| Show 0SN'vnmmmaaFoaniamoonmahanaimmmalgfismi slimmonmomoomft ' f tl'htatt fakt Zribunt 21200 t J -- T ILfl MONDAY B8 owirsitribcom -- IA ST 1r Cl S 4 GROEH PREDICTS JOB TREASURY SECRETARY I B7 Economy Dilbert Non Sequitur Helen 87 THE --- -70""'l 20-'2- p 1 " ! ' " Yuri(' AO liP41144 WEEK AHEAD "Is ' 6 teOrfatiOdeilli-fh- di L t 4 7 "" 4 t --1 :i I 1 1 I' i ' H 1 ' IP— 11 ik - i TODAY i I " ' "if P American Society for Engineering Education Citywicip Planud dttimdame 2000 Runs through Thursday ' - " - THURSDAY N Ultradent Products Runs through Saturday I - I Northwest Florists Association Little America 22S Planned attendance RUM goe i 4 At fro" - 74'1r-::ii'0-- t' 28?:-'- " 4 4 " i I t " ' 1 through: Sunday a me?' 0 4045 b 11" vs di Like City OW and itavet relftted tours also Yndllel thi will vistt $ - 4irli 541t week k Solaw a Bureau I 'is ihnN 'it 1: 1 --r)' altiiiii0m1011inds New economic numbers to be - t 1 ' 4 Rocky Mountain Coal Mining Institute Snowbird Runs through: June 30 Planned attendame 200 Sevet - — i Gr and Amer Ica Planned attendance: 400 4 A dor t ± " I IL Ordrifl Americd Rum through Friday rdnned dttoddme 1400 41'' l'A: : 4 ASTN International --- db ''"'' ) ' - 1 1 i 4 released this i week include: 1 '' ''' -- THURSDAY 4: I N ''''' 1 I o41 L4 Commerce Department reports on durable goods orders for May and new home sales for May - - -- 3 N i :::7'- - '1--- -- RICK tabor Department reports on weekly jobless Colin Fisher works on one of the machines at Peterson Inc in Ogden the demand for Because of an upswing in manufacturing - EGANIlit Salt Lake Trtbunt new machinists is growing Freddie Mac the mortgage company reports on mortgage rates machines the Manning FRIDAY Commerce Department reports On gross domestic lirst guar ter find product National ASSOCiatiOn of Realtors reports on existhome sales for May ing In demand: While advanced uloollit015iiiiiiirdam has recast the trade employers find old perceptions make new machinists scarce Initial public offerings planned for the coming week as provided by MCM Equity Watch in- By M ICIIAEL CHANDLER clude: Cabeia's pi iced $15 The Sait Lake Tribune Whey Neb 78 million shares Inc- J IT symbol CAB Morgan Chase P managed by NYSE Proposed 0 (DEN — Dan Niernberger is building a tool here's how he does it: lie studies a blueprint types some numbers into a software program presses a button then walks over to a machine and watches as a piece of scrap metal is transformed into a gleaming tool The tool is a fixture that will help as- semble air bags Dan Niernberger is a ma- chinist At some point durcareer he ing his coveralls for a traded in his white lab coat The modern machine shop where he works barely resembles the workshop where he started "These are not up to your knees in chips shavings and oil kind ofjobs anymore" said Matt Wardle president ofJD Machine in Ogden The trade is Re- Industry: Specialty tailer Color Kinetics Sll 13 Boston 4 Million shares priced Inc-- CIBCNeedham Proposed Nasdaq managed symbol C1RK Industry Commercial Industrial lighting I by Products HomeBanc Corp- priced S14 16 - Atlanta 332 million shares managed by JP If Morgan Chase Friedman Billings Ramsey Proposed NYSE symbol tIMB Industry Real state Investment Trusts Jackson Hewitt shares priced IP SI8 Inc- - 20 managed by Goldman Sachs try: Tax Return Preparation MortgagelT NJ 375 million Parsipanny Morgan Chase Proposed symbol JTX Indus- NYSE Services Holdings Inc- - New York133 million managed by UBS Financial shares priced Merrill technolog lynch Proposed NYSE symbol MHL Industry: far safer and more high-tecthan it ever has been but fewer new machinists are entering the field After a four-yea- r slump manufacturing is on the upswing again and employers in Utah and nationwide are desperate for machinists to fill the demand Earlier this month a group representing Weber ApCounty manufacturers gathered at Ogden-Webe- r plied Technology College for an emergency meeting to talk about how to recruit and retain new machinists Williams International a gas turbine engine manufacturer could need 15 machinists or more in the next year Niernberger's employer Petersen Inc which produces parts for customers such as aircraft maker Boeing and component maker Autoliv could be looking for as many as 30 new machinists "It's like someone just turned the spigot on" said David Birch director of management services at Precision Machined Products Association (PMPA) based in Brecksville Ohio He said small machine-toolinshops around the country are reporting record sales Nationwide orders for machine tools are up 462 percent from last year according to a study by the American Machine Tool Distributors' Association in h air-ba- g g see MACHINISTS Machine operators What they do: Set up and operate machines that produce precision metal parts Where they work: Most work in small - machining shops or id manufacturing In Utah the aerospace and automotive parts industries employ a lot of machinists Training requirements: Machinists can receive training in apprenticeship programs on the job in high schools vocational schools or community and technical schools Course work in blueprint reading metalworking and drafting is highly recommended Salary range: $9 to $24 an hour about the profession and job visit the prospects Department of Labor's Outlook Handbook online at Occupational To learn more http:wwwblsgoviocoocos223htm For more information on training contact: Ogden-Webe- r Applied Technology College http:vAvwowatccol B7 Real state Investment Trusts - Motive Communications Inc- shares priced $11 13 managed by Austin Tex JP million 5 Morgan Chase Legislation set to bust tax cheats rewards whistle-blowe- Proposed Nasdaq symbol MOW Industry: Prepackaged Software New York Mortgage Trust- New York15 million $9 