“OSRAM Sylvania and College for Creative Studies Announce Lighting ... - CNBC” plus 4 more

OSRAM Sylvania and College for Creative Studies Announce Lighting ... - CNBC
Treasures Media announces expansion, new hires, in Racine - Milwaukee Journal Sentinel
Oshkosh CEO Bohn honored by Army group - Milwaukee Journal Sentinel
Scrimping consumers spell weak diesel demand - Reuters
Alcoa returns to profit as cost cuts, sales help - Bellingham Herald

OSRAM Sylvania and College for Creative Studies Announce Lighting ... - CNBC

Posted: 08 Oct 2009 06:48 AM PDT

HILLSBORO, N.H., Oct 08, 2009 /PRNewswire via COMTEX/ -- OSRAM Sylvania, the world's leading manufacturer of automotive lighting and College for Creative Studies (CCS), one of the world's preeminent schools of transportation design are proud to announce the kick-off of the first annual OSRAM Automotive Lighting Design Challenge on Oct. 8, 2009.

The 2009 OSRAM Automotive Lighting Design Challenge is designed to help educate future transportation designers on the many benefits of advanced LED (Light Emitting Diode) lighting technologies and the design freedom they offer.

"LEDs are poised to change the way automotive designers think about automotive exterior lighting," said David Hulick, global product marketing manager at OSRAM Sylvania for its automotive LED systems division. "They are extremely energy efficient, environmentally-friendly and the size and format of the technology frees up designers to think outside the conventional lighting design box." The OSRAM Automotive Lighting Design Challenge will run concurrently with the CCS fall curriculum for second year students in the university's Transportation Design program. Contest entrants will design a concept for a forward lighting application using OSRAM Sylvania LED technologies.

Students will be able to connect with OSRAM Sylvania lighting engineers through a special Facebook(TM) page set up specifically for that purpose.

The Design Challenge will be judged by a diverse panel including renowned automotive designers, Pat Schiavone, North American Truck & SUV Design Director for Ford Motor Company, and Bob Boniface, Director of GM's Advanced Design Studio. They will be joined by representatives from OSRAM Sylvania and Tier One lighting manufacturers.

The entries will be judged on creative execution of the design and the innovative use of the technology. The top three will be awarded a total of $5,000 in scholarships; $2,500 for first place, $1,500 for second place and $500 for third place.

The winning entries will be unveiled during the Lighting Design Challenge awards ceremony to be held the first week of December at CCS's prestigious A. Alfred Taubman Center for Design Education, an integrated learning community dedicated to creativity located in Detroit's New Center in what was formerly General Motors engineering and design center, the Argonaut Building.

"We are pleased that OSRAM Sylvania has chosen to partner with CCS for their Automotive Lighting Design Challenge," said Larry Erickson, Paul and Helen Farago Chair of Transportation Design at CCS. "This is not only a chance for students to build relationships with the automotive suppliers they'll one-day be working with, but also affords the opportunity to experience the exciting new technologies that they will use to shape the future of transportation design." About OSRAM SYLVANIA OSRAM SYLVANIA, together with OSRAM GmbH, is the world leader in automotive lighting for original equipment manufacturers (OEMs) and the aftermarket. The company's global automotive lighting division has its principal North American operations in Hillsboro, N.H., with nearly 700 employees. In addition to TS 16949, this facility has also achieved ISO 9001 and 14001 certifications.

Automotive Lighting designs, develops, manufactures and markets state-of-the-art automotive light sources, including auxiliary, advanced halogen, LED and high-intensity discharge lighting for interior, exterior and forward lighting applications. Over 400 lamp types are produced for cars, trucks, and electronics in facilities throughout the U.S., Europe, and Asia. Automotive applications for OEMs are marketed under the OSRAM brand while products for the aftermarket are sold under the SYLVANIA brand.

OSRAM Opto Semiconductors and OSRAM Automotive Lighting work together to offer a complete line of cutting-edge, award-winning, light emitting diode (LED) products and system solutions for the automotive industry from individual LED components to Joulea Standardized Automotive LED Systems. OSRAM LED products enable the automotive industry to take advantage of the functionality, durability, energy-savings, and styling potential LEDs provide.

OSRAM SYLVANIA is a leader in lighting solutions and specialty products that feature innovative design and energy saving technology. The company sells products for homes, businesses and vehicles primarily under the SYLVANIA brand name, and also under the OSRAM brand. Headquartered in Danvers, Mass., OSRAM SYLVANIA is the North American operation of OSRAM GmbH, a wholly owned subsidiary of Siemens AG. For more information, visit www.sylvania.com.

About the College for Creative Studies The College for Creative Studies (CCS), located in Detroit, is a world leader in art and design education and prepares students to enter the global economy where creativity shapes better societies. A private, fully accredited college, CCS enrolls 1,400 students pursuing Master of Fine Arts degrees in Design and Transportation Design and Bachelor of Fine Arts degrees in Advertising Design, Art Education, Crafts, Entertainment Arts, Fine Arts, Graphic Design, Illustration, Interior Design, Photography, Product Design and Transportation Design. The College also offers non-credit courses in the visual arts through its Continuing Education programs and opportunities for youth through its Community Arts Partnerships programs. For more information visit www.collegeforcreativestudies.edu.

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Treasures Media announces expansion, new hires, in Racine - Milwaukee Journal Sentinel

Posted: 08 Oct 2009 08:14 AM PDT

Oct. 7, 2009 | Waukesha — The Waukesha Common Council skimped only a little Tuesday night in approving a mayoral pay raise - approving a 12.8% increase through April 2014 instead of the 16% raise recommended by its Human Resources Committee.

