August Business News: American Augers, Godwin Pumps, Caterpillar and more

August 2009 Vol. 64 No. 8

As for reaching $100 billion by 2020, Owens told shareholders “the world cannot prosper without the stuff we make. We’re the Coca-Cola of the manufacturing world. We’re No. 1 or No. 2 on virtually every continent.”

The Caterpillar board of directors also declared a quarterly cash dividend of $0.42 per share of common stock, payable Aug. 20, 2009, to stockholders of record at the close of business July 20. 309.675.1000,

Insituform Technologies
Insituform Technologies has been awarded an additional $7.7 million sewer contract from the Metropolitan District Commission (MDC) in Hartford, CT, for the rehabilitation of over 200,000 linear feet of 6- to 30-inch sewer lines using Insituform cured-in-place pipe (CIPP). This award is in addition to the $10.3 million contract MDC signed with Insituform last November.

Crews will install Insituform CIPP using the air inversion steam cure (AISC) method, which uses air to invert the CIPP tube and then steam to cure the resin. Using the AISC method can reduce the amount of water used during installation by nearly 95 percent. The project is expected to be completed by December 2010. 636.530.3329,

Plastic Pipe Institute
The Plastic Pipe Institute has revised and updated the PE Handbook; the new 2nd edition is now available for download and purchase at

The latest edition includes two new chapters on Pipe Bursting and Repairs along with multiple updates to almost every chapter, including Horizontal Directional Drilling, Material Properties, Design of PE Piping Systems, PE Pipe Joining Procedures, Marine Installations, and others. The new PE Handbook also includes design information on PE 4710.

Each book costs only $28 plus handling. Additional shipping charges will be billed separately to orders outside the U.S. The costs for other countries are: Canada $20, European Union $25 and all remaining countries is $50.

To purchase a copy, visit the PPI website at Second Edition Handbook of PE Pipe. 469.499.1044,

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