11 managed by Friedman Billings shares priced RamseyIP Morgan Chase Proposed NYSE BY MARY DALRYMPLE symbol Ivaki NW Industry: Real Estate Investment Trusts Salestorcecom- San Francisco10 million shares WASHINGTON — Suspect your company is cheating the IRS out of millions in taxes? Pass along the inside information to the Internal Revenue Service and you stand to collect up to 30 percent of taxes and penalties recovered under whistle-blowlegislation aimed at snaring r tax cheats The proposed IRS Whistieblower Office is designed to give tax agents an inside advantage when fighting complicated often invisible tax shelters 50 managed by Morgan Stanley Pro- priced $150-- posed NYSE symbol CRM Soft- Industry Prepackaged ware Strategic Hotel Capital Inc- Chicago163 million shares priced managed by Goldman Sachs - Proposed NYS symbol SM Industry Real Estate In- er vestment Trusts WCA PrINN Waste Corp: Houston 9 million shares priced high-dolla- managed by Friedman Billings Ramsey Proposed Nasdaq symbol WCAA Industry: Refuse S911 Svc THE WEEK AHEAD It6 developed for and used by wealthy taxpayers and corporations It would go after individuals and corporations with more than $200000 in income who use shelters that hide $20000 or more Informants who blow the whistle on tax evasion stand to win 15 percent to 30 percent of the recovered taxes and penalties if they contribute substantially to the case Those who make less substantial contributions can win up to 10 percent of recovered money The chairman of the Senate Finance Committee Charles Grassley modeled the office after the False a Claims Act which lets people file lawsuits against companies and individuals that defraud the government in arenas other than tax The Justice Department reported that lawsuits filed under the False Claims Act recovered $15 billion in 2003 Whistle-blowerwere granted $319 million in rewards More than $12 billion has been recovered since Congress strengthened the law in 1986 "Taking advantage of whistle-blower- s has saved the taxpayers billions of dollars in defense and healthcare fraud The potential is even greater with tax fraud given the s rs estimated hundreds of billions of dollars of taxes due that go uncollected each year" Grass ley said The IRS currently has a fraud hot line and its own criminal investigation unit Informants can apply for rewards when taxes are recovered based on their tips but critics say the program has too many obstacles to lure many Informants In 2003 the IRS paid out $4 million to informants who helped the IRS pursue 190 cases which together recouped more than $61 million in taxes owed IRS See LEGISLATION B7 3USINESS INSIGHT - HEIDIBALLIF SaltLakeaamber - -- 7 ' 10 1 What is Leadership Utah? ! i --' 1 g 4"0' si I 11 N ‘ k Ikadership Utah is total immersion 4' into all the different sectors that make up ' our community It is an experi ence designed to take business leaders to the next level tit)r ings that include speakers and behindthe-scenes VIP tours One month particid pants may tour the prison and hear a panel 4 discussion of law enforcement officers and Another month may include questions and answers with the governor and other local and state government leaders Class members hear from heads of - 1 s policy-maker- ' corporations and opinion makers Presenters range from people at the center of power to people who work with the disenfranchised All lend their expertise and experience to this life-changing class Leadership Utah inspires educates and expands the vision of each participant Often on 4p vice president our monthly tours class members will take time between destinations to call their family friends or colleagues to share the experiences they are having I will hear them say "I had no idea this ever existed" or "I've never been here even though I've lived in Utah all of my life" Another benefit comes from developing relationships with other class members through informal networking After graduation those relationships continue with Leadership Utah Alumni which continues the process with trips lectures and service opportunities Leadership Utah started in 1985 and is one of the Salt Lake Chamber's signature programs building informed leaders in the community 2 Who is eligible to participate? Participants come from corporations small businesses nonprofits and government entities You will find presidents of companies doctors and attorneys and others to make a diverse mix of participants What they share in common is a commitment to improving their worth as leaders Leadership Utah is designed for those who demonstrate a high level of commitment to the community We are looking for people who may be interested in serving in leadership roles — such as on boards or in key positions FA within their own organizations The first step in becoming part of Leadership Utah is to fill out a simple application form We also ask for a current biographical sketch or a résumé outlining education career history and community service background The time commitment of one day a month becomes one of the main qualifiers for acceptance Because so many busy leaders are giving their time to share their expertise with the class we expect the same courtesy from participants We even go so far as to require the full endorsement and support from participants' employers 3 What are the requirements to participate? Those who are accepted must agree to attend 80 per- cent of all scheduled activities in order to graduate This minimal requirement helps commit the participants so they feel that they have maximized the experience 4 How can readers apply or where can they go for more Information? A link to the Leadership Utah application is on the front page ofhttp:wwwsaltlákechainberorg All applications are due June 30 2004 J: We I --- - POOR - |
