Metalformers Expect Little Change in Economic Activity September 22, 2022 Metalforming companies continue to expect little change in business conditions during the next three months, the Precision Metalforming Association (PMA) .
Manufacturing Softens in September October 3, 2022 The manufacturing economy softened in September and may soon shift to contraction, the Institute for Supply Management said today.
Durable Goods Orders Slip on Commercial Aircraft September 27, 2022 Durable goods orders fell in August, paced by a decline in orders for commercial aircraft and parts.
Hankook Tire to Invest $1.6B in Tennessee Plant Expansion August 29, 2022 Tire maker Hankook Tire today announced that its board of directors approved a $1.6 billion investment to expand its Tennessee Plant, located in Clarksville, Tenn.
Cutting Tool Orders Total $173.2M in July September 16, 2022 July 2022 U.S. cutting tool consumption totaled $173.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
GM to Invest $491M at Indiana Stamping Plant September 16, 2022 General Motors Co. said it will invest $491 million at its Marion, Ind., metal stamping operations to prepare the facility to produce a variety of steel and aluminum stamped parts for future products, including electric vehicles.
Honda, LG Energy Form Joint Venture to Make EV Batteries in U.S. August 29, 2022 LG Energy Solution and Honda Motor Co. announced an agreement to establish a joint venture to produce lithium-ion batteries in the U.S. to power Honda and Acura EV models for the North American market.
IMTS Returns After a Four-Year Hiatus September 12, 2022 The International Manufacturing Technology Show set up shop today after a four-year break stemming from the COVID-19 pandemic.
Reshoring Accelerates in First Half August 31, 2022 Projections from Reshoring Initiative show reshoring gains continuing in the first half of 2022.