AGMA Gear Industry News

American Gear Manufacturers Association

McInnes Rolled Rings
IndustryWeek
U.S. manufacturing expanded for the 14th consecutive month, the Institute for Supply Management reported, as its monthly PMI index rose to 57.1% in July from 55.3% in June. Daniel J. Meckstroth, chief economist for the Manufacturers Alliance for Productivity and Innovation (MAPI), said the July ISM report showed the industrial sector growing at a fast pace.

Visit http://www.industryweek.com/global-economy/ism-manufacturing-index-points-continued-growth to view the full article online.

 
Action Forex
Britain's manufacturing sector expanded at the slowest pace in a year in July amid fears that geopolitical tensions between Russia and the West may start to have an adverse impact on manufacturing exports.

Visit http://www.actionforex.com/analysis/daily-forex-fundamentals/uk-manufacturing-pmi-declines-on-concerns-for-exports-20140804221665/ to view the full article online.

 
Area Development Online
Investments in advanced manufacturing technologies — for example, nanotechnology, composite materials, injection molding, microelectronics, software, computer systems, lasers and photonics, robotics and automation — are a must these days for companies that want to stay competitive in the global marketplace. A leader in innovative manufacturing, Canada recognizes and supports its knowledge-based, high-tech industries which, in turn, continue to invest in cutting-edge R&D.

Visit http://www.areadevelopment.com/Canada-Investment-Guide/Location-Canada-2014/Canada-supports-advanced-manufacturing-transformation-282826.shtml to view the full article online.

 
Machine Tool Builders
Sumitomo Machinery Corp.
Gleason Corporation
nwitimes.com
Indiana leads the nation in manufacturing job growth over the past year, according to the U.S. Bureau of Labor Statistics. The state gained 13,700 factory jobs over the past 12 months, 700 more than second-place Texas.

Visit http://www.nwitimes.com/business/local/indiana-leads-nation-in-manufacturing-jobs-gains/article_4adf6bc6-fd59-514d-83d5-4d220b7a03b3.html to view the full article online.

 
Shopfloor
The U.S. economy has rebounded after a slow start to the year, with a number of data sources last week showing manufacturing activity growing strongly of late. First, real GDP increased by a healthy 4.0 percent in the second quarter, more than offsetting the 2.1 percent drop in output during the first quarter.

Visit http://www.shopfloor.org/2014/08/monday-economic-report-august-4-2014/31898 to view the full article online.

 
Hunting Dearborn, Inc.
Xinhuanet
China's manufacturing activity quickened to the highest level in more than two years in July, reinforcing signs that the economy is firming up on government support policies. The purchasing managers' index rose to 51.7 in July, up from 51 in June, according to data released on Friday by the National Bureau of Statistics (NBS) and the China Federation of Logistics and Purchasing.

Visit http://news.xinhuanet.com/english/china/2014-08/01/c_133524154.htm to view the full article online.

 
Voice of America
For a long time, economists have discussed East Africa's chances to "get a foot in the door" of global manufacturing. Until recently though, delays at ports, bad roads, power outages and political instability have prevented a shift from happening. But now, the Ethiopian government is building new industrial mega-zones that have successfully attracted some foreign investors who are moving manufacturing from China.

Visit http://www.voanews.com/content/ethiopia-drawing-asia-manufacturing-interest/1970953.html to view the full article online.

 
All Metals & Forge Group, LLC
Bloomberg
Russia’s first expansion in manufacturing since October will be hard to sustain because of weak export demand and escalating tensions over Ukraine, HSBC Holdings Plc said. The Russia Manufacturing Purchasing Managers’ Index rose to 51 in July from 49.1 in June with a "solid rise" in output, "modest growth" in new orders and a decline in inventories, HSBC said.

Visit http://www.bloomberg.com/news/2014-08-01/unexpected-russian-manufacturing-gain-hard-to-sustain-hsbc-says.html to view the full article online.

 
Gear engineering expert Ray Drago presents Detailed Gear Design. This course for advanced students with a good understanding of basic gear theory and nomenclature covers all the factors going into good design from life cycle, load torque, and evaluating consequences. Register today!
 
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
AL.com
Business Facilities magazine has ranked Alabama as the No. 1 state when it comes to automotive manufacturing strength. The ranking, based on production gains and growth potential for the sector, appears in the publication's annual report on states' performance.

Visit http://www.al.com/business/index.ssf/2014/08/alabama_ranked_as_top_state_fo.html to view the full article online.

 
Milwaukee Wisconsin Journal Sentinel
Year in and year out, Wisconsin and a small cluster of Midwestern states have maintained their reliance on manufacturing jobs, just as was the case in 1990, according to a new government report.

Visit http://www.jsonline.com/business/report-highlights-states-stable-reliance-on-manufacturing-jobs-b99322080z1-269479641.html to view the full article online.

 
Hilco Industrial, LLC
MLive
In an industrial setting, energy, maintenance and equipment costs can create unbridled spending and skyrocket a company's expenses. All warehouses are not fungible. Some companies may settle with the belief that all manufacturing spaces are equal, but work can be done to better leverage the space to impact productivity and bottom-line profit.

Visit http://www.mlive.com/business-resource-center/2014/07/3_factors_to_consider_to_bette.html to view the full article online.

 
Pittsburgh Post-Gazette
Pennsylvania is producing a diverse energy mix, including shale gas and coal, that is driving a manufacturing comeback in the commonwealth and across the country. Proposed federal regulations on carbon would put these jobs and the broader economic growth they support at risk. These issues will come to a head at a public hearing in Pittsburgh this week.

Visit http://www.post-gazette.com/opinion/2014/07/29/Proposed-EPA-rules-threaten-Pennsylvania-manufacturing-They-would-stifle-the-coal-and-gas-industries-and-stall-the-economic-recovery/stories/201407290023 to view the full article online.

 
Modern Machine Shop
During the economic downturn, investments in technology and training, coupled with trimming waste in all areas of production, resulted in a stronger company with a healthier bottom line once the financial skies had cleared.

Visit http://www.mmsonline.com/articles/roaring-out-of-the-recession to view the full article online.

 
IndustryWeek
American Axle & Manufacturing this fall will launch an Advanced Technology Development Center at its Detroit headquarters. The manufacturer of automobile driveline and drivetrain components will invest $15 million to $20 million in the center.

Visit http://www.industryweek.com/companies-executives/american-axle-launch-advanced-technology-development-center-detroit to view the full article online.

 
Forest City Gear Company
Aerospace Manufacturing and Design
Boeing officials have announced that final assembly of the 787-10, the newest and longest member of the 787 Dreamliner family of airplanes, will take place exclusively in North Charleston, S.C.

Visit http://www.onlineamd.com/boeing-787-10-south-carolina-073114.aspx#.U9-ml-NdV90 to view the full article online.

 
Manufacturing.net
GE reported a double-digit increase in industrial profits for the first half of 2014 today. The growth has been fueled by the company’s long-term strategy to build up its industrial units, shrink its financial services business, and grow investment in new technologies and research.

Visit http://www.manufacturing.net/news/2014/07/ge%E2%80%99s-industrial-core-packs-more-punch-as-demand-for-machines-and-services-grows to view the full article online.

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