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Daily Archives: August 4, 2017
BWXT NEC to provide seven heat transport motors for Bruce Power reactors – Power Technology
Posted: August 4, 2017 at 1:11 pm
BWX Technologies subsidiary BWXT Nuclear Energy Canada (BWXT NEC) has secured a new contract to supply seven primary heat transport motors for six nuclear reactors operated by electricity company Bruce Power.
The deal isvalued at C$34m ($27m) andis a part of Bruce Powers life-extension programme, which isexpected to ensure continuous supply of clean, low-cost, and reliable electricity to Ontario, Canada.
BWXT NEC will be responsible for project management, engineering, and manufacturing of the seven 11,000hp motors, which are employed to drive the main circulating pumps used to push heavy water through the reactor core into the steam generators.
The first motor of this order is scheduled to be delivered by mid-2018.
"BWXT NEC will be responsible for project management, engineering, and manufacturing of the seven 11,000hp motors."
Bruce Power president and CEO Mike Rencheck said: Partnering with BWXT NECfor this important motor work is critical to ensuring the life extension and operation through 2064.
Planning and preparation is key to our continued on-time and on-budget performance since January 2016 when our life extension programme was started.
With the new extension, Bruce Power aims to create and sustain 22,000 direct and indirect jobs every year. It is also expected to create C$4bn ($3.1bn) in annual economic benefit for Ontario.
Currently, Bruce Power fulfils 30% ofthe province'selectricity demand.
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BWXT NEC to provide seven heat transport motors for Bruce Power reactors - Power Technology
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GE inks multiyear service agreement for Daya Bay nuclear power base in China – Energy Business Review
Posted: at 1:11 pm
EBR Staff Writer Published 04 August 2017
GE has inked a 12-year agreement with Daya Bay Nuclear Power Operations and Management (DNMC) to help boost reliability and profitability of three Chinese nuclear power plants.
Under the terms of the multiyear agreement (MYA), GEs Power Services business will provide services to DNMCs Daya Bay, Ling Dong and Ling Ao nuclear power plants which make up the Daya Bay nuclear power base.
The services would be for steam turbines, generators and auxiliary systems of the three nuclear plants located in the Dapeng Peninsula on the coast of South China Sea.
As per the agreement, GE will provide engineering support, spare parts, on-site service, repair and life extension services for the steam turbines.
Through the MYA, the Chinese nuclear plants are expected to deliver sustainable electricity for the Guangdong Province, Hong Kong Special Administrative Region.
It will also help in reducing the operating costs per unit kilowatt-hour of the nuclear power plants while saving on fuel costs. Besides, the MYA is expected to bring in sustained operating performance along with stability and profitability for the long-term.
GE Power Services business in China general manager Xu Xin said: "We collaborate with our customers to tailor MYA solutions that are unique to their needs.
Each MYA solution is customized to meet the unique needs of different power plants. Our goal is to bring long-term value to power plants, like the Daya Bay nuclear plant, with agreements focused on key metrics for the equipment such as availability, operational flexibility and efficiency.
DNMC and GE have been collaborating on the Daya Bay nuclear power base for the last 30 years.
DNMC deputy general manager Li Zhishen said: The MYA we signed with GEan industry leader in power equipment development, manufacturing, repair and maintenancewill help us steadily uplift equipment reliability and operating performance.
The Chinese nuclear power base was originally built with Alstom whose power business was acquired by GE in 2015. GE, since then, has grown its total plant solutions portfolio which includes its services platform dubbed Fleet360 andaddition ofnew technology capabilities for nuclear power plants.
Image: GE signs MYA to service equipment at the Daya Bay nuclear power base. Photo: courtesy of General Electric.
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Hecla Mining’s (HL) CEO Phil Baker on Q2 2017 Results – Earnings Call Transcript – Seeking Alpha
Posted: at 1:11 pm
Hecla Mining Co. (NYSE:HL)
Q2 2017 Earnings Conference Call
August 03, 2017, 10:00 AM ET
Executives
Mike Westerlund - VP, IR
Phil Baker - President & CEO
Lindsay Hall - SVP & CFO
Larry Radford - SVP, Operations
Dean McDonald - SVP, Exploration
Analysts
Ted Beachley - FBR Capital Markets
Heiko Ihle - Rodman & Renshaw
Eliot Glazer - Wm Smith & Co
Matthew Fields - Bank of America
Mark Mihaljevic - RBC Capital Markets
Operator
Good day ladies and gentlemen, and welcome to the Second Quarter 2017 Hecla Mining Company Earnings Conference Call.
At this time, all participants are in a listen-only mode. Later we'll conduct a question-and-answer session and instructions will follow at that time. [Operator instructions]. As a reminder, this call may be recorded.
I would now like to introduce your host for today's conference, Mike Westerlund, Vice President, Investor Relations. Please go ahead.
Mike Westerlund
Thank you, operator. Welcome everyone, and thank you for joining us for Hecla's second quarter 2017 financial and operations results conference call. Our financial results news release that was issued this morning before market opened, along with our exploration release and San Sebastian releases issued on August 2nd, and today's presentation are available on our website.
On today's call we have Phil Baker, President and CEO; Lindsay Hall, Senior Vice President and Chief Financial Officer; Larry Radford, Senior Vice President, Operations; and Dean McDonald, Senior Vice President, Exploration.
Any forward-looking statements made today by the management team come under the Private Securities Litigation Reform Act and constitute forward-looking information under Canadian securities law, as shown on slide two. Such statements include projections and goals which are likely to involve risks detailed in our Form 10-K, Form 10-Q, and in the forward-looking disclaimer included in the news release and at the beginning of the presentation. These risks could cause results to differ from those projected in the forward-looking statements. In addition, in our filings with the SEC, we are only allowed to disclose reserves which are mineral deposits that can economically and legally extract or produce. Investors are cautioned about our use of terms such as measured, indicated, and inferred resources, and we urge you to consider the disclosures that we make in our SEC filings.
With that, I will pass the call to Phil Baker.
Phil Baker
Thanks, Mike. Hello, everyone. We had a very good quarter, and in many respects, it's very much in line with our plans, except for our tax provision. And there's also some positive recent developments that I'd like to start by highlighting.
First, we secured the Velardena mill at our San Sebastian mine through 2020. And San Sebastian has really been a great creator of value for shareholders, which given its growth in production, very low cash costs, and all-in sustaining costs after by-product credits, it's given substantial cash flow, triple-digit returns, and it's also -- now we're seeing mine life extension to this property.
Last year, San Sebastian was an important cash flow generator, and this year that continues, albeit at a lower amount, as expected. And it looks like that performance will continue for three more years through 2020. And I'm sure that's not going to be the end. At this point, our focus has only been on the cyanide-amenable ores. Now we're looking at sulfide ores to combine with the already-discovered Hugh Zone. There's a lot more I can say about it, but I'm going to let Larry and Dean speak about that later.
Our mines operated according to plan in the first half of the year. The lower grades were anticipated at the mines due to mine sequencing, and at Casa Berardi, the second half not only has higher grades, but also reduced stripping costs. So, we expect significant free cash flow from that property.
At Greens Creek, the TCs and RC terms for zinc and lead are very much improved in 2017, and we'll start seeing really the effects of that over the second half of the year. And of course, we've seen a nice increase in the zinc and lead prices, which represent about 20% of our revenue.
The performances of Greens Creek and San Sebastian's have translated directly into cash cost per ounce of $0.26 and all-in sustaining cost per ounce of $9.97 net of byproduct credits. So, basically, Hecla's generating $6 of margin for every ounce produced. Not many in the industry have such low costs. And as a result of that, we really have seen great share price performance compared to our peers.
