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Bloomberg
The Markit Economics preliminary index of U.S. manufacturing unexpectedly fell to 56.3 in July from a four-year high of 57.3 as orders and factory employment cooled, the London-based group said today. Readings exceeding 50 in the purchasing managers’ gauge indicate expansion. The median forecast in a Bloomberg survey of economists was 57.5, with estimates ranging from 56 to 59. Visit http://www.bloomberg.com/news/2014-07-24/markit-manufacturing-index-in-u-s-decreases-to-56-3-from-57-3.html to view the full article online. |
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MarketWatch
Italian manufacturing business confidence fell slightly in July, for the second month, pulled down by a worsening outlook for orders, national statistics institute Istat said Monday. Visit http://www.marketwatch.com/story/italian-manufacturing-business-confidence-slips-2014-07-28?link=MW_latest_news to view the full article online. |
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Bloomberg
European stocks rose for a third day as manufacturing gains in China and the euro area boosted investors’ confidence that the economic recovery is on track. Euro-area manufacturing and services activity strengthened in July in a sign that a recovery in the 18-nation region is gathering pace. Visit http://www.bloomberg.com/news/2014-07-24/european-stock-index-futures-little-changed-amid-earnings.html to view the full article online. |
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Nasdaq
Manufacturing figures Friday, Aug. 1 are set to provide reassurance that the U.K. recovery remained steady in July, economists say. Analysts expect the manufacturing purchasing manager's survey to edge down only slightly to 57.4 from 57.5 in June. A reading above 50 indicates activity is expanding. Visit http://www.nasdaq.com/article/uk-data-to-show-manufacturing-strength-steady-20140725-00531 to view the full article online. |
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The Lawyer
One of the buzzwords in the UK business lexicon these days is ‘reshoring’ – the return of formerly UK-headquartered businesses or the redomiciling of production to the UK. EEF, the manufacturers’ association, recently found that one in six companies has reshored production back to the UK in the past three years, up from one in seven in 2009. Visit http://www.thelawyer.com/analysis/behind-the-law/industry-leaders/reshoring-and-the-great-british-manufacturing-renaissance/3023512.article to view the full article online. |
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Visit http://www.agma.org/events-training/detail/bevel-gear-system-design1 to view the full article online. |
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Xinhua
Industrial robots are assuming more and more prominence in China as the country's manufacturing industry is stymied by a severe worker shortage and soaring labor costs. China bought one fifth of the world's industrial robot output in 2013, overtaking Japan as the biggest buyer of such technology, according to statistics released by the China Robot Industry Alliance (CRIA) recently. Visit http://news.xinhuanet.com/english/indepth/2014-07/28/c_133515795.htm to view the full article online. |
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Bloomberg
A Chinese manufacturing gauge rose to an 18-month high in July, bolstering the government’s chances of meeting its 2014 economic-growth target of about 7.5 percent. Visit http://www.bloomberg.com/news/2014-07-23/china-manufacturing-gauge-rises-to-18-month-high-on-stimulus-.html to view the full article online. |
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Forbes
There’s a renaissance underway in American manufacturing. Even as rising wages and energy costs in China are leading more U.S. companies to bring manufacturing stateside, economic indicators point towards real industrial progress. Visit http://www.forbes.com/sites/techonomy/2014/07/21/innovation-hubs-are-accelerating-american-manufacturing/ to view the full article online. |
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Los Angeles Times
Orders for jetliners, machinery and other long-lasting durable goods rebounded last month in a positive sign for the important manufacturing sector, the Commerce Department said Friday. Visit http://www.latimes.com/business/la-fi-durable-goods-manufacturing-economy-20140725-story.html to view the full article online. |
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New York Post
It’s a jobs train wreck just waiting to happen. New York’s long-suffering manufacturing sector is on a collision course with the state’s looming pension-debt crisis, a shocking new study reveals. Visit http://nypost.com/2014/07/27/nys-manufacturing-cannot-keep-up-with-the-country/ to view the full article online. |
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IndustryWeek
GE’s Energy Management announced on July 24 that it will create a new 190,000 square feet manufacturing Center of Excellence (COE) in Clearwater, Fla. The COE will include the existing instrument transformer facility as well as new manufacturing operations for capacitors. Visit http://www.industryweek.com/expansion-management/ge-energy-creates-manufacturing-center-excellence-florida to view the full article online. |
