ShopfloorWith 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.
Visit http://www.shopfloor.org/2014/07/monday-economic-report-july-21-2014/31763 to view the full article online.
|
CTV NewsCanada'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.
Visit http://www.ctvnews.ca/business/canadian-manufacturing-poised-for-true-recovery-kpmg-1.1923503 to view the full article online.
|
Manufacturing. netU.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.
Visit http://www.manufacturing.net/news/2014/07/factory-output-rises-for-5th-straight-month to view the full article online.
|
Los Angeles TimesCalifornia 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.
Visit http://www.latimes.com/business/la-fi-california-manufacturing-20140716-story.html to view the full article online.
|
The HeraldGE’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.
Visit http://www.heraldonline.com/2014/07/21/6158208/ge-invests-5-million-in-its-mebane.html?sp=/100/773/385/ to view the full article online.
|
BusinessBecauseThe 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.
Visit http://www.businessbecause.com/news/mba-careers/2676/britains-booming-manufacturing-sector-builds-mba-jobs to view the full article online.
|
Aviation WeekGeneral 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.
Visit http://aviationweek.com/farnborough-2014/ge-unveils-additive-manufacturing-factory-plan to view the full article online.
|
Airline Fleet ManagementRolls 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.
Visit http://www.afm.aero/news/item/1730-rolls-royce-honoured-to-win-a330neo-engine-contract to view the full article online.
|
Manufacturing.netGeneral 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.
Visit http://www.manufacturing.net/news/2014/07/gm-proposes-27m-investment-for-indiana-plant to view the full article online.
|
WCSICummins 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.
Visit http://wcsi.whiterivernews.com/templates/localnews_temp.asp?id=9278&storyno=1 to view the full article online.
|
|