AGMA Gear Industry News

American Gear Manufacturers Association

McInnes Rolled Rings
Forbes
If nearly everything we use today, from baby bottles to computers, is made in China, why would a young, talented student choose to study manufacturing? And why should U.S. colleges and universities be concerned about improving manufacturing education?

Visit http://www.forbes.com/sites/mariaklawe/2015/06/08/why-manufacturing-is-vital-to-engineering-education/ to view the full article online.

 
Register for an education course and you’ll receive a complimentary pass to the exhibit hall. Bring colleagues along to qualify for group pricing and benefits.

Visit http://www.gearexpo.com/education/ to view the full article online.

 
Manufacturing.net
Employers added 280,000 jobs — a surprisingly robust total at a time when consumers are hesitant to spend and the economy appears less than fully healthy. Some key industries, from energy to manufacturing, have been struggling. And economic troubles overseas have put investors on edge.

Visit http://www.manufacturing.net/news/2015/06/5-reasons-why-us-employers-are-showing-confidence-in-economy-0 to view the full article online.

 
Machine Tool Builders
United Tool Supply
Gleason Corporation
DixiTech CNC
SIPCO
Florida Today
Taken from a survey published by the Women in Manufacturing community, "more than 80 percent of women in manufacturing reported that their work was interesting and challenging. So why aren't more women seeking the education, training and skill sets needed to work in manufacturing? It's all about misperceptions.

Visit http://www.floridatoday.com/story/money/small-business/entrepreneurship/2015/06/07/manufacturing-opportunities-women/28655379/ to view the full article online.

 
Manufacturing.net
According to the latest Manufacturing ISM Report On Business, May was the 72nd consecutive month for growth in overall economic activity and the 29th consecutive month to see expansion in economic activity in the manufacturing sector. A reading above 50 indicates general expansion, and this month the PMI registered at 52.8 percent.

Visit http://www.manufacturing.net/news/2015/06/ism-economy-well-positioned-for-continued-growth to view the full article online.

 
The Washington Post
No question the U.S. job market is percolating along at a good, solid clip. Last month’s 280,000 net new jobs is a welcome addition to a labor market that is clearly tightening up, and while unemployment ticked up a slight notch, from 5.4 to 5.5 percent, the increase was for the "right" reason: more people joining the labor force (and ftr, the increase — from 0.0544 to 0.0551 — was statistically insignificant).

Visit http://www.washingtonpost.com/posteverything/wp/2015/06/05/its-a-sold-job-market-but-theres-a-headwind-coming-from-the-strong/ to view the full article online.

 
SCOT FORGE
Want China Times
China's manufacturing business activity continued to improve in May, with an important index remaining in expansion territory, suggesting more policy easing in the coming weeks, official data showed on Monday.

Visit http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20150602000107&cid=1202 to view the full article online.

 
CBCNews
Canada's economy added 59,000 jobs last month, but the jobless rate stayed the same at 6.8 per cent because more people were looking for work.

Visit http://www.cbc.ca/news/business/canada-adds-59-000-jobs-in-may-1.3101712 to view the full article online.

 
BBC
Look away from the abandoned mills in Gary, Indiana, and draw your eye a little further south down the map of the state and you'll notice that there are factories in almost every industry imaginable, spread across Indiana's vast cornfields. It's not Michigan or Illinois or Ohio, but this relatively unassuming flyover state that has become the nation's leader in manufacturing.

Visit http://www.bbc.com/news/business-32925294 to view the full article online.

 
All Metals & Forge Group, LLC
MarketWatch
New orders were 1.4% higher on month in adjusted terms, surpassing median expectations of 0.5% growth in a Wall Street Journal survey of economists. On month, foreign orders grew by a robust 5.5%, with those from the eurozone rising by 6.8%. Non-eurozone foreign orders were up 4.7%, while domestic orders slipped 3.8%.

Visit http://www.marketwatch.com/story/german-manufacturing-orders-rise-on-foreign-demand-2015-06-05 to view the full article online.

 
Benzinga
Factories in China boast dormitories where workers can spend the night in order to put in more hours and low wages, which make the cost of production much cheaper for firms. However, as new technology makes its way into factories, many expect the playing field to be leveled.

Visit http://www.benzinga.com/news/15/06/5563272/manufacturing-is-getting-a-technology-makeover to view the full article online.

 
BusinessWire
GE has been selected to lead an effort to create a Digital Manufacturing Commons, or Digital Marketplace, which forms the "digital thread" that will connect and drive manufacturing supply chains in the future. The open source platform GE scientists are developing will build on the successful platform they demonstrated with DARPA and MIT a few years ago and which has been recognized as an outstanding innovation by top manufacturing leaders.

Visit http://www.businesswire.com/news/home/20150602006480/en/GE%E2%80%99s-Digital-Marketplace-Revolutionize-Manufacturing#.VXXHU89VhBc to view the full article online.

