What’s Happening to the U.S. Glass Industry?

Posted by SCapozzola on August 30th, 2010

In the Wall Street Journal today, reporter James Areddy investigates why China’s glass industry is booming.  And as a sign of just how ubiquitous imports of Chinese glass have become, he explains that the Toledo Museum of Art’s $30 million Glass Pavilion (intended as a symbol of America’s “Glass City”) was actually imported from China.

File that under “Disappointing but true.”

China massively subsidizes its domestic glass industry.  In fact, a 2009 study conducted by Dr. Usha Haley for the Alliance for American Manufacturing (AAM) found that China’s glass manufacturers received roughly $30 billion in government subsidies between 2004-2008.

This sort of massive subsidization helps explain such disheartening stories as why the new World Trade Center, currently under construction, will be using blast-resistant glass manufactured in China.

Read more about China’s subsidies for its glass industry.

Read the full article in the Wall Street Journal.

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Lost jobs in Wisconsin

Posted by SCapozzola on August 30th, 2010

Hudson Valley, Wisconsin: Duro Bag Manufacturing Company will be closing its Hudson facility in mid-October and lay off 63 workers.

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Sirius Road Dog Radio: Today, 11:30 am ET, a “Made in America” discussion

Posted by SCapozzola on August 30th, 2010

AAM Executive Director Scott Paul will be interviewed at 11:30 am ET today on Sirius 147/XM 171, Road Dog Trucking Radio.  The Freewheelin’ program, hosted by Meredith Ochs and Chris T., will be focusing all this week on “Made in America” issues.

Be sure to tune in.

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August 30, 2010 Headlines

Posted by SCapozzola on August 30th, 2010

We’ve known this for a long time: state-run companies in China help to fuel growth there. 

Toledo, America’s “Glass City,” has a made-in-China glass pavilion for its Museum of Art. 

The U.S. may rule tomorrow that China is subsidizing its aluminum producers

The U.S. may also loosen export controls, which the Administration says will boost manufacturing. 

The Steelworkers remind Congress that stopping China’s currency manipulation will create jobs and reduce the deficit. 

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Notes From the Road: Some great non-fiction books I’ve read

Posted by SCapozzola on August 28th, 2010

I like to read non-fiction, especially biographies.  There are an endless number of books in existence, but over time I’ve come across some really good ones.  Below is a list of some of my favorite non-fiction books.  This is not a “Best of” or “Top Ten” list.  Instead it’s just some books I recommend, or that I think deserve special praise and recognition.

1. TRUMAN, by David McCullough.  I first read this book while recovering from a bad accident in 2000.  I’ve since read it at least twice more.  Sometimes I pick it up just to read random chapters.  McCullough is a terrific writer, and he puts you “there,” in each scene, with dialogue and conversations meticulously detailed through long research.  This book won a Pulitzer, for good reason, and it helps to show Truman as the truly honest, hard-working man he was.

2. THE RISE AND FALL OF THE THIRD REICH, by William Shirer.  For starters, this book is more than 1,400 pages.  But believe it or not, it’s actually an incredibly fast read.  Shirer was a correspondent in Germany in the late 1930’s, and he personally witnessed speeches and appearances by some of the key figures of Nazi Germany.  This firsthand knowledge helped guide him during years of extensive post-WWII research, when he combed through captured Nazi files to document every political and military step of Germany’s war machine.  This book is incredibly important as both a historical text and a reminder of how a brutal fascist regime can rise to power.

3. THE AUTOBIOGRAPHY OF MALCOLM X , by Malcolm X, as told to Alex Haley.  I could NOT put this book down once I started reading it.  I was absolutely riveted.  Alex Haley did an amazing job of compiling and transposing interviews with Malcolm X into a flowing narrative that takes us through X’s whole life.  The self-discovery that he reveals, and his conversion to Islam is fascinating.  This may be the best book I’ve ever read.

4. THE DEATH OF A PRESIDENT, by William Manchester.  Essentially, this book is a vivid, almost minute-by-minute account of the events leading up to, during, and shortly after the assassination of John F. Kennedy.  Manchester invested every ounce of himself into the work—and you can feel his absolute dedication and soulfulness in capturing every movement and conversation during the days in question, including (for example) even the fumbling arguments and awkwardness aboard Air Force One, before Kennedy’s body was flown back to Washington.  The assassination was a profound event in American history and Manchester conveys the shock as well as the actual events as if they’ve just happened.  Adding to the sense of historical weight (and responsibility) is the fact that Manchester personally interviewed the key people—LBJ, Mrs. Kennedy, the Secret Service teams, Lady Bird, the various pilots and staff, etc.  He understood that whatever work he produced would need to at least equal the graciousness and vulnerable access they accorded him.  He succeeded.

5. INTO THIN AIR, by John Krakauer.  When I worked at a bookstore, I used to recommend this book to every customer.  It’s particularly good if you have a plane flight and need an engrossing read.  In 1996, Krakauer happened to be on one of the ill-fated expeditions that attempted to climb Mt. Everest.  Various teams were summiting the mountain at the same time, and Krakauer describes every moment of their climb—the stunning cold, the conserving of desperately needed oxygen bottles, the altitude sickness…  Eight people died among the various teams and Krakauer doesn’t spare himself when pondering his own sense of guilt, responsibility, and helplessness as events unfolded beyond their control.  If nothing else, the book is a fascinating account of mountain climbing itself, and it makes one curious to experience real mountain climbing, and even the thin air at high altitude.

