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Manufacturing.net
Economic activity in the manufacturing sector expanded in June for the 13th consecutive month, and the overall economy grew for the 61st consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. Visit http://www.manufacturing.net/articles/2014/07/ism-manufacturing-on-solid-ground-for-the-rest-of-2014 to view the full article online. |
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CNBC
The pace of growth in the U.S. manufacturing sector slowed very slightly in June, an industry report showed on Tuesday, though new orders accelerated to a six-month high. The Institute for Supply Management said its index of national factory activity was 55.3 in June, almost unchanged from May's 55.4 reading. Visit http://www.cnbc.com/id/101803877#. to view the full article online. |
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AGMA
The AGMA Training School for Gear Manufacturing will enable you to become more knowledgeable and productive. The Basic Course teaches students to set up machines for maximum efficiency, to inspect gears accurately, and to understand basic gearing. Visit http://www.agma.org/events-training/detail/basic-training-for-gear-manufacturing11 to view the full article online. |
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The Seattle Times
A survey shows Chinese manufacturing grew in June for the first time in six months but the expansion was weak. HSBC said its survey found output rose for the first time since January but the rate of improvement was "only slight and weaker than the historical average." Visit http://seattletimes.com/html/businesstechnology/2023963474_apxchinamanufacturing.html to view the full article online. |
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Bloomberg
German factory orders fell more than economists expected in May as geopolitical risks weighed on confidence in the strength of Europe’s largest economy. Orders, adjusted for seasonal swings and inflation, fell 1.7 percent from April, when they rose a revised 3.4 percent, the Economy Ministry in Berlin said. Visit http://www.bloomberg.com/news/2014-07-04/german-factory-orders-fall-as-geopolitical-risks-damp-confidence.html to view the full article online. |
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IFA Magazine
UK manufacturing confidence fell in June for the first time in 14 months amid fears about rising costs and a skills shortage, a survey released on Monday showed. The BDO Optimism Sub-Index for manufacturing, which predicts growth expectations in six months’ time, fell to 119.5 in June from 121 in May, albeit above the 100 level indicating long-term growth. Visit http://www.ifamagazine.com/news/uk-manufacturing-confidence-drops-for-first-time-in-over-a-year-302132 to view the full article online. |
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My Digital Financial Chronicle
Manufacturing and services sectors in India expanded at a faster pace than China during June while emerging market output registered the strongest upturn in business activity since March quarter of 2013, an HSBC survey said today. Visit http://www.mydigitalfc.com/economy/manufacturing-services-growth-outpaced-china-june-hsbc-960 to view the full article online. |
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Forbes
The Internet of Things (IoT) is changing manufacturing as we know it. Factories and plants that are connected to the Internet are more efficient, productive and smarter than their non-connected counterparts. In a marketplace where companies increasingly need to do whatever they can to survive, those that don’t take advantage of connectivity are lagging behind. Visit http://www.forbes.com/sites/ptc/2014/07/01/how-the-internet-of-things-is-transforming-manufacturing/ to view the full article online. |
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BenefitsPro.com
Hiring in the manufacturing and service sectors is becoming as hot as the summer weather, according to the Society for Human Resource Management. The organization released its "Leading Indicators of National Employment Report." According to the report: More than one-half (53.2 percent) of manufacturers expect to add jobs in July, which would represent a 14.8 percent increase over the same period in 2013. Visit http://www.benefitspro.com/2014/07/02/manufacturing-service-hiring-reach-4-year-high to view the full article online. |
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IndustryWeek
Two respected surveys of purchasing managers released recently indicated continued growth in manufacturing in June, but the reports differed in how much strength they were detecting in that expansion. Visit http://www.industryweek.com/global-economy/manufacturing-reports-signal-growth-how-much to view the full article online. |
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Brookings
Accounting for roughly 12 percent of U.S. GDP, the manufacturing sector is an important driver of the economy and job creation. President Obama has repeatedly emphasized the importance of creating sustained growth in the U.S. manufacturing sector. Visit http://www.brookings.edu/blogs/techtank/posts/2014/07/7-innovation-engine-manfucturing-hub to view the full article online. |
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Reuters
Euro zone manufacturing growth eased slightly more than previously thought last month and factories fulfilled existing orders to keep busy, a business survey showed on Tuesday. A resurgence in the bloc's periphery countries supported Germany, which was again the driving force, despite slower growth due to extra public holidays. Visit http://www.reuters.com/article/2014/07/01/us-pmi-manufacturing-eurozone-idUSKBN0F63JQ20140701 to view the full article online. |