The mayor elected in April will still get the annual $70,100 paid Mayor Larry Nelson since it was frozen in 2006 for his first four-year term. As approved Tuesday, the pay would increase each April after that, to $73,100 in 2011, $76,100 in 2012 and $79,100 in 2013.

With the city budget anticipating a 2010 pay freeze for all other city employees, aldermen unanimously agreed Tuesday to freeze the annual pay for their positions, as well. Aldermanic pay will stay at $6,500 a year for the next four-year term, while pay will be frozen through April 2014 - unless reversed after 2010 - for the city attorney at $108,677 and the municipal judge at $27,279.

Aldermen also voted, 12-2, to change the assessor and clerk/treasurer from popularly elected positions to mayoral appointments, with council confirmation. Pay for the appointed positions would be frozen next year at the current level, $81,944.The change would take effect next spring, unless electors petition in the next couple of months for a referendum and vote to stop the change.

In other action Tuesday, the council agreed,12-2, to raise ambulance fees - some by as much as 58% by next July - though in many cases those increases will be passed on to private insurers.

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Oshkosh CEO Bohn honored by Army group - Milwaukee Journal Sentinel

Posted: 08 Oct 2009 08:14 AM PDT

In other action Tuesday, the council agreed,12-2, to raise ambulance fees - some by as much as 58% by next July - though in many cases those increases will be passed on to private insurers.

Scrimping consumers spell weak diesel demand - Reuters

Posted: 08 Oct 2009 07:31 AM PDT

By Rebekah Kebede - Analysis

NEW YORK (Reuters) - Americans' newfound frugality means that demand for U.S. diesel fuel will continue to languish through this year's holiday season as shipments of goods remain weak.

As a result, refineries, already running well below capacity, may be forced to slow operations even more to cut down on inventories of diesel and jet fuel, the so-called distillate fuels, which have brimmed to 26-year highs.

With U.S. unemployment topping 9 percent, consumers are pinching pennies rather than heading to the mall, dramatically shrinking freight shipments that normally account for much of diesel demand.

"When they save, they don't buy, and when they don't buy, the trucks aren't full," said Charles Clowdis, managing director of IHS Global Insight's commerce and transport advisory group.

"The economy is still in the pits ... people don't spend money when they don't have jobs," he said.

At 9.8 percent, U.S. unemployment is at its highest rate since 1983, according to government data, a fact that experts said will leave holiday spending flat this year.

In previous years, retailers anxious to stock their shelves kept the trucking industry busy before and during the holidays.

But shipping activity in the upcoming Christmas season is not expected to rise much from current levels, said Bob Costello, the American Trucking Association's chief economist.

In August, seasonally adjusted truck tonnage was still 7.5 percent lower than the same period a year earlier, according to the American Trucking Association.

North American air freight demand that same month was 12.1 percent lower, according to the International Air Transport Association.

The recession has also dealt blows to other industries that are heavy consumers of diesel fuel.

"We've been shutting down manufacturing facilities, we've been retooling the auto industry, airlines are not flying as many passengers and they are flying a lot more efficiently," said Phil Flynn, analyst with PFGBest Research in Chicago.

DEMAND DESTRUCTION

In fact, better fuel efficiency may mean that diesel demand recovery will trail an economic upturn.

"You had a confluence of situations that created demand destruction that will take years to recover," Flynn said. Continued...

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Alcoa returns to profit as cost cuts, sales help - Bellingham Herald

Posted: 08 Oct 2009 06:34 AM PDT

"We do clearly see growth, substantial growth ... in China," Alcoa CEO Klaus Kleinfeld told analysts and reporters after the company reported results. "(The) second half of the year is clearly better than the first half in many industries and many regions."

The Pittsburgh-based company said rising demand from several industries, especially automakers, lifted its revenue compared with the prior three months. Sales to automakers jumped 21 percent from the second quarter.

Although North American auto production dropped 20 percent in the third quarter year-over-year, the aluminum content in vehicles may have risen as automakers move to meet higher federal fuel economy standards by making cars and trucks lighter, said Michael Robinet, a vice president at CSM Worldwide, an auto industry consulting firm near Detroit.

Investors cheered the news, sending Alcoa's shares up 5.9 percent in after-hours trade.

Alcoa earned $77 million, or 8 cents per share, for the three months ended Sept. 30. That compared with profit of $268 million, or 33 cents per share, a year earlier.

Revenue tumbled 34 percent to $4.62 billion from the same period a year earlier, but was up 9 percent from the second quarter of 2009.

The latest results partly reflected intense cost-cutting by Alcoa. The company was forced to slash thousands of jobs, sell businesses and curb production as aerospace, automotive and construction companies cut their orders late last year amid the global economic downturn. That pushed up stockpiles of the industrial metal and forced down prices.

Alcoa has cut about 20,000 jobs since the downturn began and currently employs about 63,000 people. It's also reduced its production capacity by about 20 percent.

But just last month, Alcoa boosted its annual forecast for global aluminum consumption, citing stronger demand from China.

Prices for the metal, which strongly influence Alcoa's fortunes, rose about 20 percent to an average of about 80 cents per pound during the quarter compared with the prior three months. But they remained well below record levels of about $1.50 reached a year earlier.

Excluding restructuring charges, Alcoa's earnings in the latest quarter amounted to 4 cents per share, easily beating expectations of a loss of 9 cents per share on revenue of $4.55 billion. Wall Street typically excludes one-time charges in its estimates.

Shares of Alcoa climbed 82 cents to $15.03 in after-hours trade.