We pre-released our preliminary results in late June, and our operating results and those financial results are as expected. And calculating the income tax provision, including in those preliminary results, we use the existing statutory rate, given that we could not estimate what our actual effective income tax rate for the quarter would be, and we're reporting them today.
It may seem surprising that we have such a high tax provision on negative pre-tax income. And Lindsay will explain it, but basically, we calculate the estimate for the year, and then apply the effective tax rate to the current quarter because pre-tax income is more negative than what we'll have for the year since we're expecting such a strong second half.
As expected, our capital expenditures are down 43% this quarter as we have completed the #4 Shaft, and we've reduced the Lucky Friday spending due to the strike. Interestingly, the capital is a pretty good match to available cash flow since we still have more than $200 million of cash on the balance sheet.
Now, let me talk for a minute about the strike at the Lucky Friday. I'm disappointed that it's not resolved, but we're determined to manage the mine like we manage all of our mines. And the only real issue with the union, the only real issue with respect to the strike is who gets to determine where people work, with whom they work, and when they work. And why is this so important?
Because we just view these as fundamental activities of management, and it's what we do at every other mine. And we believe that, with our managers having this capability, they will be able to increase productivity, and therefore profitability of the mine.
The impact of the loss of production at the mine due to the strike is minimal, given the margin of the mine at this time and the financial strength Hecla has, particularly when we consider that we're setting this mine up to operate successfully for the next 30 years.
And so, with that, I'm going to pass the call over to Lindsay.
Lindsay Hall
Thanks, Phil. Firstly, just like to highlight that, when you look at the second quarter results on Slide 5, it is important to keep in mind that the strike at Lucky Friday has impacted many of the comparative numbers.
For the three months ended June 30th, 2017, we reported $134 million in sales of products, a 22% decrease in revenue over the same period of 2016, as shown on Slide 5, as a result of lower metals production partially offset by higher base metal prices.
Factors to be noted in the second quarter results compared to the previous year's quarter was interest expense of $10.5 million, which was higher as capitalization of interest ceased once the construction of the #4 Shaft was completed at the end of 2016. Also, this quarter, we had budgeted higher exploration and pre-development costs of $6.9 million than the previous quarter.
Getting into the quarter, net loss applicable to common shareholders was $24.2 million. Contributing to the loss were a couple of unusual items reported in the quarter. Rather than Lucky Friday generating operating income in the quarter, we incurred $6.4 million in costs related to the suspension of mining activities, plus an additional $1.5 million of non-cash depreciation expense.
Suspension costs would be around $1.1 million to $1.5 million per month if the company had elected to do very limited production or just carry maintenance. So, as you can see, we're still in mode of reducing those suspension costs. Each and every month the run rate gets a little better.
We also booked an income tax provision of $16 million, which is unusual given that we had a loss before taxes of $7.9 million. Normally you would expect a recovery of taxes rather than a provision. But given our view of our tax losses going forward, we did not book any benefit in the quarter regarding tax losses being generated, which would have helped offset the income taxes owed in Canada and Mexico.
Turning to cash flows, the second quarter of 2017 provided positive operating cash flows of $7.5 million in spite of the expected lower metals production, payment of interest on the senior notes, payment of incentive compensation related to prior year's performance, and payment of estimated income taxes in Mexico.
Capital expenditures amounted to $24 million for the quarter. For the full half-year, our cash flow from operations amounted to $46 million, which funded the like amount of capital expenditures of $46 million. So, we continued to generate cash and reinvest at our various operations, and in exploration activities both at our mines and at our other exploration properties.
During the quarter, we accessed the at-market -- the ATM, or At-The-Market facility and raised some $9.6 million of cash that was earmarked for various corporate initiatives. Company-wide cash cost after by-product credits per silver ounce declined 93% from last year to $0.26, and the all-in sustaining cash cost after by-product credits also declined to $9.97.
So, our margins in silver, which generated the cash flows, remained some of the best in the business. At the end of the quarter, cash and cash-like investments totaled $201 million, which was some $11 million lower than the beginning of the quarter.
On Slide 6, just briefly, you can see we maintained that diversified revenue stream, with gold at 47%, silver 33%, and lead and zinc at a combined 20%. Greens Creek continues to be the dominant source of revenue.
Moving to Slide 7, as you can see on the left slide of Slide 7, our adjusted EBITDA on a last 12 months' basis is up 37% over the second quarter of 2016, and the net debt to EBITDA has been maintained at a solid 1.3 times. We have about $300 million in liquidity, including an undrawn $100 million line of credit.
Our only debt outstanding comes due in 2021. We did test the waters to push out our debt maturity, but the terms are not as good as we expected. And rather than close the bad deal for the equity holders, we canceled the bond refinancing deal and will wait on improved interest rate environment.
That said, we are committed to using the credit strength of our company to achieve a commensurate reduction in our interest expense that we're currently incurring. We did extend the revolving line of credit out two more years, and S&P recognized our credit strength by improving our debt rating to B, which shows that they feel we're on the right track to our goal of achieving investment-grade status.
So, in summary, despite the strike at Lucky Friday, we continue to enjoy a strong balance sheet, excellent silver cash cost after by-product credits and all-in sustaining costs, and are optimistic about the potential for the rest of the year and beyond.
With that, I'll now pass it on to Larry to talk about the operations.
Larry Radford
Thanks, Lindsay. On Slide 9, you can see Greens Creek had another excellent quarter, producing 1.9 million ounces of silver at a cost of sales of $54 million and a cash cost after by-product credits of $1.86 per silver ounce.
The all-in sustaining cost after by-product credits was $8.71 an ounce. The lower production was due to lower grades than the second quarter of 2016, as was expected, and the prices of our by-products helped with the cost numbers.
On Slide 10, you can see our Teleremote LHD in action at Greens Creek. The LHD has successfully been operated remotely from surface in a long-haul application, mucking by itself and hauling to an ore pass, all automatically, with the operator simply pressing the button on each cycle to continue mucking.
We are studying the application of the unit to drift and fill stopes, with the goal of having faces ready for the entry of the bolter at the start of the shift. Bolting is generally the bottleneck in the mine.
We installed the first Woodgrove staged flotation reactor in the lead bulk circuit at Greens Creek, as you can see on Slide 11. The commissioning has gone well, and we expect to benefit in the form of increasing revenues in the second half of the year, particularly in the fourth quarter, with the goal of driving the metals to the bulk concentrate for which there are better smelter terms. With the successful commissioning of this unit, we believe that there's further opportunity for additional units in the zinc and lead rougher circuits.
As Phil noted, the strike continues at Lucky Friday, but we are not idle there. Crews have continued doing needed maintenance in #2 Shaft, completed a needed bypass ramp, and performed limited stope mining and backfilling. We continue to make investments to improve the mine, as noted by Lindsay. This is why our suspension costs are higher than they would be in care and maintenance.
On Slide 13, Casa Berardi is on plan for the year. In fact, mine plan compliance has never been better. As a result, we maintain our guidance for Casa Berardi for the year. A quick review of the guidance will highlight that production for the year is heavily weighted towards the second half. This was the plan from the beginning, and we are executing it.
Lower underground grades in the second quarter resulted in a decrease of gold production by 21% over the prior year period, but we expect grades will climb in the third quarter. In fact, they are climbing now. Additionally, the open pit grade will rise some in the second half, and the expense tons stripped should fall, improving both cash costs and all-in sustaining costs.
The big story at Casa is the increased throughput that has been made possible by introducing open pit material, more than 100% since we acquired the mine, as seen on Slide 14.