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The Guardian
There has been renewed concern about the strength of Britain's manufacturing sector recently, but JLR's 40,000 sq m aluminium body shop in the west Midlands is alive with the comforting, audible hum of stuff being made. Visit http://www.theguardian.com/business/2014/jul/28/jaguar-land-rover-blazes-trail-british-car-manufacturing to view the full article online. |
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University Herald
Deloitte University in Texas announced the launch of a massive open online course (MOOC) on the business implications of additive manufacturing. School officials said 3D Opportunity: The Course on Additive Manufacturing for Business Leaders is designed to help educate the market on the business drivers of additive manufacturing. Visit http://www.universityherald.com/articles/10610/20140727/deloitte-university-launches-mooc-on-additive-manufacturing.htm to view the full article online. |
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Houston Chronicle
Manufacturing/industrial engineers devise efficient ways to use their workforce, machines, materials, information and energy to make a product or provide a service. In Houston and Texas, with the manufacturing industry booming, such engineers are in high demand. Visit http://www.chron.com/jobs/article/Manufacturing-engineers-see-strong-demand-for-5644930.php to view the full article online. |
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Milwaukee-Wisconsin Journal Sentinel
A staffing agency in the Milwaukee area for 43 years has developed a new program aimed at helping fill the skills gap in manufacturing by matching trainable job candidates with employers. The program, called Trainable Fit, looks for mechanical aptitude, with skills such as the ability to analyze objects from different angles. Visit http://www.jsonline.com/business/trainable-manufacturing-candidates-are-matched-with-jobs-in-new-program-b99317035z1-268367472.html to view the full article online. |
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3DPrint.com
Rapid Prototyping is aggressively transforming manufacturing industries, posing an intensive threat to conventional approaches. Despite a costly investment, manufacturers continue to adopt rapid prototyping as a means to evaluate the product design effectively. Visit http://3dprint.com/9966/3d-printing-manufacturing/ to view the full article online. |
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HPC Wire
HPC has reached a tipping point where industry use has expanded dramatically. So what role do supercomputers have in manufacturing? Speaking on this topic is Greg Clifford, manufacturing segment manager at Cray. Visit http://www.hpcwire.com/2014/07/22/evolution-hpc-manufacturing/ to view the full article online. |
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Manufacturing.net
Open-source technology (hardware, firmware, software) has been the spur of the maker movement and continues to drive the cogs of at-home manufacturing. Many industry experts might relegate information like this to the "con" column of industry analysis, but something larger is happening with this technology. Visit http://www.manufacturing.net/blogs/2014/07/open-source-could-be-a-new-avenue-for-manufacturers to view the full article online. |
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Northern Life
Were it not for an aggressive stance to diversify its manufacturing line, Marcotte Mining Machinery Services Inc., which celebrates its 35th year in business this year, may have faced the same financial difficulties as some of its competitors. Visit http://www.northernlife.ca/news/localNews/2014/07/27-marcotte-Sudbury.aspx to view the full article online. |
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Climate Progress
While the politics of fracking has taken hold of election-year energy discussions in Colorado, the wind power industry is quietly surging. Vesta Wind Systems recently announced it was hiring 800 new workers, part of plans to fill 1,500 jobs this year in Colorado, after receiving orders for 370 turbines over the last few weeks. Visit http://thinkprogress.org/climate/2014/07/21/3462155/wind-power-hiring-colorado-vestas/ to view the full article online. |
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Manufacturing.net
Puerto Rico's governor says a U.S. aerospace manufacturing firm is investing $9 million to expand its operations on the island. Alejandro Garcia Padilla said Tuesday the expansion of UTC Aerospace Systems follows a previous investment of $15 million that has created 200 jobs in the past year. Visit http://www.manufacturing.net/news/2014/07/utc-aerospace-to-expand-in-puerto-rico to view the full article online. |
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Aerospace Manufacturing and Design
The Commonwealth Center for Advanced Manufacturing (CCAM) leadership announced that Airbus has joined CCAM's industry, academic, and government consortium dedicated to manufacturing breakthroughs and advancements in applied research. Visit http://www.onlineamd.com/virginia-center-advanced-manufacturing-airbus-aerojet-072614.aspx#.U9ZygONdV90 to view the full article online. |
