What do you do if your core business is imploding not because you are bad at what you do, but because the world has suddenly changed. Ask the Tribune Company, parent of the Chicago Tribune newspaper, the Los Angeles Times, the Chicago Cubs, and part owner of WGN television network and the Food Network cable channel. Tribune Company’s newspapers are losing circulation and advertising weekly to Craigslist, ESPN and themselves on the web. America’s newspapers have a mass case of Parkinson’s for which there is no current cure. Younger people want their news on the Internet. It’s that simple. The…
Author: Noah Graff
As I am writing, the Congressional elections are an unknown. The conventional wisdom is that the Democrats will win the House and possibly the Senate. Is this a big deal if it happens? From a legislative standpoint it is a nonevent. But from a political point of view it is significant. The Republicans have held the House for 12 years. Six years of Bill Clinton and six years of Bush, the political climate in Washington continues to sour. The animosity between the parties is stronger than I can ever remember. This is good and bad. Legislatively we will have gridlock.…
For me, the highlight of IMTS was the Ex One exhibit. This company, led by former head of Extreme Hone, Lawrence Rhoades, and former CEO of Gleason Works Theaters John Burns, is revolutionizing the world of machining. Perhaps not revolutionizing, but replacing much of machining as we know it, using a three dimensional process, which incorporates a layering of metal powder by a version of inkjet printing. Ex One is already using this process to make sand models for casting. It is also beta testing a similar mode of making dental crowns using gold powder added layer by layer to…
Mazak looks like a big winner. Their exhibit is almost always swarming, and they have focused on big machines well suited for the boom in energy production and distribution. Haas seems crowded. They have a million machines and hordes of salesmen and technicians. I have done a sampling of attitudes of show attendees regarding the company and its products in light of Gene Haas’s indictment. I have found a general awareness of the tax problems, but the people I have talked to feel positively about the products and service. This seems to trump anger or dismay about the court case.…
Welcome to the 21st century Tornos. At the Tornos press conference, I was impressed with Scott Kowalski, who has taken the reins at Tornos in America. Tom Dierks, who led Tornos for many years, was a fine person, but the business in America deteriorated under his watch. Market share slipped to also-ran status, despite having a superior piece of hardware to sell. Tornos appears to realize the problem. They have improved the software by partnering with PartMaker and developing a Windows-based product. They are building a “Center for Excellence” in Naperville, IL, outside of Chicago, which sounds like it will…
Eight days of IMTS. Are you kidding? This is an idea from yesteryear. If you compressed IMTS to three days, everybody would come for those three days. Comdex, the National Hardware Show, big medical conferences – nobody does more than three or four days anymore. The programming doesn’t even fill three days now. The weekend is slow, especially Sunday. Perhaps the downtown restaurants and hotels like the added traffic, but IMTS should be for the participants, not the city it is located in. And for the participants, eight days or six days is a big inconvenience and physically bone crushing.…
Upon entering the main Hall at IMTS you are immediately invited to take the “Show Daily” pamphlet by an attractive young woman in a tight blouse and spiked heels. For as long as I’ve been coming to IMTS, there’s always been Gardener’s “Show Daily”, a cheerleading shopper, which parodies journalism. It’s a compilation of advertorials barely masquerading as editorial copy. IMTS degrades itself by allowing the handout to be called “The Official Show Daily of IMTS 2006.” Perhaps people are dumbed down by years of pedestrian tripe, but for some reason some companies continue to spend lots of money to…
The great rip off of IMTS is the $1200 that McCormick Place charges to run an Internet connection to an exhibitor’s booth. Such a charge is absurd on its face, but even more heinous because at least where the TMW booth is located, we can buy the McCormick Place Wi-Fi signal for $10 a day. It is perfectly adequate for email and searching Google but a little slow for video. The McCormick Place Wi-Fi points out how old school the IMTS-McCormick Place approach is, despite the kinder and gentler face the Teamster’s Union is presenting. On Tuesday, the day before…
One week until IMTS and I’m pumped. For me this is a show, a spectacle a conversation, an old home week and a roving seminar in machinery, tooling and software. It is also a huge test. For Today’s Machining World, it is time to match ourselves up with the other publications in the field. We are still considered newcomers by some, and our approach is so different from the competition that I am anxious to sample our reach and acceptance on the IMTS floor. It is certainly a physical test. Walking a million square feet every day for a week…
My friend Stanley lives for laundry. He is a young entrepreneur who brings his intellect and creativity every day and night to his sliver of a laundromat in a strip mall in Homewood IL. The Starbucks and Panera Bread stores are the offices where he plots his forays into the lucrative land of institutional laundry. Hospitals are the Valhalla of laundry. A decent sized hospital has a million dollar a year laundry tab. Stanley says once you get into a hospital’s billing system it takes explosives to evict you. So how does a tiny strip mall laundromat shop get into…