The plant throughput this quarter, 3,628 tons per day, is a record at the mine, but we're not stopping there. The team continues to look into increasing the throughput further. For example, we are currently running a throughput trial, which is a method for adding additional grinding horsepower.
A side optimization process has begun. This optimization process involves modeling of the mill and open pits, and a determination of the optimum open pit underground feed mix. The work will be ongoing throughout the year and should be completed by the end of the year.
In addition, automation of the 985 drift, which is under construction as shown on Slide 15, is on track for commissioning by the end of the year. All breakthroughs for the drift are completed, and chute and communication equipment installation are ongoing.
This drift should ultimately result in the reduction of trucks and associated maintenance and personnel costs. The first of the two 40-tonne Sandvik trucks has been delivered to site and should be operational by year-end, with a second truck going into operation in 2018.
San Sebastian continues to impress, as you can see on Slide 16. In its first year of operation, it generated twice as much cash flow as was expected. In the second quarter, it generated about $8 million of free cash flow from 867,000 ounces of silver at a cost of sales of $5.1 million, the cash cost after by-product credits of negative $3.31 per silver ounce and an all-in sustaining cost after by-product credits of $0.06 per silver ounce.
The team is on track to begin underground ore production by the end of 2017, as shown on Slide 17. This is one of the few mines in the world that is expected to be cash flow positive in its first year going underground, which is a testament to the high-grade material and the skilled team we have in Mexico.
I particularly want to highlight the news that we have secured the mill contract for another two years through our excellent exploration efforts, we have identified what we believe is sufficient material to fill the mill into 2020. So, the big takeaway today is that San Sebastian should continue operating for the foreseeable future, and we are looking forward to its cash flow impact for years to come.
I will now pass the call over to Dean.
Dean McDonald
Thanks, Larry. Hecla has a very busy quarter with the drill bit, with successes at San Sebastian, Casa Berardi, and Greens Creek. A list of drill intersections is provided in the appendix of the exploration release. These results will give you insights to where we may have future gains in reserves and resources.
The San Sebastian property continues to generate multiple opportunities to find new high-grade resources to extend mine life. On Slide 20, you can see the current middle, north, and Francine Vein pits in the yellow outlines, the surface projection of the new West Middle Vein reserve, the new underground ramp under development in black, and the green ellipsis, where drilling is defining new reserves and resources.
Of note in the diagram is the West and East extensions of the Middle Vein and the East Francine Vein, where drilling continues to expand resources and reserves, and is expected to be a large contributor to prolonged production at San Sebastian.
Slide 21 shows the longitudinal section of the Middle Vein, with over 9,000 feet of continuous mineralization. Recent drilling at the west end of the reserve, as outlined by rectangles on the left of the diagram, has defined some high-grade mineralized pods near the proposed production ramp.
This drilling may also represent the upper fringe of a base metal-rich Hugh Zone-style mineralization that we predict from temperature data will be at the elevation as defined by the ellipse in the diagram. Drilling at the east end of the Middle Vein recently returned high-grade intersections that are expected to expand the resource that is near the high-grade East Francine Vein.
Drilling about 1,000 East of the East Francine pit, as shown in the longitudinal on Slide 22, continues to intersect high-grade mineralized vein that is 300 feet from surface and can be traced for 700 feet along strike and 550 feet down dip.
Intersections include 0.7 ounces per ton gold and 288 ounces per ton silver over 4.6 feet. It is open to the east and at depth, and step-out drilling is continuing. These new East Francine and Middle Vein resources are close together and could represent a new mining area.
During the quarter at Casa Berardi, we have eight drills operating within the longitudinal shown on Slide 23, underground drilling focused on expanding reserves and resources and defining completely new resources.
Drilling at the bottom of the mine shows multiple high-grade lenses of the 118 and 123 zones extend below the workings. Up to three drills on surface confirm the continuity and expanded near-surface mineralization of the 124, 134, East Mine Crown Pillar, and 160 zones that will determine the viability of these areas for expanded open pit mining.
A new near-surface resource is also developing in the west in the northwest area. The red arrows in the longitudinal project the extensions of many mineralized zones down-plunge throughout the mine and show the huge potential to extend the life of Casa Berardi.
The plan map in Slide 24 shows a series of proposed and planned open pits along the Casa Berardi fault, which is why we're so excited about the open pit potential along this trend. What is also promising is that the higher-grade mineralization appears to extend from these areas to [depth], opening the potential for additional underground mining on these bodies, as well.
The most advanced area for a new pit is the 160 zone to the east of the East Mine Crown Pillar, as shown in Slide 25. Recent drilling has shown continuity of the mineralization, resulting in a revised resource and possible pit design to follow. We plan to evaluate the entire Casa Berardi fault corridor from surface to search for more open pits and to test if we can combine them into larger, more productive pits.
Elsewhere in the company, drilling at Greens Creek continues at the East Ore of the play, West 9A and Deep Southwest zones to define new reserves closer to surface and the mine portal, as shown on Slide 26.
And with this, I'll pass the call back to Phil now for closing comments.
Phil Baker
Thanks, Dean. The three mines continue to perform well. They're according to plan, and we see the second half of the year being quite strong. We're able to live with the strike without bending our balance sheet because of the strength of our other assets.
We continue to innovate to increase safety, productivity, and improve our cost structure. We've extended the life of San Sebastian, and we're increasing our exploration efforts there even further. So, stay tuned for all this.
And so, with all that, we're in good shape for the third quarter, and we'd be happy to answer any questions you might have.
Question-and-Answer Session
Operator
Thank you. [Operator instructions] And our first question comes from Lucas Pipes from FB&R Company. Your line is now open. Please go ahead. Pardon me, Mr. Pipes, your line is now open.
Ted Beachley
Sorry about that. Ted Beachley here for Lucas. And we were just wondering, why did you guys use the ATM this quarter?
Phil Baker
We periodically will use it for discreet obligations we have, and in this case, we applied it to the pension plan. And you'll see us do that periodically. It's just a way to deal with some long-term sorts of liabilities, is how we've used it, and we did the same thing in the past. We did the same thing about a year ago.
Ted Beachley
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Understanding FANTASTIC FOUR’s Legacy & Possible Future – Newsarama
Posted: at 1:10 pm
Credit: Marvel Comics
With "Marvel Legacy" under two months away and neither hide nor hair of the Richards family cropping up, it is starting to seem as though the one returning title fans most expected as part of the (un)relaunch may not happen after all.
Yes, there is a small Fantastic Four presence in the "Legacy" solicitations Marvel Two-In-One brings back Ben Grimms 70s team-up title in a big way. But the family dynamic the team once occupied has largely been co-opted by the new Defenders, which features Marvels new premiere married couple, Luke Cage and Jessica Jones.
But the somewhat surprising lack of Fantastic Four Marvels literal first superhero family - in a movement designed to capitalize on Marvels roots and its decades long history led us to consider what it would take to bring the FF back in a meaningful way, as a continuing presence in the Marvel Universe and the reasons why they left in the first place.
The perception of the why of the Richards familys absence certainly seems to be that the Fantastic Four no longer connected with audiences - according to Marvel.
Fantastic Four is a title and a concept that has a lot of built in historical importance in the Marvel Universe, but to the readership of today, it doesnt resonate the same way that X-Men, or Avengers, or even Guardians of the Galaxy does right now, Marvel Executive Editor Tom BrevoorttoldNewsarama in January 2016 after the conclusion of Secret Wars, the crossover that took the Richardses and by proxy the FF off the board. Its sort of taken for granted. Its sort of seen as a holdover from another era. Which isnt to say that the characters arent great, or the concepts arent important, or that it isnt a lynchpin of the Marvel Universe, but its just the facts of the world, and the zeitgeist of today. Fantastic Four hasnt been at the forefront.
