National Association of ManufacturersThe U.S. economy grew 3.5 percent at the annual rate in the third quarter, representing decent growth following the disappointing first half of 2014. Consumer and business spending, which rebounded strongly in the second quarter, extended those gains in the third quarter, albeit with some easing in the pace of growth.
Visit http://www.nam.org/Newsroom/eNewsletters/Monday-Economic-Report/ to view the full article online.
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Manufacturing Business TechnologyGermany's exports rose sharply in September and factory production was also up, but experts say it may not be enough to stave off a recession. The Federal Statistical Office reported Friday that exports rose 5.5 percent over August, in seasonally and calendar adjusted figures, almost offsetting the 5.8 percent drop the previous month
Visit http://www.mbtmag.com/news/2014/11/german-exports-factory-production to view the full article online.
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Bloomberg BusinessweekWith its chronic blackouts, crumbling roads, and other infrastructure woes, India should have no appeal for John Ginascol. A vice president at Abbott Laboratories, Ginascol is responsible for ensuring that the company’s food-products factories run smoothly worldwide. Yet Abbott has just opened its first plant in India, and Ginascol says there haven’t been any nightmares so far.
Visit http://www.businessweek.com/articles/2014-11-06/india-vs-dot-china-the-battle-for-global-manufacturing to view the full article online.
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Aerospace Manufacturing and DesignRolls-Royce officials have announced additional headcount reductions as part of an intensified program to improve operational efficiency and reduce cost across the group. It now proposes a restructuring plan that will reduce headcount by 2,600 over the next 18 months, principally in the aerospace division.
Visit http://www.onlineamd.com/rolls-royce-accelerates-cost-reduction-110614.aspx#.VGDo-PnF_QM to view the full article online.
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