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Reuters
U.S. manufacturing output recorded its largest increase in nine months in November as production expanded across the board, pointing to underlying strength in the economy. Factory production increased 1.1 percent last month after an upwardly revised 0.4 percent advance in October, the Federal Reserve said on Monday. Visit http://www.reuters.com/article/2014/12/15/us-usa-economy-output-idUSKBN0JT1IE20141215 to view the full article online. |
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Cincinnati Business Courier
An auto parts manufacturer is proposing a huge improvement for its facility in Florence and the addition of 170 jobs. Eagle Manufacturing Co. LLC, part of Ontario, Canada-based Linamar Corp., proposed to invest more than $35 million in the project, according to a report released by the Kentucky Economic Development Finance Authority. The manufacturer would either extend its lease or buy its facility in Florence. Visit http://www.bizjournals.com/cincinnati/news/2014/12/11/auto-parts-manufacturer-eyes-35-million-project.html to view the full article online. |
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FOX Business
New York manufacturers say business activity shrank for the first time in nearly two years, according to the Federal Reserve Bank of New York's Empire State Manufacturing Survey released Monday. The Empire State's business conditions index tumbled to -3.58 in December from 10.16 in November. Visit http://www.foxbusiness.com/economy-policy/2014/12/15/new-york-manufacturing-activity-unexpectedly-contracts-in-december/ to view the full article online. |
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Clean Technica
New analysis from Navigant Research has shown that global wind turbine manufacturing capacity has far surpassed global demand, providing flexibility, choice, and cost control. "Oversupply is allowing wind turbine manufacturers to more easily adjust what components they produce in-house, what is outsourced, and when a blend of both is advantageous for cost, technological, or geographic reasons," says Jesse Broehl, senior research analyst with Navigant Research. Visit http://cleantechnica.com/2014/12/09/global-wind-turbine-manufacturing-capacity-now-exceeds-demand/ to view the full article online. |
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IndustryWeek
President Obama announced on Dec. 11 that the government will invest more than $290 million in public-private investment for two new Manufacturing Innovation Hub Competitions. Each institute will receive $70 million or more of federal investment to be matched by at least $70 million from the private sector for a total of more than $290 million in new investment. Visit http://www.industryweek.com/innovation/us-get-two-new-manufacturing-hubs-smart-manufacturing-and-flexible-hybrid-electronics to view the full article online. |
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New Haven Register
The executive director of a regional manufacturing trade group is lauding a new state matching grant voucher program for small firms. Jerry Clupper of the New Haven Manufacturers Association said the $3.5 million grant voucher program, part the new Connecticut Manufacturing Innovation Fund, is the first release from a $30 million pool established during the 2014 legislative session. Visit http://www.nhregister.com/business/20141209/connecticut-grant-program-aids-small-manufacturing-firms to view the full article online. |
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Manufacturing.net
A PwC US report, titled "Shale Gas: Still a Boon For U.S. Manufacturing?" studied key areas such as cost savings, and estimated that the "shale effect" could save U.S. manufacturing $22.3 billion annually by 2030, assuming a high natural gas recovery and low-price scenario. Visit http://www.manufacturing.net/articles/2014/12/shale-a-game-changer-for-us-manufacturing to view the full article online. |
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The Economic Times
At a time when the country is focused on e-commerce and information technology (IT), Prime Minister Narendra Modi's call for 'Make In India' has created ripples in Indian manufacturing circles. Indian manufacturers are getting ready for the big opportunity that may come their way and are adopting sustainable business practices that could put them in a better position at a world stage. Visit http://economictimes.indiatimes.com/industry/auto/news/industry/make-in-india-will-revive-manufacturing-sector-growth/articleshow/45517786.cms to view the full article online. |
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TheNorthwestern.com
Some companies in need of welders, machinists and other skilled workers are now targeting women, who account for nearly half of the U.S. workforce but hold less than a third of the nation’s 12.2 million manufacturing jobs, according to the U.S. Bureau of Labor Statistics. Visit http://www.thenorthwestern.com/story/money/2014/12/11/women-manufacturing-wisconsin-jobs-labor-gender-training/20270055/ to view the full article online. |
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Engineering.com
Two important metrics tracking the health of the U.S. manufacturing sector have diverged wildly in October. The two statistics, manufacturing technology orders and cutting tool consumption, normally track together in either a growth or a recessionary economy. What's going on? Visit http://www.engineering.com/AdvancedManufacturing/ArticleID/9163/US-Manufacturing-Tech-Orders-Dive-Yet-Tool-Orders-SoarWhat-Does-it-Mean.aspx to view the full article online. |
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Business Insider