However, Jonathan Hickman, who wrote Fantastic Four and the companion FF series, as well as Secret Wars, takes a slightly different position.
Of course not, Hickman told Newsarama when asked if he agreed there was a disconnect between audiences and the Fantastic Four. Not only because my personal experience is that it's not true, but the idea behind that conceit is that the core concept is somehow broken. Which is nonsense.
"Family, Future, and Exploration, are timeless, universal concepts. Sure, they can be nostalgic, but they don't have to be. That's really the brilliance of a lot of the early Marvel characters, they were created by guys wrapping both arms around timeless themes, Hickman continued. There are some exceptions to this, of course, but for the most part almost everything Marvel owns is highly malleable and easily exploitable. I'd argue execution is the mission critical element necessary for a Marvel book to succeed. Fantastic Four is no different.
Its funny - just a few years ago there were two ongoing Fantastic Four comics, said one-time Marvel and IDW editor, now writer John Barber, echoing Hickmans sentiment. So I think it can connect with the audience - you just need the right story, and the right hook to draw people in to find out its the right story.
Kwanza Osajyefo, former DC Comics editor and current Director of Creative Strategy for PR firm Weber Shandwick (as well as writer of Black), pointed to other Marvel properties once perceived as far-fetched, saying Dont tell me a talking tree and anthropomorphic raccoon can sell but the Fantastic Four cant.
The concrete whys of the Richards familys absence have been a matter of speculation since they left the Marvel Universe in Secret Wars, but as it turns out, the actual reason for their disappearance from Marvel's publishing line may be exactly what some conspiracy minded fans have said all along - 20th Century Fox's ownership of the franchise's film rights - but maybe not for the reasons they may expect.
I think its pretty common knowledge at this point that Marvel isnt publishing Fantastic Four because of their disagreement with Fox, Hickman explained. While it bums me out, I completely understand because, well, it isnt like theyre not acting out of cause. Fox needs to do a better job there.
Hickmans reasoning seems to imply that Marvel did indeed drop the FF because of the Fox films not necessarily for financial reasons, but because the most recent reboot was both critically and financially unsuccessful, and failed to reflect well on Marvel's comic books. Marvel still publishes an entire line of X-Men comic books, for example, despite Fox also controlling that franchise's film rights.
Barber spelled it out more directly, saying Not to be blunt, but three f---ing terrible movies dont help anything.
I think the lack of a current Fantastic Four series owes a lot more to the film situation than to a lack of interest, he clarified.
But Hickman also says that the Fantastic Four didnt need to leave the Marvel Universe.
That kind of thinking runs contrary to everything I believe in as a professional storyteller, Hickman explained. It comes from a place of manipulation where an attempt is made to make the reader desire something through denial. It's hacky. It's suboptimal. It's the central tenet of all sh---y dating advice. If you want someone to care about a book, write a story they care about.
Its the publishers job to find a creative team with heart for the project and then get it to the right audience, added Osajyefo. Guardians of the Galaxy gave Marvel territory in sci-fi, Avengers is superhero drama, but exploratory, family adventure - thats the Fantastic Four.
Its clear which characters are absent, and thats a darned shame because I assume both Marvel editorial and fans have love for the Fantastic Four, he continued. Maybe that will be rekindled the way it has been with X-Men, but without a ride at Disneyland, their future is dubious.
When it comes to comic books, however, the Fantastic Four might just be one of the lynchpins to what Stan Lee himself described as "Marvel Legacy"'s intent of "returning to classic characters as they were originally portrayed" after all.
Fantastic Four is the birth of the Marvel Universe, explained Barber. Its the first comic published under the Marvel banner; it really started the set-up of heroes that dont always see things the same way. When Namor returned in Fantastic Four #4, it established the idea that the Marvel Universe was expansive and persistent - the stories from the 1940s still happened!
That was a wild notion. Plus, via the Skrulls and Galactus and Mole Man and Wakanda and the Microverse and Latveria the series created the foundation what the Marvel Universe was like, on Earth, below, and above. And in a literal sense of creating characters - so much came out of those Stan Lee/Jack Kirby issues, from Black Panther to the Kree to Doctor Doom to the Inhumans. Its an incredible bout of world-building and unfettered imagination.
But its the central tenet of the Fantastic Four, the guiding principle, that made them a hit in the first place that Barber says is the key to making them work in 2017 and which makes them so essential to the idea of the classic Marvel Universe.
Focus on the family, Barber said. I dont buy family being a problem with the Fantastic Four, its just a matter of figuring out and understanding what 'family' means to the contemporary world.
Youd be hard-pressed to make me believe Marvel cant light a torch under the Fantastic Four, quipped Osajyefo.
Art from 'Secret Wars #9'
But there's still the question of when they'll be back - because none of the creators talked to for this article are under the assumption that the Fantastic Four are gone forever.
"We knew a year or so out that the Fantastic Four as a property wasn't going to be published at Marvel past 2015," Hickman explained of their last appearance in Secret Wars. "When this became a foregone conclusion, then Secret Wars moved about six inches to the left to read as 'the last Fantastic Four story.' I mean, it's not, as it'll be back someday, and it's not, as it's only the Doom-Reed axis and not the entire family, but it's the best we could do because of how pregnant we were."
Back in 2016, just after the end of Secret Wars, Brevoort took the same position.
"Whether its tomorrow, or in a year, or in five years, the potential, and indeed the likelihood, is that there will be some new Fantastic Four book again," Brevoort said. "And in the meantime, those characters, for the people that love them, are still in play, and are still a factor in the Marvel Universe. But the omnipresent but overlooked Fantastic Four is not. Hopefully that absence will actually make it more valuable when we announce some Fantastic Four thing at some date in the future."
And, according to Hickman, there is one specific thing that could definitely bring the Fantastic Four back.
"Disney probably needs to buy Fox.
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Jabari Brisport Is Running For City Council to Bring Democratic Socialism to Brooklyn – The Intercept
Posted: at 1:10 pm
The Democratic Socialists of Americahave a big question to answer a 24,000-person strong question. According to a recent announcement, thats how many members the group claims to have, thanks in part to the interest in socialism prompted by the insurgent presidential campaign of Bernie Sanders and as a reaction to theelection of a far-right president in Donald Trump. But, as800 delegates descend on Chicago forthe DSA National Conventionthis week, the group must figure out how itsmasses of card-carrying socialists will engage in electoral politics.
Local chapters have debated how much energy to put into running for office versus engaging in issue advocacy, and whether to align with Democrats or work on building a new political party.
EnterJabari Brisport a DSA-endorsed, Green Party candidate for New Yorks 35th City Council District whooffers one potential path forward for the group.
A flyer for a New York City Council candidate forum hangs outside the Epiphany Lutheran School in Brooklyn, NY on July 26, 2017.
Photo: Bryan Thomas for The Intercept
Brisport is a 29-year-old African-American artist and activist who was born and raised in the 35th District, which includes portions of Crown Heights, Prospect Heights, and other neighborhoods in Brooklyn. In a wide-ranging interview with The Intercept, he described his motivation for running, and his thoughts on the larger political zeitgeist.
Grassroots politics runs deep in his family as does radicalism. Brisports mother is a former Black Panther. Hespent years organizing around local causes, and was an enthusiastic backer of Sanderss presidential campaign. Unlike Sanders, however, Brisport chose to end his cooperation with Democratic Party after the election.
Last year, I was really just fed up with the party, he said. After Bernie lost the nomination, I decided to moved on out to the Greens who, honestly, ideologically Im closer to and are a better fit with me. I was also tired of arguing with other Democrats over things I think are basic, like whether money influences politics.
