Word: rails
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...three-year-old plant in England's West Midlands was Cat's first European facility. Each month, it processes 15,000 worn-out, grime-encrusted engines and parts. Caterpillar has moved beyond remanufacturing just its own diesel engines and components; 40% of the automotive, truck, rail and marine motors and parts remanufactured in Shrewsbury were originally built by other companies. Fisher calls reman a "nicely profitable business." How profitable? Cat does not break out the figures, but Fisher says the returns are "above average," and Nasr notes that profit margins for some reman goods are double those of new products...
...swiftly vilified by all parts of the political spectrum, including fellow Cabinet members, for appearing to suggest that the atomic bombings could be viewed as historically justifiable, and not solely, as Japanese are taught, as an unforgivable war crime. Kyuma had touched the third rail of Japanese politics, incurring the wrath of the influential A-bomb victims' groups. Though Prime Minister Shinzo Abe briefly supported his handpicked defense chief, by July 3 it was clear Kyuma had to go. "I told Prime Minister Abe I would take responsibility and resign," Kyuma said to reporters Tuesday afternoon. "I truly apologize...
...underlying sea bed—and possibly Spanish-Moroccan relations—will never be the same again. No, it isn’t a miscalculation of a Pangea Ultima configuration; the governments of Spain and Morocco just agreed to construct an underwater tunnel to connect their rail systems. But with their announcement came little fanfare...
...there is the same gap between the advertised image of a prosperous city and the stark reality; it is the same hype surrounding the "Incredible India" campaign. Come monsoon rains, many homes in this hi-tech city will be flooded with rainwater and sewage sludge. Good roads, metro rail, airports and other facilities have been on the drawing board for years, but there's little evidence of it on the ground. The IT sector and outsourced jobs help a token few, while crime and inflation have only increased. Mathew Varghese, Bangalore, India...
...priority these disparate, confused groups share, however, is bringing the annual G-8 meeting to a grinding halt. They managed to shut down all the road and rail access to the summit Wednesday, and interrupted it Thursday. Some skeptics at think-tanks and college campuses around the world have suggested that may not such a bad thing. The annual G-8 meeting is an anachronism that no longer pursues the economic agenda for which it was created, they argue; it doesn't include some of the world's most important economies (China and India are not in the club...