ShopfloorManufacturers produced $2.085 trillion in value-added in the second quarter, according to new data from the Bureau of Economic Analysis. That figure is continued evidence that the manufacturing sector has a significant impact on economic activity, accounting for 12 percent of GDP.
Visit http://www.shopfloor.org/2014/11/monday-economic-report-november-17-2014/32547 to view the full article online.
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Miami HeraldColumbus is at the forefront of a program aimed at putting Indiana ahead of the curve in manufacturing growth. Educators, company executives and students describe the Advanced Automation and Robotics Technology program through Ivy Tech Community College as a win-win proposition.
Visit http://www.miamiherald.com/news/business/technology/article3978203.html to view the full article online.
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The 2015 Fall Technical Meeting is October 18-20, 2015 immediately before Gear Expo 2015 in Detroit, MI. Each year the Fall Technical Meeting (FTM) provides an outstanding opportunity to share ideas with others in the gear industry on design, analysis, manufacturing and application of gears, gear drives and related products, as well as associated processes and procedures. Authors have the opportunity to present the results of their work to an audience of knowledgeable professionals from the United States and around the world, and to participate in discussions with that audience. Deadline for submission is January 15, 2015. Complete details are available at the AGMA website.
Visit http://www.agma.org/newsroom/press-releases/2015-fall-technical-meeting-call-for-papers to view the full article online.
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Manufacturing GlobalSaudi Arabia is the fastest growing country in the manufacturing sector with a predicted average year-on-year growth of 7.5 percent until 2018. Saudi Arabia’s manufacturing sector is poised for significant growth in the sector, particularly in the field of technology, not only on a regional level, but on a global scale, says Martin Kuban, lead research analyst at International Data Corporation (IDC) Manufacturing Insights, Central Europe, the Middle East, and Africa (CEMA) region.
Visit http://www.manufacturingglobal.com/leadership/238/Is-Saudi-Arabia-going-to-be-the-worlds-next-big-manufacturing-destination to view the full article online.
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ShopfloorManufacturing production rose 0.2 percent in October. At the same time, output in the sector was revised down from an original estimate of 0.5 percent in September to 0.2 percent. As such, manufacturing production has been weaker over the past three months than desired. Capacity utilization among manufacturers has also edged lower over this time frame, down 77.8 percent in July to 77.2 percent in October.
Visit http://www.shopfloor.org/2014/11/industrial-production-disappoints-in-october/32552 to view the full article online.
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The Tampa TribuneOfficials from Pasco, Pinellas and Hernando, counties kicked off the Tampa Bay Advanced Manufacturing Skills Initiative, Florida’s first apprenticeship program based on the German model for workforce training. The program will have five Industry Certified Training Centers, three in Pinellas and one each in Pasco and Hernando.
Visit http://tbo.com/pasco-county/partnership-to-boost-manufacturing-20141114/ to view the full article online.
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ShopfloorThe global economy has seen its share of challenges this year. These include deflationary worries in Europe, decelerating growth in China and declining activity in South America, among others. Along those lines, the Bank of Japan announced on October 31 that it would increase the amount of its monthly asset purchases, stepping up its quantitative easing program in an effort to spur faster growth. As we noted in last month’s report, the United States fares pretty well in comparison.
Visit http://www.shopfloor.org/2014/11/global-manufacturing-economic-update-november-14-2015/32530 to view the full article online.
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Aerospace Manufacturing and DesignFurther expanding company founder Soichiro Honda's dream of providing new and exciting ways to enhance mobility, Honda Aero Inc. celebrates the first production launch of its new HF120 turbofan engine completed at its new, state-of-the-art production facility in Burlington, North Carolina.
Visit http://www.onlineamd.com/honda-aero-jet-engine-production-111414.aspx#.VGoqN_nF_QM to view the full article online.
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