6. JOHN ADAMS, by David McCullough.  This is the second of two books on this list authored by David McCullough.  And, like TRUMAN (above), this one also won a Pulitzer.  Essentially, you can’t go wrong with McCullough.  His books on the building of the Brooklyn Bridge (’The Great Bridge’) and the construction of the Panama Canal (’The Path Between the Seas’) are also excellent.  What makes McCullough so good, aside from his absolute dedication to the subject, is his ability to put you there, in the actual story.  And that’s hard to do when you’re trying to capture the day-to-day events of someone like John Adams who lived more than 200 years ago.  But so detailed is McCullough’s research that, as just one example, he can tell you that on such-and-such day of the Constitutional Convention, Adams arose with a cold and ended up arriving late to the meeting.  And that’s merely a throwaway detail.  But it shows how deeply McCullough inserts himself into the story, almost living it himself.

7. TEAM OF RIVALS, by Doris Kearns Goodwin.  For a good book on the Civil War, read Jay Winik’s ‘April 1865.’  Or read ‘Team of Rivals.’  Goodwin does a great job of profiling Lincoln’s presidency as well as the ongoing events of waging the war.  I’m re-reading it now. 

8. NO ORDINARY TIME, by Doris Kearns Goodwin. This book justifiably won a Pulitzer.  It’s a phenomenal account of FDR, Eleanor, and Churchill during World War II.  Another fascinating book.  (Anything with Churchill is always fun, educational, and entertaining).

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U.S. Commerce Department Outlines New Trade Enforcement Measures

Posted by SCapozzola on August 26th, 2010

 The U.S. Department of Commerce has outlined 14 new measures to strengthen trade law enforcement.

Among the proposed changes:

  • Currently, individual companies from a foreign country were excused from AD/CVD duties by demonstrating that they were not dumping or receiving subsidies for a certain period of time. The new proposal would allow for companies to be removed from the process only upon the normal country-wide expiration of those duties.
  • Starting as early as when Commerce makes a preliminary determination on an AD/CVD investigation, a new proposed measure will require importers to post cash deposits rather than bonds to facilitate entry of their goods and services into the United States. Currently, once an initial affirmative determination is made in an AD/CVD case, importers are able to post a bond in the amount of the estimated duties owed. However, experience has shown that in certain circumstances, the amount of the bond proved inadequate to cover the ultimate AD/CVD liability.  Under this proposal, Commerce will ensure that importers will bear full responsibility for any future duties.
  • Additionally, to address a range of methodological issues unique to antidumping (AD) proceedings involving non-market economy countries, Commerce is proposing updates to its practice that will more closely capture the realities of how entities function in a non-market economy.  In this context, Commerce is proposing to adjust its antidumping calculation to account for export taxes or value added taxes included in the U.S. price that are not rebated upon export, just as in cases involving market economy countries.  Where such taxes are present, this proposed change would result in an increase in antidumping margins.

This effort is definitely a step in the right direction.  It’s also helpful that the Administration has stepped up trade enforcement on dumped and unfairly subsidized imports of tires and steel pipe.  Simply put, enforcing U.S. trade law works.  As an AAM study has found, enforcing laws against dumping and subsidies have a net benefit for the U.S. economy.

However, the U.S. trade deficit with China continues to climb, and action is urgently needed to address one of the biggest problems confronting U.S. manufacturers, China’s ongoing currency manipulation.  The clock is ticking, and until the Administration and Congress take strong action, the U.S. will continue to lose jobs due to China’s predatory practices.

Read more about the Commerce Department’s new measures.

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Lost Jobs in Florida

Posted by SCapozzola on August 26th, 2010

Lakeland, Florida: Consolidated Container Co. LLC, a bottle molding plant, is closing.  44 employees will lose their jobs.

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Lost jobs in New Jersey

Posted by SCapozzola on August 25th, 2010

Branchburg, New Jersey: ImClone Systems is closing a manufacturing plant used to make Erbitux, a cancer treatment drug.  140 workers will lose their jobs.

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August 25, 2010 Headlines

Posted by SCapozzola on August 25th, 2010

Analysts are beginning to lower their estimates of U.S. growth for the year.  Are we in for a double dip? 

Sales of existing homes dropped to a 15-year low in July. 

What, if anything, can Congress do to boost the economy between now and November? 

The CBO estimates that the stimulus added 3.3 million jobs to the economy in the second quarter. 

Alan Tonelson says we need to get tough on China

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Manufacturing employment is going down

Posted by SCapozzola on August 24th, 2010

Joe Weisenthal at Business Insider points out that saving U.S. manufacturing is not an easy task.  He presents the chart below to show the bumpy, downward ride for the U.S. manufacturnig sector as it continues to lose jobs:

chart-of-the-day-manufacturing-employees-1939-2010

Read more.

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