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 | June 17, 2011 | |
| The MWFPA Bulletin is underwritten in part by Focus on Energy | | |
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FDA Issues Draft Guidance Toward Nanotech Regulation | |
According to a new draft guidance document, the Food and Drug Administration (FDA) will use certain characteristics such as the size of nanomaterials used and the exhibited properties of those materials, when attempting to identify applications of nanotechnology in regulated products. The agency has yet to come up with a legal definition of nanomaterials.
The draft guidance is open for public comment. Written comments should be submitted to the Division of Dockets Management (HFA-305), Food and Drug Administration, 5630 Fishers Lane, rm. 1061, Rockville, MD 20852. Submit electronic comments to http://www.regulations.gov. All comments should be identified with the docket number FDA-2010-D-0530.
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| The MWFPA Bulletin is underwritten in part by Bug Blocker Doors & Screens | | |
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| MN Budget Stalemate Careens Toward Shutdown | |
Legislative Republicans and Gov. Mark Dayton remain in a state of gridlock over how to close the state's budget deficit. Republicans have refused to exceed a $34 billion budget, while making offers to fund certain programs at the governor's levels. Dayton, meanwhile, says he won't agree to such low overall spending and refuses to negotiate a budget piece by piece, instead insisting on a global number, complete with increased revenue.
If state lawmakers and Dayton cannot agree to a budget by July 1 there could be a partial shutdown of state government.
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| WI Passes State Budget, Manufacturing Tax Credit Added | |
The Wisconsin Legislature passed the $66 billion state budget Thursday, sending it to Governor Walker who promises swift action in signing the measure. The measure passed both houses on party line votes.
A powerful income tax credit designed to encourage and strengthen manufacturing in WI passed as part of the measure. The credit, which will be phased in over a period of four years beginning in 2013, will virtually eliminate the tax on income derived from manufacturing activity in Wisconsin. It will effectively reduce the rate of tax on WI manufacturing income from 7.9% to 0.4%.
The credit was developed by Senator Glenn Grothman (R-West Bend) and Representative Dale Kooyenga (R-Brookfield). When fully phased in, the credit will be equal to 7.5% of a company's qualified production activities income, as defined under the Internal Revenue Code, that is derived from property assessed as manufacturing or agricultural property in Wisconsin, as defined under state property tax law.
The credit can be taken against corporate income tax liability and for partnerships, LLCs or tax-option corporations, against personal income tax liability of partners, members or shareholders in proportion to their ownership interests.
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MWFPA Annual Report Available | | |
MWFPA's 2010 annual report is now available for onli ne viewing or download. To view a copy online, click on the image at right.
The report provides a snapshot of MWFPA's 2010 successes and highlights the many services provided by MWFPA over the year.
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16 Scholarship Applications Received | | |
MWFPA received 16 applications for the six available Friday/Weckel scholarships. This surpassed the number of applications received last year. The annual awards are provided to worthy college undergrads majoring in food science or agriculture at the University of Wisconsin-Madison, Platteville or River Falls.
In June/July our Human Resource Committee will choose up to six recipients for the $1,500 awards.
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Welcome New Association Members! | | |
Join us in welcoming our newest members to the Association! Please visit their websites by clicking on the company name to learn more about them.
SEH
AceCo Precision Industrial Knives
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Plex Systems Offers Mfg. Leadership Seminar | |
Plex Systems and Baker Tilly invite you to a complimentary Manufacturing Leadership Seminar, Thursday, June 23, 2011, from 9 a.m. until noon, with a continental breakfast at 8:30 a.m. at the Radisson Hotel Milwaukee West, located at 2303 North Mayfair Road in Wauwatosa, Wisconsin.
The keynote presentation showcases how area manufacturers streamline operations, control IT costs, and improve quality. Their efforts are successful due to an innovative Cloud ERP system. Top of Page |
| MWFPA Calendar of Events | | |
July 19-20, 2011: Industrial Refrigeration & Energy Efficiency. Tomah Hospitality Hotel (formerly Holiday Inn), Tomah, WI. Improve the performance and operational costs of your refrigeration systems. Participants will gain knowledge to effectively understand refrigeration systems and apply those principles to the design, construction and operational efficiency of their refrigeration systems. To register, go to www.mastersacademy.biz. Course attendees can earn 1.6 CEU's for attending.
November 29-Dec. 1, 2011: MWFPA 107th Annual Convention and 84th Annual Processing Crops Conference, Wisconsin Dells, WI, Kalahari Resort and Convention Center. Mark your calendars now! Don't miss this invaluable opportunity to gain exclusive insights from some of the industry's most innovative and knowledgeable representatives and to make meaningful contacts with clients, prospects and referral sources.
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By becoming a sponsor of the MWFPA Bulletin, your banner will be viewed by a very targeted group of persons, firms and corporations that provide technology, logistics, ingredients and packaging to the food processing industry.
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The MWFPA News Bulletin is published twice monthly or as developments warrant, and is intended for a general audience of manufacturers and suppliers of food and agricultural products. |
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