AGMA Gear Industry News

American Gear Manufacturers Association

McInnes Rolled Rings
The Australian
The Australian Industry Group's Performance of Manufacturing Index (PMI) rose 4.3 points to 52.3 in May, with the result indicating an expansion in manufacturing activity. Ai Group chief executive Innes Willox said the lower Australian dollar is helping the manufacturing sector recover some of the lost ground of recent years.

Visit http://www.theaustralian.com.au/news/latest-news/manufacturing-acitivity-bounces-in-may/story-fn3dxity-1227377761772 to view the full article online.

 
The Wall Street Journal
Rising demand and an increasing backlog of unfilled orders augur well for the nation’s factories this quarter, according to data released Monday by the Institute of Supply Management.

Visit http://www.wsj.com/articles/u-s-manufacturing-continues-to-expand-pmi-report-says-1433167964 to view the full article online.

 
The New York Times
The Institute for Supply Management, a trade group of purchasing managers, said on Monday that its manufacturing index rose to 52.8 last month from 51.5 in April. That is the highest reading since February. A reading above 50 signals expansion.

Visit http://www.nytimes.com/2015/06/02/business/economy/manufacturing-growth-speeds-up-for-first-time-in-6-months.html?_r=0 to view the full article online.

 
Machine Tool Builders
United Tool Supply
Gleason Corporation
DixiTech CNC
SIPCO
The Progress-Index
Gov. McAuliffe has announced a new workforce program to get active-duty soldiers and veterans ready for careers in advanced manufacturing, and Fort Lee soldiers will be among the first eligible.

Visit http://www.progress-index.com/article/20150528/NEWS/150529721 to view the full article online.

 
timesunion.com
U.S. Secretary of Labor Thomas E. Perez is scheduled Thursday to join Gov. Dannel P. Malloy, Sens. Richard Blumenthal and Chris Murphy and Rep. Joe Courtney at Electric Boat in Groton. They will meet with business leaders, educators, advocates and government officials about training workers for science, technology, engineering and mathematics jobs in eastern Connecticut.

Visit http://www.timesunion.com/news/article/US-labor-chief-to-talk-up-manufacturing-jobs-in-6291160.php to view the full article online.

 
ABC News
China's factory activity remained subdued last month with both export demand and employment contracting, according to an official survey Monday that adds pressure on Beijing for more economic stimulus.

Visit http://abcnews.go.com/International/wireStory/surveys-show-chinese-manufacturing-remained-weak-31434880 to view the full article online.

 
SCOT FORGE
The AGMA Foundation is looking for qualified applicants for its 2015 Scholarship Awards! Please make sure your employees, children, interns, etc; are aware of this exciting opportunity. Four outstanding engineering students each received a $5,000 scholarship in 2014, the Foundation hopes to award more scholarships this year. For more details, please visit the Foundation website at www.agmafoundation.org.

Visit www.agmafoundation.org to view the full article online.

 
The Dallas Morning News
Texas manufacturing activity fell again in May because of the oil industry slowdown, weaker exports and bad weather, according to a survey released Tuesday by the Federal Reserve Bank of Dallas.

Visit http://www.dallasnews.com/business/headlines/20150526-texas-manufacturing-declined-again-in-may.ece to view the full article online.

 
BBC
Manufacturing growth picked up slightly in May, a survey has indicated, with a strong domestic market helping to offset weak overseas demand.

Visit http://www.bbc.com/news/business-32951546 to view the full article online.

 
All Metals & Forge Group, LLC
Milwaukee Business Journal
The Oilgear Co., which has produced pumps, hydraulic systems and other power equipment in Milwaukee for 94 years, will shut down its manufacturing operation and eliminate 45 jobs for laborers, assemblers and machinists, a company official said Tuesday.

Visit http://www.bizjournals.com/milwaukee/news/2015/05/26/oilgear-co-ending-manufacturing-work-in-milwaukee.html to view the full article online.

 
Crain’s Detroit Business
The supplier tore down seven of its nine plants on its Detroit campus in 2013 and sold the land to Industrial Reality Group. American Axle now is working with the firm to entice one or more other suppliers to bring manufacturing operations to the extra 192 acres of land, American Axle spokesman Chris Son said in an interview.

Visit http://www.crainsdetroit.com/article/20150529/NEWS/150529794/american-axle-in-talks-with-potential-manufacturing-tenants-for to view the full article online.

 
The Star Online
Higher growth in the global electricity demand in the next decade is expected to lead to a stronger outlook in the power generation business scene, say industry experts.

