AGMA Gear Industry News

American Gear Manufacturers Association

McInnes Rolled Rings
Bloomberg
American manufacturers are churning out more goods and homebuilders are regaining confidence as evidence mounts that the world’s largest economy is making a comeback after a slow start to 2014. Output at factories, mines and utilities rose 0.6 percent in May, reflecting gains at makers of automobiles, business equipment and construction supplies, according to Federal Reserve data.

Visit http://www.bloomberg.com/news/2014-06-16/industrial-production-in-u-s-climbed-more-than-forecast-in-may.html to view the full article online.

 
Reuters
U.S. manufacturing output rose in May and factory activity in New York state accelerated sharply this month, buoying hopes of a strong rebound in economic growth this quarter. The brightening growth outlook was further boosted by news on Monday that confidence among homebuilders perked up this month, a good omen for the struggling housing market.

Visit http://www.reuters.com/article/2014/06/16/us-usa-economy-industrialoutput-idUSKBN0ER1HA20140616 to view the full article online.

 
Machine Tool Builders
Sumitomo Machinery Corp.
Gleason Corporation
The Detroit News
For those who know what manufacturing is like today, there’s no doubt that we’re enjoying a bona fide renaissance. As recently as 2011, the Great Lakes region, along with the rest of the country, had lost a good many manufacturing jobs. But in the years since, we’ve got a very different story on our hands, fueled by immense changes in the manufacturing environment.

Visit http://www.detroitnews.com/article/20140611/OPINION01/306110004/Bridging-talent-gap-manufacturing to view the full article online.

 
IndustryWeek
Manufacturing production will outpace the overall U.S. economy over the next 18 months, according to a new quarterly economic forecast from the Manufacturers Alliance for Productivity and Innovation (MAPI).

Visit http://www.industryweek.com/global-economy/investment-spending-will-drive-manufacturing-growth-mapi to view the full article online.

 
Hunting Dearborn, Inc.
FOX Business
New York manufacturers report the strong pick-up in activity seen in May continues to hold in June, according to data released Monday. The Empire State's business conditions index edged up to 19.28 this month after jumping to 19.01 in May from 1.29 in April, according to the Federal Reserve Bank of New York's Empire State Manufacturing Survey.

Visit http://www.foxbusiness.com/economy-policy/2014/06/16/new-york-manufacturing-activity-accelerates-in-june/ to view the full article online.

 
3DPrint.com
As advancements continue in 3D printing, particularly that of laser sintering, we are seeing major investments within the aerospace industries, as well as several other areas which rely on highly detailed, light weight, customized parts. This week Global conglomerate General Electric Co. announced plans to add a technology center to its manufacturing and engineering complex in Greenville, S.C.

Visit http://3dprint.com/5901/ge-additive-manufacturing/ to view the full article online.

 
All Metals & Forge Group, LLC
Manufacturing.net
Cleveland State University’s Washkewicz College of Engineering and Rapid Prototype + manufacturing (rp+m) have partnered in an effort on workforce development and have been awarded a $293,500 grant from the Ohio Board of Regents in support of the college’s Workforce Development Equipment and Facility Program in Additive Manufacturing.

Visit http://www.manufacturing.net/news/2014/06/grant-to-expand-additive-manufacturing-research-at-cleveland-state to view the full article online.

 
Indianapolis Business Journal
Indiana's manufacturing and logistics sectors are among the strongest in the nation as the economy bounces back from its recent swoon, according to a recent academic and industry report. Indiana was the only state in the U.S. to earn "A" grades in both manufacturing and logistics in the report from Ball State University’s Center for Business and Economic Research and Conexus Indiana.

Visit http://www.ibj.com/indiana-excels-manufacturing-and-logistics-but-concerns-loom/PARAMS/article/48073#.U576XZRdV90 to view the full article online.

 
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
The Huddersfield Daily Examiner
Two of Huddersfield’s foremost engineering firms are investing in the future. Lockwood-based gears giant David Brown and centrifuge specialist Thomas Broadbent & Sons Ltd, of Queen Street South, have embarked on schemes to upgrade their premises as the picture brightens for UK manufacturing.

Visit http://www.examiner.co.uk/news/west-yorkshire-news/david-brown-thomas-broadbent-investing-7264894 to view the full article online.

 
Junior Mining Network
Yamana Gold Inc. and Agnico Eagle Mines Limited are pleased to announce today the completion of their previously announced court-approved plan of arrangement pursuant to which Yamana and Agnico Eagle have jointly acquired 100% of the issued and outstanding common shares of Osisko Mining Corporation.

Visit http://www.juniorminingnetwork.com/junior-miner-news/news-releases/534-tsx/yri/30248-yamana-gold-and-agnico-eagle-complete-acquisition-of-osisko-mining-corporation-and-the-canadian-malartic-mine.html#.U57_t5RdV90 to view the full article online.

 
Forest City Gear Company
The Tribune-Review
Pennsylvania is charging the booming natural gas industry more for drilling permits — the first fee hike in nearly five years — which will add about $4.7 million a year for additional inspectors and technology to streamline the permitting process.

Visit http://triblive.com/business/headlines/6279014-74/fees-increase-industry#axzz34oRxDqUU to view the full article online.

 
IndustryWeek
Encouraging skills education, connecting companies in the supply chain and exposing smaller firms to advanced technologies are among the six "innovative, non-partisan, and actionable ideas" proposed by a University of Virginia commission to create manufacturing jobs in small- and medium-size firms.

Visit http://www.industryweek.com/competitiveness/six-ideas-boost-manufacturing-smes-competitiveness to view the full article online.

 
Star SU LLC.
 
American Gear Manufacturers Association
1001 N. Fairfax Street, 5th Floor, Alexandria, VA, 22314-1587
www.agma.org