The New York City Councils first-past-the-post elections, where whoever gets the most votes wins outright, running as a third-party candidate is tough.But because Brooklyn is so heavily dominated by Democrats,Brisport is essentially trying to introduce atwo-party competition. In doing that, hes walking a path similar to Kshama Sawant, the Socialist Alternative councilwoman in Seattle who defeated a Democratic opponent on a platform designed around democratizing wealth and power in the city.
The incumbent in the 35th District is a former art museum executive named Laurie Cumbo,who moved into the district to run for office in 2013. Brisports main ideological difference with Cumbo is their divergent approaches to developing Brooklyn.
Hers is what Ive seen called the Guggenheim Theory of development, which is that if you bring lots of really glitzy art spaces to an area, really great concert halls, really great art museums, so on and so forth, thatll bring economic improvement to the area, he noted. Which is like a half-truth. Because it brings more wealth and improvement to the area but also pushes out the poor people.
What Brisport is describing is the process of gentrification, which has swept his part of Brooklyn in recent years, drawing the ire ofAfrican-American and West Indian communitiesin the district. Brisport claims to offera more democratic form of growth guided by the local community.
Give more community control, he suggested, pointing to the redevelopment of the Bedford-Union Armory in Crown Heights. Brisport opposes plans to turn the 138,000-square-foot armory into a bonanza for private developers. Instead, he is supporting residents who want to turn the site into a community land trust. Under such a model, land development would be approved by a nonprofit controlled by the local community.
People from the community organize into a non-profit, and then you can turn over the land to them, instead of wealthy developer, he explained. They can choose who they contract out to. Maybe theyll contract out to a non-profit. Ultimately, theyll have final say in the negotiations.
That same spirit of greater localized democracy runs through the entirety of Brisports platform: From expanding participatory budgeting, to requiring police officers to live in the city, to taxing the rich to ensure a more equitable distribution of wealth and power.
One of the challenges ofBrisports run for office and for DSA, in general is defining democratic socialism in a way that Americans will embrace it as a mainstream ideology.
You tell somebody socialism without hearing somebody describe it, they automatically think government owns everything, takes away your property, he complained. Its not necessarily thinking about it as government. Its about We The People. Its about having power and agency over how things are guided.
He cited the financial crisis as an example of how a group of elites were able to negatively impact the lives of millions of people without facing democratic accountability.
In 2008, when the banks crashed the economy, we cant vote out the CEOs of those banks, we have no say over those bankers, he noted. However, if an elected official messes up the economy, you can vote them out. You have a say.
A crowd gathers for a New York City Council candidate forum inside the Epiphany Lutheran School in Brooklyn, NY on July 26, 2017.
Photo: Bryan Thomas for The Intercept
One of the obstacles Sanderss presidential campaign faced in his race against Hillary Clinton was the strong loyalty shown by older African-American voters to the establishment of the Democratic Party. The only cohort of the black electorate Sanders won was the youngest. The establishment party candidates also made strong showingsamong these voters of other ethnic backgrounds in races againstpopulists. In his re-election bid, Chicagos Mayor Rahm Emanuel, for instance, counted on strong black support to beat back challenger Chuy Garcia in his Democratic primary. Sanders-backed Tom Perriello suffered from a deficit among black voters in the Virginia Democratic gubernatorial primary.
For Brisports part, these shortfalls came largely thanksto a coordinated campaign by the partys establishment and the deep Southern tiesheld by Clinton and her husband, the former Arkansas governor President Bill Clinton.
The Democratic Party weaponized identity politics a little bit against Bernie Sanders, he said of last years presidential primary. As soon as he started losing the South, they made this whole thing of him not connecting with black voters. Which is insane. Because like, if Coke was really doing well in the South over Pepsi, nobody would be like, Well, I guess Pepsi is having trouble connecting with black voters!'
However, he also said Sanders should have adjusted his approach to appeal to a wider set of voters. Bernie also is a little bit guilty, he conceded. At some point, he failed to move things outside of an economic lens. I think he was asked this one question at a debate that was like, whats your biggest blind spot as a white person. He said, when youre white you dont know what its like to be poor. I dont know how he got to that conclusion.
I love Bernie. I would vote for him 10 times. But Im not sure what he was going for with that statement, Brisport continued. I think his bigger blinder was seeing so much from an economic lens, when you do need a mixture of an economic approach and an approach toward marginalized groups. When I said weaponized identity politics earlier, I dont mean to say Im anti-identity politics. I understand their role. Its a double-edged sword. Its something to be addressed not something to be used as character assassination.
Brisports criticism matches that of Khalid Kamau, a DSA-backed socialist candidate who won a city council seat in South Fulton, Georgia, in the spring.
I love Bernie, but I think where his campaign failed I dont think this is a personal failure of Bernie, but perhaps of the people that were around him and advising that campaign is that there wasnt enough attention paid to people of color, Kamau told Truthout in March. I am not sure that people of color who were in that campaign were listened to the way they should have been.
New York City Council candidate Jabari Brisport (second from left) meets with constituents following a candidate forum inside the Epiphany Lutheran School in Brooklyn, NY on July 26, 2017.
Photo: Bryan Thomas for The Intercept
Going forward, Brisport believes the best way for democratic socialists to build a truly multi-racial movement is to show up and support communities of every background.
DSA is multi-tendency. Its electoral but also fighting lots of different battles: housing, immigrant justice, climate, labor rights, strike solidarity, education, he explained. What theyve been really great at doing is going into these conflicts where the community is fighting. And not only allying themselves with the local community, but amplifying them and also taking a backseat. Not like coming up and saying, Were DSA, were running this. But also saying how can we amplify what you do?
New York Citys 2,000-member strong DSA chapter has put its money where it mouth is in diversifying the movement. So far, both of the candidates it supports for city council races comes from non-white backgrounds. In addition to Brisport, DSA voted to endorsethe Rev. Khader El-Yateem in his Democratic primary in Brooklyns diverse Bay Ridge neighborhood. El-Yateem is a Palestinian Christian and a supporter of the Boycott, Divestment, and Sanctions (BDS) campaign a bold stance in a city known for its stridently pro-Israel politics.
El-Yateem is Trumps worst nightmare. He supports immigrants, is Arab-American and explicitly refuses to take money from developers, NYC-DSA Co-Chairwoman Rahel Biru said in a statement.
Brisport has seen the difficulties in organizing people of different ethnic backgrounds into one movement firsthand. He pointed to disputes between Caribbean-Americans and Jewish-Americans in Brooklyn over housing as an example.
Theres a general sense in the community that the Jews are buying up the land and controlling everything, he said of complaints hes seen in the Caribbean community. Which is upsetting. He added, Its almost like what I saw Trump do. He saw peoples real concerns about an economy that was failing them and shifting it over to Muslims and Mexicans.
Brisports goal is to end racial infighting and unite his diverse district behind democratic socialism.
What I tell people is gentrification isnt caused by white people, its caused by capitalism, he said. If you de-commodify the land and you take the profit motive away, then we can actually fight against this.
Top photo: Jabari Brisport, a 29-year-old actor-turned-activist-turned-member of the Democratic Socialists of America, poses for a portrait in Brooklyn, NY on July 26, 2017.
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Brian Boyd: Spare me Mick and Jez’s Brexit hypocrisy – Irish Times
Posted: at 1:10 pm
Mick Jagger: both he and Jeremy Corbyn are frauds when it comes to Brexit. Photograph: Henry Romero/Reuters
In the days following Theresa Mays triggering of Article 50 last March, Mick Jagger sat down to write a pair of songs that would capture the anxiety and the unknowability of a post-Brexit UK.