Visit http://www.thestar.com.my/Business/Business-News/2015/05/30/Powered-by-GE/?style=biz to view the full article online.

 
Sandvik Cormant Co.
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
USA Today
Singapore Airlines says it has launched an investigation after one of its widebody jets temporarily lost power to both its engines on a flight from Singapore to Shanghai. The flight's pilots were able to regain altitude after reportedly descending 13,000 feet and the flight continued safely on to its final destination.

Visit http://www.usatoday.com/story/todayinthesky/2015/05/27/singapore-airlines-investigates-engine-problem-during-flight/28001741/ to view the full article online.

 
Mining.com
Romania’s National Agency for Mineral Resources has granted Canadian explorer Carpathian Gold Inc. (TSX:CPN) a 20-year mining license for its Rovina Valley gold and copper project, strategically located about 20 km west of Gabriel Resources’ (TSX:GBU) debated Rosia Montana.

Visit http://www.mining.com/romania-opens-door-to-new-gold-copper-project-led-by-canadians/ to view the full article online.

 
Carl Zeiss Industrial Metrology
Rave Gears, LLC
GERB Vibration Control Systems, Inc.
Manufacturing.net
The Detroit-based automaker announced Thursday that the shift will resume in late summer at the Lansing Grand River Assembly Plant. The sixth-generation Camaro was introduced earlier this month.

Visit http://www.manufacturing.net/news/2015/05/gm-adding-shift-upgrading-michigan-plant-that-makes-camaro-0 to view the full article online.

 
Manufacturing.net
The report conducted by the University of Tennessee's Center for Business and Economic Research was released Wednesday and estimates the factory could add $370 million in new annual income once the expanded production is underway.

Visit http://www.manufacturing.net/news/2015/05/vw-study-says-tennessee-plant-expansion-could-create-10k-jobs to view the full article online.

 
Cincinnati Gearing Systems Inc.
IndustryWeek
Scientists on Wednesday said they had created a small robot that can recover from damage, in a step towards machines that mimic the remarkable adaptive powers of humans and animals.

Visit http://www.industryweek.com/technology/robot-heal-thyself-machines-recover-damage to view the full article online.

 
BBC
Nestled in the cavernous former site of Republic Windows, where over 200 workers staged a sit-down strike in 2008 to protest against the window manufacturer's decision to shut the plant, around three dozen people are working on an initiative that could transform the future of US manufacturing.

Visit http://www.bbc.com/news/business-32925287 to view the full article online.

 
Cincinnati Gearing Systems Inc.
newKerala.com
After setting up units in India for wings, doors and beams for aircraft, a host of global aviation giants are pursuing facilities in the country to serve an industry, seen needing 1,400 new aircraft by 2020, says Civil Aviation Minister Ashok Gajapathi Raju.

Visit http://www.newkerala.com/news/2015/fullnews-64636.html to view the full article online.

 
Bloomberg
When Kislay Pankaj graduated from one of the Indian Institutes of Technology in 2013, he thought about getting a master’s in engineering in the U.S. His parents urged him to join the Indian Administrative Service and eventually become a top civil servant. Instead, Pankaj ignored both well-worn paths to success, turned down an offer from an Internet company, and took a job at a manufacturing startup.

Visit http://www.bloomberg.com/news/articles/2015-05-28/young-indian-engineers-turn-to-manufacturing to view the full article online.

 
Specialty Steel Treating, Inc.
AL.com
WSFA-TV reported Wednesday that Korens Inc. is looking to create 200 jobs in Alexander City by the end of 2019 and 400 positions by the end of 2021. Alexander City is roughly 55 miles northeast of Montgomery.

Visit http://www.al.com/business/index.ssf/2015/05/auto_parts_manufacturer_korens.html to view the full article online.

 
Renewable Energy Magazine
The Simões Filho plant is already producing 3 MW wind turbines for the Brazilian market and has a production capacity of 100 turbines per year (300 MW). This can be increased to 200 units (600 MW) depending on demand. The facility has created 150 direct jobs so far with another 500 indirect jobs. Among its products are the hubs that the company previously produced at a nearby location.

Visit http://www.renewableenergymagazine.com/article/acciona-opens-wind-turbine-plant-in-brazil-20150528 to view the full article online.

 
EBR
Sener-led consortium has awarded a contract to Siemens to deliver two SGT6-8000H gas turbines and two SGen-2000H generators for the 770MW Empalme I combined cycle power plant (CCPP) in Sonora, Mexico.

Visit http://www.energy-business-review.com/news/siemens-to-provide-gas-turbines-and-generators-for-770mw-mexican-power-plant-290515-4588842 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
www.agma.org