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McInnes Rolled Rings
IndustryWeek Manufacturing production increased 0.1% in June, the Federal Reserve reported today, underperforming analyst expectations for an increase of 0.3% or more. Industrial production showed a similar modest improvement, up 0.2% for the month.
Shopfloor With more and more data starting to trickle in for June, we are seeing some definite trends taking shape. One positive is that the manufacturing sector continues to expand, suggesting that the rebound from winter-related softness earlier in the year has mostly continued. Manufacturers also tend to be mostly upbeat about the second half of this year—a sign of optimism that is encouraging.
BloombergBusinessweek A recovery in Europe’s manufacturing industry is struggling to gather steam, curbed by subdued demand for factory equipment and automotive parts, according to SKF AB (SKFB), a ball-bearing maker that’s a bellwether for industrial health.
Machine Tool Builders
Sumitomo Machinery Corp.
Gleason Corporation
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CTV News Canada's manufacturing sector is finally poised for a true recovery after spending the last eight years in survival mode, according to a new report from consulting firm KPMG. In the report, KPMG says many of the headwinds that worked against the sector during and since the 2008-09 recession are poised to reverse. One of the most encouraging, KPMG says, is that far fewer Canadian firms are pre-occupied with cost-saving and outsourcing production to such places as China, and are more focused on growth.
Manufacturing. net U.S. factory output increased for the fifth straight month in June as manufacturers cranked out more aircraft, chemicals and furniture. The modest gain underscored manufacturing's role in helping return the economy to growth after a grim first quarter. Factory production rose 0.1 percent last month, the Federal Reserve said Wednesday, down from a gain of 0.4 percent in the previous month.
Hunting Dearborn, Inc.
Los Angeles Times California manufacturers really can do more with less. The output of state factories has surged 73% during the last 15 years — twice as fast as the rest of the nation — even as the sector bleeds jobs, according to a new report from the Los Angeles County Economic Development Corp. Employment declined nearly 34% during the same period.
The Daily News A measure proposed by N.C. Senate Republicans would provide substantial new financial incentives that could help close deals to bring large manufacturing companies to the state. The proposal would create a Job Catalyst Fund that would provide state grants to local governments in their bids to attract large projects that create hundreds of jobs.
The Herald GE’s Industrial Solutions business is investing $5 million to strengthen its Mebane, N.C., operations, adding production and testing capabilities that enhance the customer experience. The investment builds on the company’s local footprint that was expanded in October 2013 with the grand opening of GE’s Power Equipment and Power Components global headquarters in Cary, N.C.
All Metals & Forge Group, LLC
NDTV Profit Suzlon Energy, India's top wind-turbine supplier, is looking to set up a manufacturing plant in Brazil and make the nation a hub for exporting to Latin American countries, its chairman Tulsi Tanti said. The plant, expected to be open in 18 months, will have initial capacity of 400 megawatts a year.
BusinessBecause The UK's manufacturing industry is booming and the sector's employers plan to hire the most MBAs, while business schools also say demand has increased. The UK's domestic market remains the prime source of contract wins, but manufacturing firms report growth in new clients across Europe, Asia and the Middle East. BAE Systems, Britain’s biggest defense giant, has been delivering jets to Saudi Arabia since 2009.
The Guardian The manufacturing sector may have emerged the major driver of economic growth in Nigeria, going by assessment contained in the latest economic report of the Renaissance Capital (Rencap). According to the report, with Nigeria’s rebased Gross Domestic Product, the manufacturing sector is currently growing faster than the telecommunications, oil and gas and agricultural sectors.
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
IndustryWeek Remaining positive about the U.S. economy and sales at their own companies, manufacturing executives in two new surveys say they will be increasing capital spending to prepare for improving business conditions. Manufacturers are also increasing shorter-term spending, the survey found.
eTN The Commonwealth Center for Advanced Manufacturing (CCAM) today announced that Airbus – the aeronautics leader – has joined CCAM's industry, academic and government consortium dedicated to manufacturing breakthroughs and advancements in applied research.
Aviation Week General Electric has revealed plans to develop the aerospace world’s first large, dedicated additive manufacturing facility for jet engine parts in Auburn, Alabama. The site, which will occupy spare space within GE’s recently-opened 300,000-square foot high pressure turbine blade manufacturing facility in Auburn, will make complex fuel nozzles for the CFM Leap using a series of 3-D printing machines.
Forest City Gear Company
Business Cloud News American aircraft engine manufacturer Pratt & Whitney announced a partnership with IBM in a bid to use big data time improve engine fleet management for civilian and military airlines. The companies said the predictive analytics capabilities will help increase performance monitoring of operational commercial engines and optimize fleet management.
Airline Fleet Management Rolls Royce says it "honoured" to have been selected as the exclusive supplier to power the new A330-800neo and A330-900neo - but it was not an easy race to win. The engine manufacturer’s new Trent 7000 engine was revealed earlier this week at the Farnborough Air Show as the engine choice of Airbus, when it launched the new aircraft. General Motors has proposed investing $27 million at a southern Indiana casting plant for machinery, equipment and tooling needed to produce aluminum engine blocks. The automaker filed a tax abatement request for the Bedford factory project, saying it would add about 40 jobs and raise the plant's employment to some 650 workers.
WCSI Cummins announced the development of a new engine and powertrain that it says drastically cuts carbon dioxide (CO2) emissions. Monday's announcement stated that CO2 emissions can be cut by as much as 80 percent compared with a baseline gasoline-powered medium-duty truck.
Star SU LLC.


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