Heavy Equipment Oil Tanks

A $40 million prison sits in the desert north of Baghdad, empty. A $165 million children's hospital goes unused in the south. A $100 million waste water treatment system in Fallujah has cost three times more than projected, yet sewage still runs through the streets.

As the U.S. draws down in Iraq, it is leaving behind hundreds of abandoned or incomplete projects. More than $5 billion in U.S. taxpayer funds has been wasted on these projects â?? more than 10 percent of the $53.7 billion the US has spent on reconstruction in Iraq, according to audits from a U.S. watchdog agency.

There are success stories. Hundreds of police stations, border forts and government buildings have been built, Iraqi security forces have improved after years of training, and a deepwater port at the southern oil hub of Umm Qasr has been restored.

But even completed projects for the most part fell far short of original goals, according to an Associated Press review of hundreds of audits and investigations and visits to several sites. And the verdict is still out on whether the program reached its goal of generating Iraqi good will toward the United States instead of the insurgents.

AP IMPACT: US wasted billions in rebuilding Iraq - SGGP

Inc is a leading global satellite data communications company. The company specializes in Machine-to-Machine (M2M) communications and caters to the commercial transportation, heavy equipment, industrial fixed assets, and marine/homeland security sectors.

Through a recent press release, the company announced the renewal of an agreement with Caterpillar Inc. The world famous manufacturer of heavy engineering products such as mining equipments, gas turbines and natural gas engines has renewed the agreement with ORBCOMM for satellite communication services for Product Link, their heavy equipment telematics solution. The financial terms of the contract were not disclosed.

ORBCOMM has recently added a few more countries to their network and under the renewed agreement; Caterpillar is going to enjoy the benefits of ORBCOMM networks in those countries. ORBCOMM and Caterpillar have been collaborating for many years and the ORBCOMM management is happy that Caterpillar has decided to carry forward the relationship.

ORBCOMM has recently added a few more countries to their network and under the renewed agreement; Caterpillar is going to enjoy the benefits of ORBCOMM networks in those countries. ORBCOMM and Caterpillar have been collaborating for many years and the ORBCOMM management is happy that Caterpillar has decided to carry forward the relationship. “Caterpillar has been a customer of ORBCOMM for many years and we are pleased to continue that relationship. The renewal will enable Caterpillar and its customers to continue to benefit from ORBCOMM's unique communications services. Caterpillar will also benefit from our services in the countries that we have recently added to our network, including South Africa, Ghana, and Papua New Guinea,” Marc Eisenberg, CEO of ORBCOMM, commented.

Caterpillar Renews Satellite Communication Services Agreement with ORBCOMM for ... - TMC Net

What was in the inlet at the beginning of World War II? Two salmon canneries had been built in 1908 about three miles apart. Then in 1935, Pacific American Fisheries (PAF) closed its plant and purchased the larger Astoria and Puget Sound Canning Company's operations.

In July 1942, the Western Defense Command received authorization to construct a trans-shipment point somewhere between the Puget Sound and the Aleutians. Faster, smaller tugs with barges from the Lower 48 would bring military supplies to Excursion Inlet. Army personnel would transfer the goods to the ocean-going vessels for the crossing of the Gulf to Kodiak and the Aleutians.

The Army commandeered and used portions of the cannery site. In order to provide space for extensive warehouses, a fill was placed on the tidelands of Excursion Inlet. This was put in without permission of PAF.

This was a secret military installation? How did Frank E. Binns, a Portland artist, come to be there in summer 1943? The Oregonian newspaper reports Binns painted a mural for the officer's club! I asked Alec Brindle Sr., who has been to Excursion Inlet many times, if he knew if the painting was in a building taken over by the cannery after the war. He does not remember seeing the mural and said that the officer's club burned down.

Southeast History: Prisoners of war at Excursion Inlet - Capital City Weekly

At its regular meeting on Tuesday, August 17, council gave first reading to a bylaw to close a portion of 47A Avenue, 38 Street and Railway Avenue. This closure will allow the subdivision and sale of a 7.1 acre area to the facility's developers, Leading Manufacturing Group Inc. of Nisku, AB. Construction begins in fall 2010 and will be completed in 2011.

Sherwood Brothers Ltd. won the contract for the west end residential subdivision development with a bid of $126,730 plus a $25,000 contingency.

Councillor Richard Lavoie questioned whether there was too much rain this year to move heavy equipment in the west end. Town manager Robert Watt said water and sewer development could not proceed without the dirt moved.

Leading Manufacturing Group Inc. previously requested the extension of water and sewer mains across its future 7.1 acre property south of 48 Avenue in the east end before building its oil tank manufacturing facility on said property. The reason given was that any future expansion by the town would require this extension and would be too disruptive if done after the property was developed.

Town paves way for $5 million oil tank manufacturing plant to open in Vermilion - Vermilion Standard

1.98 , +0.01 , +0.51% ) , a global satellite data communications company focusing on two-way Machine-to-Machine (M2M) communications, today announced that Caterpillar Inc. has renewed its agreement with ORBCOMM for satellite communication services for Product Link, their heavy equipment telematics solution.

ORBCOMM is a leading global satellite data communications company, focused on Machine-to-Machine (M2M) communications. Its customers include Caterpillar Inc., Doosan Infracore America, Hitachi Construction Machinery, Hyundai Heavy Industries, Asset Intelligence a division of I.D. Systems, Inc., Komatsu Ltd., Manitowoc Crane Companies, Inc., and Volvo Construction Equipment among other industry leaders. ORBCOMM is the leading commercial provider of global AIS data from space, with users that include the U.S. Department of Transportation, U.S. Customs and Border Protection, and IHS Fairplay, among other government and commercial organizations. By means of a global network of low-earth orbit (LEO) satellites and accompanying ground infrastructure, ORBCOMM's low-cost and reliable two-way data communication services track, monitor and control mobile and fixed assets in four core markets: commercial transportation; heavy equipment; industrial fixed assets; and marine/homeland security. ORBCOMM based products are installed on trucks, containers, marine vessels, locomotives, backhoes, pipelines, oil wells, utility meters, storage tanks and other assets. ORBCOMM is headquartered in Fort Lee, New Jersey and has its network control center in Dulles, Virginia. For more information, visit www.orbcomm.com .

Certain statements discussed in this press release constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally relate to our plans, objectives and expectations for future events and include statements about our expectations, beliefs, plans, objectives, intentions, assumptions and other statements that are not historical facts. Such forward-looking statements, including those concerning the Company's expectations, are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from the results, projected, expected or implied by the forward-looking statements, some of which are beyond the Company's control, that may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. These risks and uncertainties include but are not limited to the risks described in our filings with the Securities and Exchange Commission. Unless required by law, we undertake no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. For more detail on these and other risks, please see our "Risk Factors" section in our annual report on Form 10-K for the year ended December 31, 2009.

Craving for cash is behind the popularity of exchange-traded funds that  track high-yield corporate bonds. But pay attention to the risks.

ORBCOMM Extends Telematics Services to Caterpillar Inc. - MarketWatch (press release)