Manufacturing activity in New York fell off a cliff in December. The latest Empire State manufacturing report from the New York Federal Reserve came in at -3.6. Visit http://www.businessinsider.com/empire-state-manufacturing-report-december-15-2014-12 to view the full article online. |
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Automotive News
BMW's manufacturing division not only builds great cars -- it also produces the company's future leaders. With the appointment of Harald Krueger as CEO to succeed Norbert Reithofer, BMW builds on its tradition of appointing manufacturing experts from within the company to the top job. Visit http://www.autonews.com/article/20141209/BLOG06/312099956/bmws-manufacturing-arm-also-produces-future-leaders to view the full article online. |
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IndustryWeek
U.S. auto giant General Motors will invest $3.6 billion over four years to expand and modernize four plants in Mexico, the company said Thursday. With this investment, GM will have spent $5 billion in Mexico between 2013 and 2018, generating 5,600 direct and 40,000 indirect jobs. Visit http://www.industryweek.com/global-economy/gm-plans-36-billion-expansion-mexico-operations to view the full article online. |
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Manufacturing.net
The most recent push to boost U.S. exports has been underway since 2010, when the International Trade Administration’s National Export Initiative (NEI) was unveiled. Since its launch, the NEI has helped thousands of businesses enter the international trade arena, and the U.S. has seen a steady growth in total exports. Visit http://www.manufacturing.net/articles/2014/12/a-global-path-forward-for-small-medium-sized-us-manufacturers to view the full article online. |
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Manufacturing.net
Oilfield services company Baker Hughes Inc. says the number of rigs exploring for oil and natural gas in the U.S. fell by 27 this week to 1,893. Visit http://www.manufacturing.net/news/2014/12/us-rig-count-down-to-1893 to view the full article online. |
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Manufacturing.net
As business competition intensifies worldwide, it becomes ever more challenging to improve gross margins and operating profits. Because the Internet provides the ability to obtain comparative pricing on a global basis, supply chain organizations (SCOs) are increasingly pressured to pinpoint the best supplier options while still managing and ultimately driving down costs. Visit http://www.manufacturing.net/articles/2014/12/design-for-manufacture-better-information-better-pricing to view the full article online. |
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IndustryWeek
In a move to strengthen its global position to capture increasing demand for advanced jet engine components made of titanium, Alcoa will acquire Germany-based TITAL. Visit http://www.industryweek.com/supply-chain/alcoa-expands-titanium-aerospace-components-acquires-tital to view the full article online. |
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IndustryWeek
It's that time of year again, when we take a look back at the most innovative, real-world applications of supply chain technology and processes. From 3-D printing, to a location-based inventory system, to shifting transportation routes, to omni-channel strategies within the warehouse, we offer up 10 examples of best-in-class supply chain management. Visit http://www.industryweek.com/supply-chain/ten-most-innovative-supply-chains-2014#slide-0-field_images-155531 to view the full article online. |
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Aerospace Manufacturing and Design
Dallas-based Prime Turbines signed an agreement with GE Aviation to become a Designated Repair Center for M601 and H Series engine operators in the Americas. Under this agreement, Prime Turbines will offer heavy repair services, engines rentals, line replacement unit rotable pools, and field service support to all existing and future M601 and H80 engines. GE Aviation will provide OEM parts to meet Prime Turbine's needs. Visit http://www.onlineamd.com/ge-prime-turbines-repair-center-121114.aspx#.VI8HHzHF_QM to view the full article online. |
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Manufacturing.net
Where will the trends take us in 2015? In the coming year, expect manufacturing to continue to be a bright spot — and potential lifesaver — for the U.S. economy. Here, see five predictions for 2015 and beyond. Visit http://www.manufacturing.net/articles/2014/12/top-5-trends-for-plastic-manufacturers-in-2015 to view the full article online. |
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Business Wire
Located in Houston, Texas, Intellifuse leverages its advanced carbide-based proprietary coating technology to deliver high-quality radial bearings, pads and other wear products. The addition of radial bearings to the H-D product portfolio is expected to complement the existing thrust bearings currently offered by iMECH. Both of these products are incorporated into the downhole drilling motors used by industry leading oil and gas companies and will operate out of a new, technologically advanced facility in Houston, Texas. Visit http://www.businesswire.com/news/home/20141210005421/en/H-D-Advanced-Manufacturing-Acquires-Intellifuse-Technologies-LLC#.VI9G-ivF98E to view the full article online. |
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WCPO
Dozens of jobs are coming to Northern Kentucky as an Italian-based company launches its first manufacturing line in the United States. The Bonfiglioli company has had offices in Hebron for seven years and is expanding once again. Its new manufacturing line will make gears for wind towers and other devices. Visit http://www.wcpo.com/news/local-news/boone-county/hebron/bonfiglioli-launches-manufacturing-line-in-hebron to view the full article online. |
