How Hydraulic Fracturing Works? In a hydraulic fracturing job, “fracturing fluids” or “pumping fluids” consisting primarily of water and sand are injected under high pressure into the producing formation, creating fissures that allow resources to move freely from rock pores where it is trapped. Typically, steel pipe known as surface...
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News
Toyota Profit Triples in Third Quarter
TOKYO — In the biggest sign yet of a strong recovery for Toyota, the Japanese automaker raised its forecast for full-year net profit to ¥780 billion Monday, shrugging off a sales decline in China brought about by a territorial spat between the two countries. Toyota was briefly the world’s largest...
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W. Edward Deming’s 14 Points
William Edwards Deming (October 14, 1900 – December 20, 1993) was an American statistician, professor, author, lecturer and consultant. He is perhaps best known for his work in Japan. There, from 1950 onward, he taught top management how to improve design (and thus service), product quality, testing, and sales (the...
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Goalpost Quality
Delighting customers with a high quality product that performs to expectations is one of the best ways to secure and grow a business. This results in long term security for each player in the extended value stream. Today I’d like to discuss a couple of perspectives on manufacturing quality products...
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Union Split on Caterpillar Offer
Union leaders are split on the merits of a slightly revised pay offer made by Caterpillar Inc. CAT -0.64% in an effort to end a strike that began May 1 at the company’s plant in Joliet, Ill. “I will not recommend it,” Timothy O’Brien, president of the local branch of...
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