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McInnes Rolled Rings
Shopfloor The International Monetary Fund (IMF) predicts that world output will grow 3.4 percent in 2014, down from 3.7 percent in its April forecast. Much of the downward movement stems from weaker-than-expected data from the first quarter. Fortunately, manufacturers are mostly upbeat about the second half, and the IMF predicts 1.7 percent and 3.0 percent growth in the United States for 2014 and 2015, respectively.
The AGMA 2014 Fall Technical Meeting (FTM) provides an outstanding opportunity for you to receive the latest research in the field, network with your peers, and learn about latest methods and cutting edge technologies in the gearing industry today.
RTT News German manufacturing sector turnover recovered in June, a report from German statistical office DESTATIS showed Friday. Manufacturing turnover increased by a seasonally and working day adjusted 0.4 percent month-over-month in real terms in June. This followed a revised 1.1 percent drop in May.
Machine Tool Builders
Sumitomo Machinery Corp.
Gleason Corporation
The Huffington Post According to the database of manufacturing data from the U.S. Bureau of Labor Statistics, flagged in a recent piece at the Globe and Mail, Canada has seen the largest decline in manufacturing output among 19 industrialized countries. Even the crisis-wracked economies of Italy and Spain have managed to retain more of their manufacturing output.
firstbiz. India's manufacturing industry is expected to witness a significant uptick in hiring activities in coming years amid improving business sentiments and the government's focus on this sector, HR experts believe. The recent surveys suggest that export orders are growing considerably, while rising domestic demand is expected to further boost the growth rates for the manufacturing sector.
24/7 Wall St. Economic activity in America’s manufacturing sector rose for the 13th consecutive month this June, according to the Institute for Supply Management. Manufacturing jobs have been on the upswing as well, rising for the 11th straight month in June. Using 2013 figures published by the Bureau of Economic Analysis for 2013, 24/7 Wall St. identified the 10 states where manufacturing still matters.
Hunting Dearborn, Inc.
Washington Examiner As many as one million new manufacturing jobs could be created in the U.S. by 2025 thanks to the abundance of natural gas now available because of advances in fracking technology. That's according to "Shale Gas: A Game Changer for U.S. Manufacturing," a study released late last month by the University of Michigan. A low-cost state loan to train manufacturing workers is drawing support from business groups that say Connecticut is ill-prepared for an increase in aerospace and other high-tech factory work, but some economists are dismissing the complaint as overblown.
FOX News The showroom of Holly Import, a Toyota authorized dealer in east Caracas, is packed. The image is astonishing in a country where, according to the latest data available from the Venezuelan Central Bank, the shortage of new vehicles amounts to 100 percent – i.e., there are no new cars for sale in the whole country.
All Metals & Forge Group, LLC
Chicago Tribune Consumption patterns show the world will want more manufactured goods in the next 15 years, and Chicago is well positioned to play a role in demand for more specialized, short-lived, quickly produced products, said a McKinsey & Company principal who studies manufacturing in the Midwest and worldwide.
Crain's Detroit Business Growing demand for light trucks, particularly in North America, combined with successful efforts to diversify its business and client base led to the growth of American Axle & Manufacturing Holdings Inc.
Modern Materials Handling More than 1,500 manufacturing events across the country are estimated to mark the third-annual Manufacturing Day taking place Friday, Oct. 3, according to event co-producers. Manufacturing Day is designed to introduce as many people as possible to the important role played by manufacturing both in local communities and for the nation. The 2013 celebration included 831 official events.
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
Quality Magazine In the second quarter of 2014, merger and acquisition (M&A) activity in the industrial manufacturing sector hit record levels, accounting for the highest quarterly deal volume since the fourth quarter of 2007 and the highest value in more than 10 years, according to PwC US. Manufacturers are always looking to push themselves and their machines harder to boost output and improve productivity. Every dollar earned pushes us higher toward meeting new profitability heights, and there are many steps that can help us grow.
Environmental Leader A recent report issued by the Institute for Supply Management documents that the U.S. manufacturing sector has expanded over the past 11 months. Comments from panel members reflect significant growth through the first four months of 2014, providing evidence of meaningful strength in manufacturing – an economic sector once written off as dead. But, will 2014 be a good year for manufacturers?
Hilco Industrial, LLC
IndustryWeek It starts out laying flat, like a sheet of paper. Then it springs up, almost lifelike, and folds into moveable parts much like origami art. And then it crawls away. This new kind of robot could someday be used in space exploration, to slide into collapse sites to aid search and rescue, or to speed up manufacturing on assembly lines, experts said recently.
Modern Machine Shop Mazak has been manufacturing machine tools in Florence, Kentucky, for 40 years. The growth and development of the production technology deployed in this plant reflect the most important advances in manufacturing during this span. As in much of the science fiction surrounding these topics, I’m hopeful that our emotional intelligence, innovative minds, and consciousness (you know, the things that make us human) will keep us ahead of the curve. Jobs and manufacturing will continuously change, but people seem to have the advantage of adaptability.
Cincinnati Gearing Systems Inc.
IndustryWeek While there are some signs that American manufacturing is beginning to recover from the unprecedented losses of the 2000s, policymakers have much more work to do in establishing an institutional environment that supports the competitiveness of America’s manufacturing economy on a sustainable basis.
Aerospace Manufacturing and Design In the report SmarTech found that sales to the aerospace industry of additive manufacturing (AM) equipment and associated software, services, and materials will reach $805 million in 2019, going on to reach $1.2 billion by 2023.
Forest City Gear Company
Triad Business Journal Honda Power Equipment Manufacturing Inc., a division of American Honda Motor Co. Inc., is investing $8.5 million into its Swepsonville facility and planning the production of a new generator as it celebrates the plant's 30th anniversary on Wednesday.
IndustryWeek Recently, rising energy prices, wage inflation and customer demand for shorter lead times have led many U.S. companies to consider "reshoring" the production of goods bound for domestic markets back to America. A decision to reshore should not be made absent the following considerations.
Star SU LLC.


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