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Corn Growers Form International Maize Alliance to Focus on Biotechnology, Food Security, Stewardship, Trade Issues

2013-06-19 19:05:00| Corn & Soybean Digest

First-ever pact among largest corn exporting nations signals joint effort on GMO use. Corn growers from the worlds three largest corn exporting nations will collaborate on a global initiative to resolve common problems that restrict trade under a unique pact signed by grower leaders in May at Argentinas MAIZAR corn congress. The agreement the first of its kind among corn grower groups creates The International Maize Alliance (MAIZALL), which will work on biotechnology, food security, stewardship and trade issues. read more

Tags: form international issues food

 

In Wake of Washington Span's Collapse, Federal Bridge Funding Is in Focus

2013-06-19 17:31:37| ENR.com: Headline News

A key House Democrat will propose $5.5 billion for bridges over two years, but that may be a tough sell.

Tags: washington focus federal bridge

 
 

Alcatel-Lucent to narrow focus, boost cash under new plan

2013-06-19 09:22:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent's new CEO Michel Combes has announced his strategic plans for the company. Termed 'The Shift Plan', the three-year strategy will re-focus the company on IP networking and ultra-broadband access. Alcatel-Lucent will work more on co-development with partners and customers in these areas and significantly reduce spending on its other product lines. Under the new strategy, certain key businesses in wireless, fixed access and other areas will be managed with a focus on cash generation, in order to open up opportunities for investing in new technologies such as LTE, vectoring and FTTx. Overall the Core Networking activities are expected grow by more than 15 percent, from EUR 6.1 billion in 2012 to over EUR 7 billion in 2015, while the operating margin increases from 2.4 percent to more than 12.5 percent over the same period. Additional cost reductions of EUR 1 billion on SG&A and operational efficiencies are targeted, as well as EUR 1 billion in proceeds from selling assets. The CEO also plans a refinancing of EUR 2 billion debt in the near term, followed by a debt reduction of EUR 2 billion once the Shift Plan has started paying off. Overall the plan is expected to be self-financing, with no need to raise additional debt or capital. Alcatel-Lucent also announced the appointment of Philippe Guillemot, the former CEO of nuclear energy group Areva T&D, as Senior Executive Vice President, Operations.

Tags: plan focus cash narrow

 

Product Spotlight: Focus on Fasteners and Hangers

2013-06-18 21:30:00| Electrical Construction & Maintenance

This month, EC&M magazine spotlights protective gear from Cooper B-Line, Thomas & Betts, ERICO, and Platinum Tools read more

Tags: product focus spotlight fasteners

 

Texprocess 2013: Lectra re-sets its focus for the future

2013-06-18 18:33:00| Daily apparel & textile news and comment - from just-style.com

The first clue that Lectra is taking a new approach to meeting the needs of its customers came from the display on its stand at last week's Texprocess technology trade show.

Tags: the future focus resets

 

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