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| + | A major incident has been avoided, Mr. Kumar said. He said though it was too early to know the cause of the fire, the traders burnt heaps of rubbish near their shops, and there might be a possibility that a spark would have caught onto something and caused the flare. This is the third incident of fire in the district this week, following a major flare in a similarly congested Valiyangadi and a second one at Elathur. | ||
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| + | Manufacturing in the valleys<br><br>By Jeff SturgeonThe latest from The Ticker blogVirginia Tech teams compete to create rescue robotsRoanoke based agencies selected for Virginia's Blue Ridge tourism initiativeBBB warns of confusing corporate records mailing<br><br>More from The Ticker business blog<br><br>Finally, after staggering losses in the manufacturing trades, a company that builds things is hiring. FreightCar America, at its Roanoke factory, this past week announced a big order and plans to hire about 200 people. Officials want to nearly double the work force by late this year.<br><br>At a trackside news conference, the head of Norfolk Southern Corp. smacked a new rail car with a bottle of champagne, cracking it open.<br><br>Roanoke Mayor David Bowers heralded the pending arrival of "good paying jobs."<br><br>However, the good economic news could be tempered by a number of variables. Pay levels at the plant fall below area norms for manufacturing. And the lingering possibility of another recession could put the brakes on plans,trousse longchamp, one analyst said.<br><br>To be sure, though, there is cause for celebration.<br><br>One in three manufacturing jobs in the Roanoke metro area in 1990 has since disappeared, according to federal labor data. Experts say two factors drove most of the domestic manufacturing job losses: higher productivity,cheap jordan shoes, resulting in a lower need for workers, and foreign competition, which took jobs away.<br><br>But things are turning around. Manufacturing employment is growing modestly again and one expanding sector is rail cars, the multi ton vehicles that ferry everything from coal and automobiles to grain and chemicals. Rail car makers delivered more than three times as many units during the second quarter of 2011 as they did in the second quarter of 2010, according to the Railway Supply Institute.<br><br>In Roanoke,nike tn requin pas cher, for the second time this year, NS ordered 1,500 rail cars to replace older units in its fleet. For each 1,500 cars, it will pay FreightCar about $100 million. Employment at the FreightCar shops on Campbell Avenue Southeast could rise close to the factory's pre recession peak of 430 employees.<br><br>NS made its own rail cars for decades in the East End Shops,air max bw, but has since chosen to buy from a supplier and leased nearly 400,000 square feet of the space to Chicago based FreightCar in 2005. Where NS built cars only for itself,requin tn, FreightCar expects to be making rail cars for three customers over the next several months,sac longchamp bandouliere, a more efficient use of resources. The company operates one other factory,nike tn pas cher, in Danville,tn soldes, Ill., after closing a plant in Pennsylvania in 2009.<br><br>For FreightCar, this could just be the beginning.<br><br>NS wants to replace 15,000 to 16,000 coal cars during the next five to six years because of their age and wear, said industry analyst Salvatore Vitale of the investment banking firm Sterne Agee in Birmingham, Ala.<br><br>There's no guarantee that FreightCar will get the orders for the remaining 12,000 to 13,000 cars. But given that FreightCar is a prominent domestic producer, it is likely to get a fair share of that business,basket nike tn, Vitale said. coal and aluminum for lightness while maintaining strength. NS wants them primarily to carry loads dumped into ships for export overseas for electrical generation and steel production, a vibrant market.<br><br>"We feel very confident about the export coal business,air max pas cher," Wick Moorman, CEO of NS, said in Roanoke.<br><br>In spite of its environmental issues, which the industry is to some degree addressing, "coal is going to be a big part of our economy for the foreseeable future," he said.<br><br>On the other hand,tn requins, Vitale said a recession could slow down the car replacement program. That's not his prediction he recommends buying FCA stock but it could happen, he said.<br><br>"The railroads could say 'we don't need to replace those cars right this minute. Let's wait till next year," Vitale said.<br><br>During the recession that began in late 2007, as coal traffic dipped for Norfolk Southern and other railroads, the rail car business slumped.<br><br>Industrywide, rail car deliveries fell from a peak in 2006 of 74,tn requin pas cher homme,729 to 16,535 in 2010, FreightCar has said.<br><br>FreightCar America saw its deliveries fall from 18,764 in 2006 to 2,229 in 2010. Revenue tanked and the company was barely profitable in its second quarter of this year. The company is looking to rebound from a couple of tough years.相关的主题文章： | ||
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