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FOX News
Local Motors wants to change the way America makes things. In fact, it already has. The Phoenix-based automotive and industrial design and manufacturing outfit was one of the pioneers of cloud-based co-creation, where members of a 150,000-member strong online community submit and refine ideas for products, dramatically speeding up the process. Visit http://www.myfoxny.com/story/25953656/3d-printed-car-to-debut-at-manufacturing-show to view the full article online. |
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The Economic Times
India's manufacturing sector is at a crossroads. And it's been stuck there for a while. Manufacturing's share of GDP has stagnated around the 15% mark for almost three decades now. Compare that with China, where the manufacturing sector contributes 34% of the country's GDP. Visit http://auto.economictimes.indiatimes.com/news/industry/what-indias-five-manufacturing-hubs-expect-from-modi-government-to-kick-start-growth/37893216 to view the full article online. |
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Harvard
Harvard chemist Cynthia Friend has been awarded a major center grant from the U.S. Department of Energy’s (DOE) Basic Energy Sciences’ Energy Frontier Research Centers program, which is designed "to accelerate the scientific breakthroughs needed to build the 21st-century energy economy." Visit https://www.seas.harvard.edu/news/2014/07/new-grant-to-support-harvard-research-on-energy-efficient-manufacturing to view the full article online. |
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Mail & Guardian
The Bank of England’s July rates decision, a trade report from China and the minutes from the Federal Reserve’s June policy meeting are the big items elsewhere in the world. Here is your guide to key data, meetings and other events expected over the coming days. Visit http://mg.co.za/article/2014-07-07-economic-week-ahead-sa-mining-and-manufacturing-updates to view the full article online. |
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Government Executive
As the US crawls out of a jobless recovery, it seems unbelievable that manufacturing companies claim they can’t fill jobs. But according to the 2014 ManpowerGroup survey, firms who employ manufacturing occupations report the biggest shortage of talent; according to a 2011 study by Deloitte, 5% of manufacturing jobs go unfilled due to a shortage of appropriate skills. Visit http://www.govexec.com/excellence/promising-practices/2014/07/shaping-workforce-you-need-lessons-manufacturing-innovator/87727/ to view the full article online. |
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St. Louis Public Radio
Illinois’ higher education, business and political leaders are pledging cooperation for an effort to bring manufacturing jobs to the region. U.S. Rep. Bill Enyart, D-Belleville, convened a day-long manufacturing summit at Mid-America Airport in Mascoutah. It was aimed at presenting a united front for southern Illinois to compete for manufacturing jobs. Visit http://news.stlpublicradio.org/post/illinois-leaders-pledge-united-front-attract-manufacturing-jobs to view the full article online. |
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Manufacturing.net
Business adoption of new technologies often flows from the personal use of these technologies. This can certainly be said when it comes to mobile apps and devices; the ability to download an app in seconds, share photos and data via the Cloud in real-time, and communicate from any location at any time have evolved from "nice to have" to "need to have." Visit http://www.manufacturing.net/articles/2014/07/5-manufacturing-business-benefits-of-shifting-paper-forms-to-mobile-apps to view the full article online. |
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Aerospace Manufacturing and Design
H-D Advanced Manufacturing Co. (H-D) has acquired Sungear Inc., a manufacturer of high-precision gears and assemblies for the aerospace industry. Sungear is the fourth acquisition completed under the H-D platform, joining Overton Chicago Gear Corp., a manufacturer of large, high-precision gears and gearboxes, Innovative Mechanical Solutions (iMECH), a manufacturer of highly engineered, custom bearings for the directional drilling motor industry, and Leading Edge Heat Treating Services Ltd., a provider of superior heat treating solutions. Visit http://www.onlineamd.com/hd-advanced-manufacturing-acquires-sungear-070714.aspx#.U7rQL5RdV90 to view the full article online. |
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Dayton Business Journal
Process Equipment Co. — which has been touting big expansion plans for several years — is now scaling back operations. Albert Naggar, owner of the Tipp City-based manufacturer, said Tuesday morning he is closing the company’s equipment, gear and robotic welding services lines of business because they were not meeting financial targets. Visit http://www.bizjournals.com/dayton/news/2014/07/01/dayton-manufacturer-closing-several-business-lines.html to view the full article online. |
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Mining Weekly
The South African branch of Belgium-based mobile track-mounted crushing and screening equipment manufacturer Keestrack Group aims to make inroads into the local quarrying and mining sectors, the company tells Mining Weekly. Visit http://www.miningweekly.com/article/equipment-manufacturer-targets-local-mining-and-quarrying-sectors-2014-07-04 to view the full article online. |
