IndustryWeekU.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.
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Area Development OnlineInvestments 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.
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ShopfloorThe 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.
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XinhuanetChina'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.
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Voice of AmericaFor 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.
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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!
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MLiveIn 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.
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Modern Machine ShopDuring 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.
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