Our Mission Statement
As a responsible partner TP delivers to clients, employees and the industries we serve the confidence to drive value through the effective use of our diverse professional team.
As a responsible partner TP delivers to clients, employees and the industries we serve the confidence to drive value through the effective use of our diverse professional team.
FACTORY ORDERS DECLINED IN APRIL
According to a new Census Bureau report, they decreased 0.2%. That marked their first month-over-month retreat of 2017. The 0.2% gain for March factory orders, however, was revised up to 1.0%. Orders increased by an average of 0.7% per month in the first quarter.1
ABUNDANT SUPPLY HURTS OIL
WTI crude lost 3.8% during June 5-9, tumbling to a $45.83 settlement on the NYMEX Friday. The U.S. rig count rose again last week, as it has every week for the past five months. While OPEC has vowed to reduce production by 1.2 million barrels per day, daily American oil output has increased by almost 600,000 barrels, so far, this year.2
Citations
1 - briefing.com/Investor/Calendars/ Economic/Releases/facord.htm [6/5/17]
2 - marketwatch.com/story/oil-prices-pinned-down-by-strong-dollar-supply-worries-2017-06-09 [6/9/17]
According to the American Lumber Standard Committee, Incorporated Wood Packaging Material Enforcement Regulations of November 7, 2014, Section 5.6.12 states:
“Each accredited agency shall be responsible for the control of its quality marks. Quality marks shall only be used at facilities or by personnel authorized by accredited agencies. Accredited agencies shall require a participating facility to provide care and security of the agency quality marks. An accredited agency shall retain on file a facsimile of each quality mark issued, require worn out or discarded quality marks to be destroyed, and require missing or stolen quality marks be reported to the agency. An accredited agency shall have an ongoing practice of reporting and reviewing stamp inventories, generally monthly, to ensure reconciliation in agency records regarding the types and number of stamps issued to each facility."
To summarize this section:
When a facility first enters the IPPC program with TP, the qualifying inspector will initiate the first stamp order. From there the facility can place future orders directly with our stamp shop or other approved mark manufacturers. When doing so, it is important to remember:
A list of approved shops that produce marks can be provided upon request.
Routine care is required to extend stamp life and make sure a legible mark is consistently being made on WPM that conforms to ALSC regulations. The TP stamp shop recommends cleaning stamps using mild soap and water and a soft-bristled brush (like a tooth brush). Place the brush in the soapy water and gently wash the stamp rinsing it with water once you have finished cleaning it. Soaking stamps is not recommended. If the stamp cannot produce a legible mark after cleaning, it should be removed from service and held for retrieval by your TP inspector.