The Hill reports a Texas judge has struck down an overtime regulation issued under the Obama administration that would have increased the amount that must be paid to an overtime-exempt worker to more than $47,000. The current level is little more than $23,000. The regulation had caused much fear and confusion in many businesses. The Hill reports the judge said the regulation was flawed because it was based on salaries rather than job descriptions. The National Association of Manufacturers and Associated Industries of Missouri, the Missouri official designated partner of the NAM, applauded the court decision. Click HERE for the full story.
President Donald Trump visited the Show Me State on Wednesday, August 30, 2017, to kick off his push for a thorough review and reworking of the American tax system. Jerry Jost, president of Jost Chemical Company and Chairman of the Board of Directors of Associated Industries of Missouri (AIM) and AIM president/CEO Ray McCarty were in attendance as the president unveiled key principles of his tax plan. Because mainstream media picks and chooses what you are able to see, we want to be sure you get to watch the entire event. Below is a link to the White House video of the event. The president’s tax reform plan begins with four basic principles. Here they are in his own words: “We need a tax code that is simple, fair, and easy to understand. That means getting rid of the loopholes and complexity that primarily benefit the wealthiest Americans and special interests;” “We need a competitive tax code that creates more
Hurricane Harvey and the subsequent storm has left hundreds of thousands in the Gulf region with flooded communities, damaged homes, downed power lines, and destruction that could take years to rebuild. Americans and organizations across the country have stepped up to volunteer in the disaster zone or send funds and other resources to aid those in need. Manufacturing companies are doing their part as well – and together have donated more than $36 million to the Harvey relief effort. Here’s a list of manufacturers who have chipped in what they can, and will be updated as more news comes in. Click the links to learn more about each manufacturer’s specific efforts: Verizon donated $10 million to the disaster relief effort and has partnered with local and state government officials to identify four non-profit agencies to support. Lennar, one of the nation’s largest home-builders, donated $1 million to the United Way of Greater Houston Flood Relief Fund. UnitedHealthcare, Optum and UnitedHealth Group announced a donation of $1 million and are
Bass Pro Shops is assisting the Houston-area with Hurricane Harvey relief efforts by providing dozens of boats to rescue and relief efforts. The outdoor retail giant is coordinating with local, state and federal agencies – including police, fire and rescue teams on the ground, according to a news release. They will be providing more than 80 Tracker boats to government agencies and rescue organizations in Houston and other communities impacted by Harvey. Bass Pro Shops is also supporting the efforts through its Bass Pro Cares Fund and are supporting disaster response organizations by donating relief supplies totaling $40,000. “The company remains in close contact with the governor’s office, first responders, and associates on the ground to monitor response efforts and assess ongoing needs. Bass Pro Shops encourages all customers and community members who want to support relief efforts to donate directly to the American Red Cross.” Read more on Chron.com.
Anheuser-Busch will deliver five additional truckloads – over 255,000 cans – of emergency drinking water to Corpus Christie, Houston, and Austin to aid Hurricane Harvey response efforts. These deliveries come after three initial truckloads were delivered to the Gulf Coast earlier this week, bringing the total number of cans provided to over 410,000. The first truckload was sent from Anheuser-Busch’s Cartersville brewery in Georgia and delivered to the American Red Cross in Baton Rouge on Monday, August 28 with the generous help of Mockler Beverage, one of Anheuser-Busch’s wholesaler partners. The additional truckloads are scheduled to arrive at American Red Cross facilities in Arlington, Corpus Christie, Houston, and Austin in the coming days. The Texas deliveries will be made with the help of wholesaler partners Ben E. Keith, Silver Eagle, L&F Distributors, and Brown Distributing. The Cartersville brewery halts production periodically throughout the year to prepare canned drinking water that can be quickly distributed to help American communities in need
According to KSMU, President Donald Trump plans to visit Springfield, Missouri this Wednesday to deliver a speech on tax policy reform. Lisa Cox, spokesperson with the Springfield Police Department, said in an email to KSMU it “has been contacted about President Trump visiting Springfield sometime on Wednesday, Aug. 30.” No other details were immediately available. Read the full story here.
The Eurozone manufacturing sector expanded further. The Markit Flash Eurozone Manufacturing Purchasing Managers’ Index (PMI) posted a strong reading of 57.4 in August from 56.6 in July. Both output and new orders rose sharply, stemming from the fastest pace in export growth in six-and-a-half years. Germany continued to post a strong reading with 59.4 in August, up from 58.1 in July. Strong manufacturing indicators continued in France as well, with a 55.8 Flash Manufacturing PMI in August from 54.9 in July. This also marked the highest level in more than six years for both countries. Back on the home front, the U.S. manufacturing sector continues to improve, though at a modest pace. The Markit Flash U.S. Manufacturing Purchasing Managers’ Index (PMI) remains above the 50.0 neutral mark, but slipped a little from 53.3 in July to 52.5 in August. Weaker growth in both output and new orders were the key factors that pulled down the latest survey results. Production volumes also expanded at a slower pace. At the
A 23 member panel held a third meeting in its quest to determine the financial future of roads and bridges in Missouri. The 21st Century Transportation Task Force is charged with assessing the state road system and determining the funding source and level needed to sustain it. Missouri Transportation Task Force hearing at the Springfield Chamber of Commerce Wednesday’s hearing in Springfield focused on the impact of transportation on business and economic development. Rod Reid, Chairman of the Missouri Transportation and Development Council, spoke at the task force meeting. Associated Industries of Missouri’s President Ray McCarty was also in attendance representing the business community. “Unfortunately, we don’t want to wait until the roads get bad” said McCarty. “So it’s very much a chicken and egg thing. You don’t want to wait until the roads are bad and you have a disaster like Minnesota to start taking action and correcting it. We want to stop it before people die.” Read the
By Stacey Marler, Missouri Enterprise Project Manager Search engine optimization or what is commonly called “SEO” is the process of affecting the visibility of a website or a web page in a search engine’s unpaid results. This is often referred to as receiving a “natural” or “organic” search result. SEO may also include different kinds of searches, including web content, videos, news, and images. Think of SEO as being in a library and you want to find a book to learn Calculus. The librarian brings back a hundred books for you to pick from but how do you know which one is what you need. The librarian might mention that a certain book is checked out more than others or that this book is backed by the local college. With this extra information, it may sway your decision on which book to pick. This is what the web search engines such as Google are checking for you. They rank pages based
The Doe Run Company (Doe Run) released its most recent sustainability report, available at sustainability.doerun.com. As a privately held company, Doe Run chooses to report on its commitments annually as one way to keep its communities informed of the company’s performance and future outlook. “For much of 2016, Doe Run continued to face challenges from depressed lead prices, regulatory capital spending requirements and other regulatory uncertainty,” said Jerry Pyatt, Doe Run president and CEO. “Despite this period of uncertainty, we continued important process and equipment improvements so that we could be ready to capitalize on a lead price rebound. Fortunately, lead prices have recently improved, and we are in a position to increase mine development this year to help meet global demand for our lead, copper and zinc concentrates.” Throughout 2016, Doe Run focused on upgrades to meet its commitments to workforce safety, environmental standards and customer needs, including: Process improvements and other safety measures that contributed to record low workforce exposure