The songs England Lost and Gotta Get A Grip were released last week. They are both hideous. It behoves a future generation to commemorate in musical form that the day Sir Michael Philip Jagger got woke about Brexit was the day that rock music died.
I went to find England, it wasnt there. I think I lost it in the back of my chair. I think Im losing my imagination. Im tired of talking about immigration, sings Sir Mick over a beat that could only charitably be termed as funk-like.
The realpolitik of Brexit is addressed in the final verse of England Lost: I had a girl in Lisbon, I had a girl in Rome, now Ill have to stay home. Which is as cutting a take on the EUs freedom of movement directive as you are ever likely to hear.
With lyrics on the two songs about fake news, lunatic political leaders, refugees, Isis and, everyones favourite, metadata scams, Jagger has been saluted by a supine music press for becoming politically charged and capturing the zeitgeist.
Whenever a figure from the world of showbiz or politics (and the distinction is now blurred) engages with a political talking point for profit commercial or otherwise we need to see receipts.
Jagger may be anxious about Brexit now but just a few weeks before the EU referendum last year he was a lot more sanguine about it, telling Sky News that Brexit would be beneficial to the UK in the long-term.
But as a vocal supporter of Margaret Thatcher so much so that he held private meetings with her when she was in office he would think that way about Brexit.
His concern about England on his new songs is touching. This is the England he ran away from to take up residency in France in 1971 when the then Labour governments tax regime didnt suit his enormous bank account.
And hes kept running: since the 1970s the Rolling Stones have had their multi-millions managed out of Amsterdam to reduce their tax. Its working out quite well for them. Figures released in 2006 showed the Stones paid $7.2 million in tax on earnings of $450 million a rate of 1.6 per cent.
Its just as well that paying a drastically reduced tax rate on your earnings in a foreign country for most of your career doesnt disqualify you from writing politically aware songs about your own country.
Like many a rock star Jagger would do anything for his country except pay tax in it.
In the idolatrous world of showbusiness you can say or do what you want with impunity no matter how inconsistent or hypocritical your words or behaviour may appear to be. The political world is more circumspect or used to be according to Simon Kuper of the Financial Times, who last week cast a cold eye over the rise of the political fan.
He writes: Donald Trump and Jeremy Corbyn have fans, Hillary Clinton and Theresa May dont. The political fan is a poorly understood modern phenomenon. Political fans reason a lot like sports or music fans.
Corbyns rapturous reception at this years Glastonbury Festival is described by Kuper as an event unprecedented in British political history. At Glastonbury 2016, many festival-goers wept openly on the Friday morning as the EU referendum result filtered in.
This year, not only did Corbyn receive a heros welcome while speaking on the main stage but over the three days of the festival crowds spontaneously broke into chants of his name. There was more than a touch of the Papal Mass in Phoenix Park about it.
Like Jagger, Corbyn is seasoned campaigner who knows how to artfully dissemble. Addressing the Glastonbury crowds, he was touchy-feely in excelsis in every child there is a poem before erupting into paroxysms of platitudes about the environment, peace and love. He didnt once mention the B word the word that had reduced Glastonbury to tears the previous year.
But when he was talking to the grown-ups on an ITV political show just weeks previously, he outlined in stark terms how he wanted a hard Brexit and how clearly the free movement of people ends when we leave the European Union and there will be managed migration. The dog-whistle term, managed migration, has been in every UKIP manifesto since 1999.
As with Jagger on his new single, Corbyn is opportunistically and cynically getting down with the youth vote without disclosing some important facts such as that Jezs voting record on the EU is up there with the rabid right of the Conservative Party and has drawn effusive praise from Nigel Farage.
In Britains previous referendum on EEC membership in 1975, Corbyn voted to leave. He was one of the architects of Michael Foots 1983 Labour manifesto which promised to pull the UK out of the EEC immediately. He voted against the Maastricht Treaty, against the Lisbon Treaty and in 2011 crossed the floor to vote with hardline Tory MPs in calling for an EU referendum.
In March of this year, he imposed a three-line whip on Labour MPs to prevent any of them from voting against Theresa May triggering article 50. Back in the day, we used to call that democratic centralism.
That article 50 vote brings us back to Jagger and the reason he wrote his Brexit blues. Born within a few years of each other in the 1940s, Jagger and Corbyn were nice middle-class boys who went to grammar schools.
If for one the future held sex, drugs and rocknroll, the other had to make do with fair-trade coffee, protest demos and speechifying.
But both headlined Glastonbury. And both are frauds when it comes to Brexit.
Im sorry to hear youll have to give up your girl in Lisbon and your girl in Rome, Mick, but as you said yourself, Brexit could be beneficial in the long term.
And Jez, there is indeed a poem in every child. Even the migrant ones you intend to manage.
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Ocean Colour Scene talk ahead of Birmingham festival appearance – expressandstar.com
Posted: at 1:10 pm
He remembers the early days of hope, when he was working on a weekly newspaper in Birmingham and dreaming of being anywhere else. Then theres the hard times when OCS had no money and were propped up by Steve Craddocks session fees from Paul Weller. There was the overwhelming, zeitgeist-capturing success of Moseley Shoals, a record that sold more than a million copies and put them alongside Oasis and The Verve as one of the most important bands of the times. And, of course, there has been the blur of drink and drugs, of hang-ups and let-downs, of friends and family, of familiar places and places hes known.
When OCS played the Symphony Hall, Foxy was pretty sure he was going to burst into tears. And when they headlined the Town Hall, for an emotional homecoming gig that was released as a DVD, he pretty much did.
Nah, Id trodden on a nail, Foxy deadpans.
Hell be back home for Beyond The Tracks, the Birmingham festival that runs from September 15-17.
Birmingham is one of the places thats always really kind to us. If you go outside the area, a lot of bands think audiences have a tendency to be dull. But Ive never ever found that. I think that opinion says more about the people who think it, than it does about the Birmingham crowds. The Town Hall was a really nice gig. Steve started off on the organ and people were sitting there, all around him. That was a really nice show.
And the Symphony Hall was special because we played with a string quartet. The first night was probably one of the quietest and most disappointing that we did during that set of gigs. It was a Saturday. But the Tuesday one was miles better. We thought it would be the other way round. I remember walking out and thinking I was going to burst into tears. I thought what the hell are we doing here? The Symphony Hall is such a beautiful place.
OCS work when their mojo clicks in, these days, rather than when a record company demands. In recent months, Foxy has been trying to write new songs that will form their 11th album, the first since 2013s Painting. Its an unhurried process thats devoid of the normal deadlines.
Weve had a busy year, with these summer gigs and then with shows planned at the end of the year for Australia and New Zealand and Dubai. But we need to start recording and I need to find time. I write the songs, I always have done. Then the others turn it into OCS. Steve is our musical director.
There are no concessions to modernity when Foxy is writing songs. Though OCS once released an album called One From The Modern and, like Weller, are intrinscially linked with the Mod movement, the songwriting process is distinctly Old Skool.
I sit down with an old Sony tape player, that you would have had for Christmas circa 72, with cassettes. I had to buy a job lot of because I wanst sure how long theyd be about. I got them from Asda Living, in Stratford-Upon-Avon. I play and record and just start. I just see what happens. Sometimes nothing comes and other times a song will come in minutes.
He always feels nervous before he starts, over-thinking and worrying about what might happen. For him, OCS come to life on the stage, rather than in the studio. I think bands start because you want to play to your mates in pubs and impress girls. Then suddenly you find yourselves in the studio. These days, once Ive written the song, I may as well head off down the pub for two days while theyre recording, then come back to do the vocals.
