AGMA Gear Industry News

American Gear Manufacturers Association

McInnes Rolled Rings
National Association of Manufacturers
The 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.

 
Manufacturing.net
U.S. factories were busier in October, a sign that manufacturing is on sound footing despite growing concerns about the global economy. Orders, productivity and hiring all grew faster than they did in September, according to a private survey.

Visit http://www.manufacturing.net/news/2014/11/us-factory-activity-picks-up-the-pace to view the full article online.

 
Machine Tool Builders
Sumitomo Machinery Corp.
Gleason Corporation
DixiTech CNC
SIPCO
NPR
The face of manufacturing has changed. In the future, the pool of workers is expected to be smaller. And if workers want to succeed, they'll need continuous improvement with on-the-job education.

Visit http://www.npr.org/2014/11/07/362226235/future-u-s-manufacturing-jobs-will-require-more-brain-than-brawn to view the full article online.

 
IndustryWeek
U.S. manufacturers added 19,000 net new workers in October, according to the Bureau of Labor Statistics' monthly Employment Situation report issued today. It was a good showing; it represented the manufacturing sector's biggest monthly gain since February.

Visit http://www.industryweek.com/around-web/bls-jobs-report-manufacturing-sector-goes-plus-19000-october to view the full article online.

 
Hunting Dearborn, Inc.
Manufacturing Business Technology
Germany'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.

 
MPR News
As part of the weekly series of America's employment landscape, we look at the revival in urban manufacturing. Why is there a shift back to artisan based production?

Visit http://www.mprnews.org/story/2014/11/10/daily-circuit-urban-manufacturing to view the full article online.

 
All Metals & Forge Group, LLC
Manufacturing.net
Nonfarm business sector labor productivity increased at a 2.0 percent annual rate during the third quarter of 2014, the U.S. Bureau of Labor Statistics reported today, as output increased 4.4 percent and hours worked increased 2.3 percent.

Visit http://www.manufacturing.net/news/2014/11/productivity-labor-costs-rise-in-3q to view the full article online.

 
Bloomberg Businessweek
With 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.

 
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
IndustryWeek
The world's leading wind turbine maker, Danish group Vestas Wind Systems, reported Friday it had swung into profit and now sees a brighter outlook for 2014. Emerging from more than two years of losses under the guidance of new CEO Anders Runevad, the company said it is enjoying strong demand.

Visit http://www.industryweek.com/energy/wind-turbine-giant-vestas-generates-profit-raises-guidance-market-recovers to view the full article online.

 
Milwaukee-Wisconsin Journal Sentinel
From an enormous tax credit that promises Wisconsin tax bills of nearly nothing on in-state production, to awards made by the economic development agency and training funded by the workforce development agency, manufacturing has won big.

Visit http://www.jsonline.com/business/in-wisconsin-the-moneys-on-manufacturing-b99382127z1-282033381.html to view the full article online.

 
Carl Zeiss Industrial Metrology
GERB Vibration Control Systems, Inc.
Aerospace Manufacturing and Design
Rolls-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.

 
Aerospace Manufacturing and Design
The aerospace supply industry is still in the early days of a long-term boom in orders, say industry participants at a recent suppliers summit hosted by GE Capital at GE Aviation’s headquarters in Cincinnati, Ohio.

Visit http://www.onlineamd.com/suppliers-ramping-up-ge-capital-111014.aspx#.VGDpJvnF_QM to view the full article online.

 
Cincinnati Gearing Systems Inc.
Charlotte Observer
French helicopter-engine maker Turbomeca announced Wednesday it is closing its plant in Monroe, cutting 112 jobs in a year-long phase out.

Visit http://www.charlotteobserver.com/2014/11/05/5294459/helicopter-engine-maker-to-close.html#.VGDqKfnF_QM to view the full article online.

 
Manufacturing.net
Manufacturing is an ever-changing industry, where manufacturers face new issues and concerns every year. Since this year is no exception, here are a few of the top concerns that manufacturers are grappling with.

Visit http://www.manufacturing.net/articles/2014/11/six-challenges-facing-modern-manufacturing-companies to view the full article online.

 
Forest City Gear Company
Shopfloor
We set aside Veteran's Day to honor and celebrate the men and women who have given service to our nation in the Armed Forces. This one day is rightfully dedicated to them in gratitude, but manufacturers believe our nation’s veterans deserve our support the other 364 days of the year as well.

Visit http://www.shopfloor.org/2014/11/veterans-are-critical-to-success-of-manufacturing/32483 to view the full article online.

 
WaterWorld
The utility -- GE P&W's first advanced manufacturing facility -- will serve as an incubator for innovative advanced manufacturing process development and rapid prototyping for P&W businesses, including water processing as well as wind turbines, heavy duty gas engines, distributed power gas engines, and nuclear power services.

Visit http://www.waterworld.com/articles/2014/11/ge-breaks-ground-on-first-power-water-advanced-manufacturing-facility.html to view the full article online.

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