Displaying 351-360 of 1216 results for

The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.

East Iowa Machine Co. (EIMCo) in Farley, Iowa, is a full-service machine and fabrication shop. It is an ISO 9001:2015 certified manufacturing company, employing about 150 people on three shifts at its single 130,000 ft2 (12,077 m3) location, and converts raw metals into finished component parts and assemblies using a wide variety of CNC equipment and state-of-the-art manufacturing processes.

In 2020, the ability for manufacturers to rapidly pivot to changing market demands and challenges became critical for success—and in many cases, survival.

Dixie County lost one of its largest employers in the 2007-2008 recession, a Georgia Pacific (GP) Lumber facility. For more than 10 years the mill remained closed, but with help from the North Florida Economic Development Partnership (NFEDP), a new buyer has reopened the mill, made millions in new investments and has a projected annual payroll of $5.5 million in a very rural county.

GE and the Global Manufacturing and Industrialisation Summit (GMIS) have announced a partnership to explore the role of digitization, lean manufacturing, and workplace safety to support the transformation of manufacturing and economic regeneration.

The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.

Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.

Sarah O'Sullivan, accounting director at LeaseQuery, talked to SME Media about how accounting changes related to leases are affecting manufacturers.

A widening skills gap threatens U.S. manufacturing competitiveness and consequently our economy. A talent pipeline with a sufficient supply of properly aligned skills is imperative to meet U.S. manufacturers’ needs for capacity, productivity and innovation.

Recruiting, training and retaining manufacturing workers is a constant challenge. The skills gap is real and growing, but the manufacturing industry has several tools to deal with this challenge.