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AFS NEWS AFS and EMEX Partner on Energy

Risk Management Solutions As part of its Energy Solutions Program, the American

“ I’m very satisfi ed with

my long-term print advertis- ing program in MCDP—it’s the only advertising I do. It gives me great visibility and name recognition, both with existing customers and with new ones. And the steady fl ow of new business it brings in easily justifi es the investment.

Kevin Evers President St. Louis Precision Casting

Foundry Society (AFS) with EMEX LLC, Houston, has announced a new partnership to assist AFS Corporate Members in the procurement of electricity and natural gas rates through EMEX’s Reverse Auction Platform. AFS Corporate Member EMEX also will provide customized energy risk management strategies for other AFS members through the AFS Energy Solutions program. Energy Solutions is a comprehensive package AFS off ers to help metalcasting facilities measure, monitor and reduce energy consumption and costs. “Our members are always looking for ways to become

more effi cient,” said Leo Baran, AFS Director of Mem- ber Services. “Since the launch of the Energy Solutions Program and after months of research and consideration by Brian Reinke and TDI Consulting, we believe that EMEX is a key strategic partner to strengthen our program and provide additional benefi ts to our Corporate Members.” T e partnership will enable AFS Corporate Members

to utilize the Flagship EMEX Reverse Auction Platform, which generates highly competitive energy rates in real time from dozens of national retail energy suppliers. T e live on- line reverse auction, coupled with the procurement strategies that can be custom tailored for each individual company, will create a compelling opportunity to manage and reduce the cost of energy. Typically, energy is one of the largest expenses in metalcasting facilities outside the purchase of raw materials.

AFS Submits Comments on IRS Tax Exempt Proposed Rules In late February, AFS commented on the U.S. Internal

Revenue Service’s (IRS) proposed rules defi ning the political activities of tax-exempt groups, a move that the U.S. House of Representatives is trying to delay. T e proposal has re- ceived plenty of attention and garnered more than 140,000 responses, most of which were opposed to the proposal. Under current law, organizations qualify as tax-exempt


if they are “operated exclusively for the promotion of social welfare.” T e proposed guidance defi nes the term “candi- date-related political activity” and would amend current regulations by indicating that type of activity doesn’t fall under the defi nition of social welfare. Activities that would disqualify an organization seeking 501(c)(4) status include “communications that expressly advocate for a clearly identi- fi ed political candidate or candidates of a political party,” among others. Although AFS is a 501(c)(6), it was con- cerned the proposal could eventually be expanded to other 501(c) organizations. T e Obama administration has stated the President would veto a House Republican bill delaying the rules clarifi cations.

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