Blount International has revised upward its sales estimates for the fiscal year from $480 million to $502 million. "The year finished solidly," said Josh Collins, Blount's CEO. "We recorded year-over-year sales growth of approximately 6% in the fourth quarter."
Republican lawmakers who are trying to invalidate the Environmental Protection Agency's greenhouse-gas endangerment finding face an "uphill battle," said Sen. Lisa Murkowski, R-Alaska. However, even if the legislative measures fail, looming lawsuits will "effectively kill the endangerment finding," said Sen. James Inhofe, R-Okla.
Needlessly strict rules foster employee resentment, and they don't really make your business more productive, writes Ralph Heath. Throwing away the rulebook and showing a little compassion and flexibility can help keep your employees happy, and ultimately make your business more efficient, Heath argues.
Blount International named Joshua L. Collins as president and chief executive officer, effective Jan. 4 when current CEO James S. Osterman retires. Collins started with the industrial manufacturer in 1999 and has been a director at Blount since 2005.
Blount International won $2 million in damages from a patent-infringement suit filed against TriLink Global LLC. The dispute arose over a chain saw nose sprocket design with patented "Cradle" technology. "This victory emphasizes that we will not allow companies to misappropriate our intellectual property," said James S. Osterman, chief executive officer of Blount.