 
Sandvik Cormant Co.
Specialty Ring Products
ALD-Holcroft Vacuum Technologies Co., Inc.
Cambridge Times
According to the city’s director of economic development James Goodram, Shimco plans to construct a 20,000-square-foot building and hire 40 employees by early next year.

Visit http://www.cambridgetimes.ca/news-story/5659707-second-aerospace-parts-manufacturer-is-moving-to-cambridge-bringing-40-jobs/ to view the full article online.

 
Birmingham Business Journal
Korens Inc., which primarily supplies Hyundai, Kia and BMW, said it will bring hundreds of jobs to the area over the next few years, according to a report from WSFA.

Visit http://www.bizjournals.com/birmingham/morning_call/2015/06/auto-parts-manufacturer-to-bring-hundreds-of-jobs.html to view the full article online.

 
Carl Zeiss Industrial Metrology
Rave Gears, LLC
GERB Vibration Control Systems, Inc.
Today’s Zaman
In 2014, the size of the Turkish construction industry stood at around $75.8 billion, or around 9.4 percent of the country's $806.1 billion gross domestic product (GDP), one of the biggest in Europe, according to the Turkish Statistics Institute (TurkStat). The market size for power tools is an estimated $1.5 billion.

Visit http://www.todayszaman.com/business_tools-manufacturer-hilti-grows-with-turkish-building-boom_383306.html to view the full article online.

 
moneycontrol.com
NUM China has helped Betek to accelerate the development of a groundbreaking six-axis precision gear hobbing machine. By utilizing a direct-drive spindle and NUM’s ultra-precise electronic gearbox and renowned CNC gear hobbing technology, together with a unique HMI developed by a local specialist machine designer, the new Betek YK3132Z gear hobber provides unprecedented cutting speed and processing efficiency.

Visit http://www.moneycontrol.com/sme-stepup/news/radically_improved_gear_cutting_machine_developed-1400532.html to view the full article online.

 
Times Live
This year saw no companies in South Africa from the Top 40 list – "the first time a company from this traditional mining heavyweight has not been part of our analysis‚ and a far cry from the five companies included in our 2004 first edition of Mine‚" PwC said.

Visit http://www.timeslive.co.za/local/2015/06/04/South-Africa-falls-out-of-Top-40-mining-list to view the full article online.

 
Cincinnati Gearing Systems Inc.
Milwaukee Business Journal
The slow-down in coal and copper mining, combined with low commodity prices, dragged down sales of Joy Global Inc. mining equipment in the second quarter of 2015, the company said Thursday.

Visit http://www.bizjournals.com/milwaukee/news/2015/06/04/joy-global-buys-french-firm-reports-drop-in-sales.html to view the full article online.

 
The Wall Street Journal
Advances in sensors and low-cost wireless communications are allowing manufacturers to collect massive amounts of data about their equipment for years after it leaves their assembly lines. This big-data harvest is being analyzed, parsed and packaged into information that can predict when an office building’s air chiller will break down; explain why some excavators do more work than others; or identify when the roof of a coal mine is about to collapse.

Visit http://www.wsj.com/articles/big-data-gives-manufacturers-a-new-revenue-source-1433185734 to view the full article online.

 
Apex Tool Group, LLC
IndustryWeek
The OPEC cartel, which meets on output this week, appears to have changed its approach to U.S. shale oil -- which it now welcomes as part of the global energy landscape.

Visit http://www.industryweek.com/competitiveness/opec-changes-approach-us-shale-oil to view the full article online.

 
IndustryWeek
Smarter supply chains enabled by IoT can help manufacturers understand their demand and inventory better, accelerate innovation and improve quality.

Visit http://www.industryweek.com/supply-chain/internet-things-iot-opportunities-smarter-supply-chains to view the full article online.

 
Manufacturing,net
Researchers from Virginia Commonwealth University recently announced the successful synthesis of materials that could alleviate the need for rare earth metals from China.

Visit http://www.manufacturing.net/news/2015/06/newly-developed-material-could-reduce-dependence-on-chinese-metals to view the full article online.

 
Specialty Steel Treating, Inc.
Manufacturing Business Technology
Productivity fell at a 3.1 percent rate in the first quarter, a bigger drop than the 1.9 percent decline estimated a month ago, the Labor Department reported Thursday. Labor costs rose at a 6.7 percent rate in the first quarter, faster than 5 percent rise first estimated.

Visit http://www.mbtmag.com/news/2015/06/us-productivity-fell-first-quarter-while-labor-costs to view the full article online.

 
Aerospace Manufacturing and Design
A new white paper shows that a host of emerging technologies are converging on the shop floor to transform how things are made – from tracking products across a global supply chain to materials handling, shop safety and product quality.

Visit http://www.onlineamd.com/plex-state-manufacturing-technology-2015-060415.aspx#.VXXKFs9VhBc 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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