OCS were the apogee of Britpop. When Cool Britannia ruled the waves, no band had the same swagger and street cred, no band looked as smart or partied as hard. A carousel of drink and drugs seemed to spin for years as the band enjoyed five top 10 albums, and became the house band for Chris Evanss TFI Friday.
It was a lot worse than anyone can ever imagine, but it was wonderful.
Those days have gone, however. Yes, no longer. These days, I live in a village near Stratford, where I know everyone and everyone knows me. Were all friends. I spend most of my days reading The Times at the local pub, or with my friends, instead of songwriting, which is probably what I should be doing. The other boys have their own lives and Steves is down in Devon. When we started out, we were a gang. That was one of the greatest things about being in the band.
Foxy remains a roadhog. As much as he likes his village pub, hes never lost his love of a hotel room. And as the band remain popular around the world, particularly Down Under, hell be spending plenty of time in them.
We played Australia and New Zealand for the first time last year and we sold the gigs out in hours. None of us had a clue what it would be like. We didnt know if theyd even heard of us. Were going back and doing bigger places.
I like being on the road. I love hotels. Everyone says it must be a nightmare but its quite good fun. All your rooms are nice, theres a bar and theres nice food what else do you want? When we started saying in decent hotels, Id been used to living in student accommodation in Kings Heath and Moseley. I couldnt believe it, I was staying in rooms where the windows werent broken.
And yet for all of the rocknroll excess, Foxys true home is with an acoustic guitar in a pub, playing songs like Simon and Garfunkels The Boxer. You dont have to be Mick Jagger. A pint on the table, a Neil Young song and an acoustic guitar . . . thats what makes me happy.
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Automation changing jobs nationwide and in Southern Indiana – Evening News and Tribune
Posted: at 1:08 pm
EDITOR'S NOTE: This story originally ran in the News and Tribune's "Progress" publication earlier in 2017.
SOUTHERN INDIANA Despite what you may have heard, manufacturing is doing just fine in Indiana and the United States as a whole in terms of output, anyway.
National manufacturing production was at one of its highest points ever in 2015 even when adjusted for inflation, according to the Board of Governors of the Federal Reserve System. Similarly, Indianas manufacturing GDP was at it highest in 2015 since at least 1997 making up 30 percent of the states total GDP, according to the Bureau of Economic Analysis.
Despite this, the country has lost 7 million manufacturing jobs since employment peaked in 1979. Indiana also had fewer manufacturing jobs in 2014 with 349,425 workers than it had seen in the pre-recession years.
That, says Michael Hicks, is due to automation.
Hicks is the director of the Center for Business and Economic Research at Ball State University. His centers 2015 study, authored by him and Srikant Devaraj, estimates that 88 percent of the United States lost manufacturing jobs are due to the replacement of humans by technology.
That sounds quite accurate, actually, said Uric Dufrene, the Sanders Chair in Business at Indiana University Southeast.
Trade, another oft-cited reason for fewer manufacturing jobs, has resulted in the loss of many especially in the textiles industry but Hicks and other economists such as Dufrene say automation has overshadowed the effects of a more global economy.
Its not expected to get much better, either, with a 2015 study from the Boston Consulting Group predicting that 1.2 million advanced robots will be introduced to American industry by 2025 as prices for the technology lower. Of course, automation isnt just about robots. It presents itself in subtler ways, too. Radio frequency identification, for example, cuts down on the number of people needed to find parts in a warehouse, Hicks said.
Automation in Southern Indiana
So how is automation affecting manufacturers in Clark and Floyd counties, where 17 percent of all jobs in the area stem from their business?
Dufrenes answer to that question is that automation is probably not affecting a lot right now in terms of overall employment, that is.
The area is seeing a boom in manufacturing because of places like River Ridge Commerce Center, where theres 6,000 acres of land set aside just for industry. Dufrene thinks incoming manufacturers will make up for whatever jobs are lost to technology.
Hicks has a different point of view. While he said Southern Indiana is an attractive place to locate a factory, he believes that the area will eventually begin to follow the national employment trends.
At some point, even Dufrene says that's possible maybe when River Ridge is fully developed.
Its hard to go out that far, he said.
Automation has, however, affected the types of manufacturing jobs that are available in Southern Indiana.
A different kind of factory worker
Bob Owings is the owner of Owings Patterns in Sellersburg and the chairman of One Southern Indianas Metro Manufacturing Alliance.
When his father started the business over 40 years ago, pattern making was a much different industry than it is today. Much of the work was done by hand and took hours.
As technology evolved, so has Owings Patterns.
Now, the business employees design plastic molds on computer software, another worker programs a machine to create that mold, and even more employees, called CNC operators, control those machines with their own computer.
Robots might have replaced some manufacturing jobs, Owings admits, but not all of them.
Theres 15 people designing that robot, he said. Theres another guy programming that robot. Theres two or three guys maintaining that robot. And oh, theres still a guy operating that robot. So really automation may have created five to seven jobs. It creates a different type of job.
Hicks agrees that some jobs are being created by new manufacturing technology. Many of those jobs, however, require extra education. The days of low-skilled workers making a middle-class salary?
Theyre done with, he said.
That doesnt mean there are people lining up to take those jobs even though the average one in Clark, Crawford, Floyd, Harrison, Scott and Washington counties pays $65,398.
Manufacturers in the area have reported problems to 1si with finding the skilled employees they need to fill their jobs. There are several programs and groups in the area dedicated to filling this gap.
Region 10 WorkOne and Ivy Tech in Sellersburg work together on manufacturing education programs for adults. Prosser Career Education Center in New Albany also has manufacturing classes for both high school students and adults.
Finally, Greater Clark County Schools was recently designated a Ford Next Generation Learning community, meaning all students curriculums will eventually be designed around careers that might include manufacturing. The school system is also the fiscal agent for a $7.7 million grant from the DWD for Clark, Floyd and Harrison county high schools that involves preparing more students for manufacturing careers.
Tying everything together is 1si, which hired a director of talent and workforce development in January to be the employer voice for the areas initiatives.
Hicks is skeptical of most workforce development initiatives. Too often, he said, theyre focused on employers' immediate needs. The jobs that need filled now could be obsolete in a few years.
Its better to teach students how to be adaptable, Hicks said. Dufrene added to that argument, saying that investing in a strong K-12 system and a basic STEM education is important, too.
The shiny side of automation
Automation, for all its affect on the labor market, isnt necessarily a bad thing, Hicks said.
For one, it helps businesses like Owings Patterns thrive.
We have been required to embrace technology and automation to increase our efficiencies, Owings said. We expand our business and expand our opportunities by using technology and automation.
And in the case of Owings Patterns, that has meant hiring more people. Twenty-five years ago, the business had five employees. Now, it has 25.
No one should want factories to be the way they were in the old days, anyway, Hicks said. With higher skilled employees comes better pay and better working conditions.
We are not afraid of automation, Owings said.
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You’re the Frog and Automation is about to Boil You – CIOReview
Posted: at 1:08 pm
Joe Fuller, VP & CIO, Dominion Enterprises, Joe Fuller is CIO at Dominion Enterprises (formerly Trader Publishing Company), the Norfolk, VA based media and marketing company which operates Homes...More>>
In an old parable a frog is placed in tepid water whose temperature is gradually and slowly raised to the boiling point. As the water gets warmer, instead of recognizing peril, the frog falls into a calm stupor and is boiled to death. If youre a CIO, the water youre getting comfortable in is called automation.
