ISM Says China Coronavirus Outbreak Worsening Lead Times March 11, 2020 The outbreak of the coronavirus in China is causing longer lead times and will reduce revenue for companies, according to respondents in a special Institute for Supply Management survey.
Financial Executives Express Concern About COVID-19 in PwC Survey March 16, 2020 Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).
Manufacturing Jobs Rebound, Led by Motor Vehicles March 6, 2020 Manufacturing employment rebounded in February, with motor vehicles and parts leading the way with a gain of 6,800 jobs. Manufacturing added 15,000 overall.
Vollmer of America Slates Open House for October March 27, 2020 Vollmer of America has announced an Open House Celebration for its new facility in Findlay Township, Pa., scheduled for Oct. 22-23. Vollmer broke ground on May 11, 2019 at the new site, near Pittsburgh International Airport.
U.S. Cutting Tool Orders Down 1% in November Year to Date January 24, 2020 November 2019 U.S. cutting tool consumption totaled $189.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
U.S. Cutting Tool Orders Up 10.2% In October from September December 17, 2019 October 2019 U.S. cutting tool consumption totaled $216.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 10.2 percent from September's $196 million
Boeing Throws Up the White Flag on 737 Max December 17, 2019 Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.
Manufacturing with Momentum November 13, 2019 It doesn’t take long to see the changing face of manufacturing staples in Volusia County. Strategically located in the thriving central Florida marketplace east of Orlando along the I-4/I-95 highways, Volusia County has always been a good geographic location for manufacturers.
New Technology Powers Performance at U.S. Mold Shops June 26, 2019 There’s growing evidence that some of the moldmaking business that fled the U.S. chasing cheaper sources offshore is returning. Moldmakers are not finding enough of a favorable cost differential to offset poor mold performance and the need for rework of faulty molds.