Moneycontrol.comChina's HSBC Final manufacturing PMI fell to its lowest levels in last one year at 48.9 levels in April, well below the expectation of 49.4 and down from 49.2 levels in March; below 50.0 levels indicates slow down in industrial growth. China is the biggest consumer of metals. Industrial demand and investment activity growth will likely stay on a relatively subdued path which will further dampen the demand for metals.
Visit http://www.moneycontrol.com/news/rupee/divergence-between-china%E2%80%99s-manufacturingmetal-index_1375963.html to view the full article online.
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Market RealistWhen manufacturing expands, it’s a positive indicator for overall economic growth. Generally, it results in positive GDP (gross domestic product) growth. Banking sector companies—like JPMorgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), and Bank of America (BAC)—and ETFs like the Financial Select Sector SPDR ETF (XLF) will benefit from a growing economy.
Visit http://marketrealist.com/2015/05/manufacturing-sector-grows-april-will-banks-gain/ to view the full article online.
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Knowledge @ WhartonThere’s been a flurry of news reports suggesting that U.S. corporations are bringing overseas manufacturing back to the United States, notably from China. The reason for the reshoring: As labor costs rise in China and other emerging markets, the advantages of lower wages recede. But new research by Morris Cohen, a Wharton professor of operations and information management, and Hau L. Lee at Stanford, shows the reality is more complicated.
Visit http://knowledge.wharton.upenn.edu/article/offshoring-gets-a-rethink/ to view the full article online.
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3DPrint.comWhen it comes to manufacturing components within the aerospace industry, 3D printing is gradually inching its way into the process. We have seen numerous applications for end-use 3D printed parts by space agencies such as NASA as well as aircraft manufacturers such as Boeing and Airbus.
Visit http://3dprint.com/63169/airbus-a350-xwb-3d-print/ to view the full article online.
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WHIOState officials announced a $1.5 million award from the Ohio Development Services Agency to help make Ohio manufacturers more competitive in the aerospace industry. Representatives from Airbus, JobsOhio, the National Composite Center and the University of Dayton Research Institute were among those scheduled to attend the announcement event at UDRI’s River Campus facility in Dayton.
Visit http://www.whio.com/news/news/region-awarded-15m-for-aerospace-manufacturing/nk87X/ to view the full article online.
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Want China TimesThe Chinese government sees industrial cooperation with other countries as one of the nation's most important agendas, with the cabinet issuing a policy guideline on Wednesday to encourage competent domestic sectors, including railways, electric power, telecommunications, construction and machinery to expand overseas.
Visit http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20150508000073&cid=1202 to view the full article online.
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ABL AdvisorVarious economic factors have contributed to a resurgence in U.S. manufacturing, including greater access to credit, rising labor costs overseas and productivity improvements in the US. The result is that manufacturing output per U.S. employee hour has more than doubled over the past two decades. The manufacturing sector now has a strong long-term outlook with a rapidly shrinking cost differential between overseas manufacturers such as China, a chief competitor.
Visit http://www.abladvisor.com/news/6969/study-opportunities-and-challenges-for-small-midsized-manufacturing-businesses to view the full article online.
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Science DailyWind turbines deliver environmentally friendly electricity. Yet the fiber-reinforced plastics often used in very large rotor blades are almost impossible to recycle. Not so with steel blades: since these are composed of steel, their recyclability exceeds 90 percent. Plus they cost significantly less than comparable plastic blades.
Visit http://www.sciencedaily.com/releases/2015/05/150507081946.htm to view the full article online.
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FastCompanyA new study from consulting giant McKinsey says factories are the next fertile ground for the "Internet of things." The report, called Industry 4.0: How to Navigate a Changing Industrial Landscape, also says something intuitive: Over the next 10 years, factories and manufacturing facilities will worry less about buying new equipment and more about outfitting their spaces with an array of high-tech sensors and routers.
Visit http://www.fastcompany.com/3045978/fast-feed/the-future-of-manufacturing-sensors-3-d-printers-and-data-science to view the full article online.
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