Elon Musk recently predicted that automation will eliminate so many jobs that governments will be forced to pay a universal basic income to each and every citizen, regardless of their work status. McDonalds stock just hit an all time high after announcing that it will replace human cashiers with kiosks in 2500 restaurants. Amazons Jeff Bezos has over a thousand people dedicated to their Alexa artificial intelligence platform. Mark Zuckerberg recently told graduating Harvard students that millions of jobs are about to be replaced by things like self-driving cars and trucks. The consensus is clear: automation is going to drastically reduce certain types of jobs. What does this mean for the CIO?
Lets look at where you are. I bet you jumped on the virtualization bandwagon as soon as you realized how much time and money could be saved compared to traditional rack-and-stack systems administration. You probably embraced agile development and you have at least experimented with DevOps. You may have deployed automated patch management. You might even be exploring ways to automate by pushing computing jobs to public cloud providers and beyond cloud providers. Your CEO and CFO partners have certainly encouraged you to automate, which has sped up IT delivery and reduced IT costs. With automation, youve probably improved your groups performance without cutting staff or spending more on IT. It seems everyone is winning with automation, so wheres the rub?
Were worshiping at the automation altar and unconsciously shunning the good IT people we have fostered our whole careers
As CIO, theres a big insidious problem warming up your kettle as you leverage automation. Youve encouraged your people to seek efficiency and automation and drive lower expenses. You and your team can point to hard dollars saved whenever one of these automation mini-projects goes live. Our company has seen its digital operations grow at about a 25 percent annual clip since 2009 at the expense of traditional operations. But weve actually reduced our operating expenses through automation and the normal influence of Moores law. During this time, weve reduced staff slightly through attrition. We havent been too worried about that because the automation really does seem to eliminate the need for bodies. But theres a big problem sneaking up on us: were losing our mojo.
What do I mean by losing our mojo? Were worshiping at the automation altar and unconsciously shunning the good IT people we have fostered our whole careers. These people are creative. They are brilliant. They love to solve problems. They love to build and re-build to make things better. They hate when things break but they love fixing things when they break. They prefer the command line to a GUI interface. And were losing them. They get that automation is a good thing and embrace eliminating mundane tasks. They know that reducing power consumption by 45% in the data center is good for everyone. They like being the Maytag repairman when its their turn to be on call. But they are bored. They are scared. They are confused about where the industry is going and concerned they too will be obsolete like loading an operating system on a stand-alone server. They have been looking for jobs that offer more challenge, but the reality is that your shop is pretty much the same as IT shops everywhere.
If youre like me, youve looked into the future and seen incomprehensibly massive Amazon, Microsoft and Google data centers in the deserts of the world manned by a handful of security guards who replace the cameras and the water hoses every now and then. You dont see the engineers who designed the systems or the R&D team working on the Gen 7 data center that doesnt even need those water hoses. They are barren, hot places that no humans daydream about working in.
Ive painted a bleak picture but take heart. As CIO, you have the power to place humans into this picture and have everything be OK. But you have to change. Your organization must keep chasing automation but you dont have to. You must delegate those tasks to either specific people or to specific times for you and your people. In other words, you have to stop spending all your time thinking tactically about automation and devote time to thinking strategically about innovation. You owe it to yourself and your IT team to check the box on automated operation but demand more of yourself and your team on the strategic front.
How do you do this? Talk to your team. Ask them about their fears. Ask them what they think you all can do to help move the business forward through innovation and not just automation. Go to summits and seminars and encourage your folks to do the same. Take time to allow show-and-tell when everyone gets back. Sponsor hackathons to develop on the latest AI technology. Buy the newest gadgets for your executives and help them actually use them. Solicit new product ideas from every corner of the business (not just IT) and have the ideas be submitted via short, entertaining videos. Identify IT trends and specifically give your IT teams projects related to those trends that are not specifically tied to cost reductions. Embrace the after-hours activities of your team and find ways to let them share the neat things they are doing outside work.
Automation has been a great boon to IT in the last 10 years and it has made us less expensive and more reliable. But we cant lose our greatest asset our smart people. You as CIO are responsible for shifting time and resources to nurture them so we continue to provide maximum value to the businesses we serve. Dont let us get comfortable in this automation pot and suffer the frogs fate.
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You're the Frog and Automation is about to Boil You - CIOReview
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Japan’s farming industry poised for automation revolution – The Japan Times
Posted: at 1:08 pm
In a few years, robotic farming equipment will be able to plow and prepare soil while human farmers sleep.
That is what Hokkaido University professor Noboru Noguchi and his team are aiming for as the nations farmers age, with no successors in place.
The improved use of robotics in agriculture will not only reduce manual labor but will enable aging farmers to continue working and focus their time and energy on areas that require their knowledge and experience.
The related technology has been advancing in recent years. Machinery that allows a driver to sit back while it plows the field in straight lines is already on the market.
But unmanned farm machinery would require accurate positioning systems. To date, such machinery has used a combination of GPS, supplied by U.S. satellites, supplemented with data sent from ground-based stations to improve accuracy.
Depending on the lay of the land, however, the machinery occasionally strays up to 10 meters from the plotted path due to GPS systems not always providing completely accurate data.
But on June 1, Japan put its second quasi-zenith satellite, Michibiki No. 2, into orbit to improve the accuracy of the countrys GPS. Two more navigation satellites are set to be launched by the end of 2017 to provide accurate and constant data.
The quasi-zenith system ensures one of the planned four satellites will be above Japan at any one time. When the four Japanese satellites are in operation, the margin of error is expected to be narrowed to a few centimeters.
The agricultural ministry, meanwhile, adopted guidelines in March for autonomous farming machinery. The rules ban self-driving units on regular roads and limit who can enter farmland where the machines are working.
The guidelines prompted leading farm equipment manufacturer Kubota Corp. to start selling advanced self-driving tractors on a trial basis on June 1.
For now, the guidelines cover the use of self-driving machinery under on-site human supervision. But a team of researchers at the Graduate School of Agriculture at Hokkaido University is developing a tractor that can be controlled remotely.
The team is working on a robotic system that automatically observes the surrounding environment, recognizes obstacles and avoids them or halts operation if necessary.
During a recent trial, a team member maneuvered a prototype tractor via a tablet computer. The tractor was equipped with GPS receiver as well as various sensors and other devices. A buzzer went off when it recognized an obstacle and it stopped automatically.
Team leader Noguchi said a planned tractor, capable of autonomously harvesting, leveling ground and flooding rice paddies at night will become available within a few years.
Beginning this autumn, the university team will conduct verification tests on a fully unmanned tractor in a 950-hectare area of land in Hokkaido, taking into consideration actual restrictions such as the use of radio waves and traffic laws.
To put agricultural robots to work, it is important for the people involved, including researchers, engineers and farmers, to allow a process of trial and error to play out, Noguchi said.
Noguchis team is going a step further in a project that will allow farm machines to analyze weather and soil data so they can predict disease and pest infestations. Further, the ability to predict crop yields would enable refined operations such as distributing more fertilizer where needed.
The use of such detailed data can help avoid the wasteful use of fertilizer and agricultural chemicals, improve the efficiency of operations, enhance the safety of agricultural products and contribute to the protection of the environment.
To be sure, automation cannot take over all farming operations.
Shigeru Someya, a large-scale rice grower in Kashiwa, Chiba Prefecture, said that while advances in agricultural equipment have made farming more efficient, it has led to a situation where farmers no longer take good care of paddies by themselves.
Ive been taught that rice grows (best) when they hear the footsteps of human beings, Someya said. Looking over (rice paddies on foot) is indispensable.
The key to the future of Japans agriculture may be combining the knowledge of farmers like Someya and farming technology artificial intelligence that analyses and learns from a huge volume of data, and the introduction of robots.
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Japan's farming industry poised for automation revolution - The Japan Times
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