
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OSHA Issues Direct Final Rule Clarifying Beryllium Standard
OSHA’s direct final rule (DFR) for its beryillum standard will become effective on July 4, 2018, according to the agency. The DFR clarifies aspects of the standard for general industry as it applies to processes, operations, or areas where workers may be exposed to materials containing less th...
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US Seen Cutting Oil Imports to Lowest Since Eisenhower
The U.S. will cut its reliance on foreign oil to the lowest in more than 60 years as domestic crude output surges to record levels. The Energy Information Administration sees net imports of crude and petroleum products dropping to 1.5 million barrels a day in 2019, the lowest level since Dwight Eise...
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US Cutting Tool Consumption Up 6% in Q1
Manufacturing activity paced cutting-tool consumption to $207.08 million during March, up 8.8% for the month. The ongoing expansion of the industrial economy paced another month of growth in U.S. manufacturing’s cutting-tool consumption, up 8.8% from February to $207.08 million during March. That ...