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Bloomberg Treasuries fell after a U.S. manufacturing gauge climbed to the highest since 2015, bolstering the Federal Reserve’s case to raise interest rates this year.
Visit http://www.bloomberg.com/news/articles/2016-10-24/treasuries-fall-as-manufacturing-gauge-climbs-to-one-year-high to view the full article online. |
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National Association of Manufacturers As expected, manufacturing production rebounded slightly in September, up 0.2 percent, after declining 0.5 percent in August. Even with a gain for the month, activity in the sector continues to be weaker than desired. Along those lines, manufacturing production was flat on a year-over-year basis, with essentially stagnant growth across the past seven months. Manufacturers have struggled in their ability to increase demand, including exports, with ongoing economic and political uncertainties dampening growth.
Visit http://www.nam.org/Newsroom/eNewsletters/Monday-Economic-Report/2016/Manufacturing-Economic-Report/ to view the full article online. |
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Wall Street Journal The dollar ticked higher Monday as strong manufacturing data and comments from Federal Reserve officials fueled bets on higher U.S. interest rates. The WSJ Dollar Index, which measures the U.S. currency against 16 others, was up 0.1 percent to 88.61. The dollar rose against the Japanese yen but remained weaker against many emerging-market currencies.
Visit http://www.wsj.com/articles/dollar-rises-after-manufacturing-report-1477320200 to view the full article online. |
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Business Insider US manufacturers had a strong start to the fourth quarter and are looking forward to the end of the presidential election, according to Markit Economics' preliminary report on the sector for October.
Visit http://www.businessinsider.com/markit-flash-manufacturing-pmi-october-2016-2016-10 to view the full article online. |
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VentureBeat Chicago startup InContext Solutions has raised $15.2 million from Intel Capital and others to create virtual reality solutions for retailers and manufacturers.
Visit http://venturebeat.com/2016/10/24/incontext-raises-15-2-million-for-virtual-reality-for-retailers-and-manufacturers/ to view the full article online. |
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Duluth News Tribune Just as he has spent decades working with his hands, Mike Ossanna uses them to show how much has changed on the floor of Northern Engineering in Superior. For manufacturing employees, it’s not the product but the process that has evolved the most, causing an old profession to be in need of new skills.
Visit http://www.duluthnewstribune.com/business/4143090-northland-employees-need-updated-skills-new-manufacturing-reality to view the full article online. |
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Caterpillar press release Caterpillar Inc. (NYSE: CAT) today announced profit per share of $0.48 for the third quarter of 2016, a decrease from $0.94 per share in the third quarter of 2015. Excluding restructuring costs, profit per share was $0.85, down from $1.05 per share in the third quarter of 2015. Third-quarter 2016 sales and revenues of $9.2 billion were down 16 percent from $11.0 billion in the third quarter of 2015.
Visit http://www.caterpillar.com/en/news/corporate-press-releases/h/caterpillar-inc-third-quarter-2016-results.html?sf50428433=1 to view the full article online. |
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Engineering.com On this year’s Manufacturing Day–which officially took place on October 7–two Manufacturing USA institutes, LIFT (Lightweight Innovations For Tomorrow) and IACMI (Institute for Advanced Composites Manufacturing Innovation), celebrated with a major investment.
Visit http://www.engineering.com/AdvancedManufacturing/ArticleID/13489/Manufacturing-Research-and-Education-Facility-Gets-50-Million-Facelift.aspx to view the full article online. |
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IUPUI Newsroom Hoosier manufacturers, which represent the largest industry in the state, are bullish on the future even as financial performance markers are diminishing from the impressive rates seen early in the decade, according to the 2016 Indiana Manufacturing Survey: Roadblocks to Prosperity.
Visit http://news.iupui.edu/releases/2016/10/indiana-manufacturing-survey-kelley.shtml to view the full article online. |
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Composites World Siemens’ (Berlin and Munich) product lifecycle management (PLM) business announces a new comprehensive additive manufacturing solution, which will begin rolling out in January 2017. The solution is comprised of integrated design, simulation, digital manufacturing, data and process management software. The integrated solution will use smart product models through all phases without the need for conversion or translation between applications or processes.
Visit http://www.compositesworld.com/news/siemens-launches-new-end-to-end-additive-manufacturing-solution- to view the full article online. |
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Knoxville News Sentinel East Tennessee is fast becoming a center for advanced manufacturing, and an announcement last week adds momentum to the effort. Lockheed Martin, Ford Motor Co. and DowAksa have followed through on pledges of $5 million each over five years to support the Institute for Advanced Composites Manufacturing Innovation.
Visit http://www.knoxnews.com/story/opinion/editorials/2016/10/23/composites-leading-way-manufacturings-future-et/92464378/ to view the full article online. |
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Forbes In my last post on robots as agents of change, I looked at the ways in which collaborative robots are changing industrial automation. But changing automation is only the beginning. Robots will transform manufacturing in ways that have not been seen since the last industrial revolution. And they will do more than just play a part in the changes that are coming. They will, in many ways, be the catalysts and enablers of a new age in manufacturing: the agile factory.
Visit http://www.forbes.com/sites/jimlawton/2016/10/18/robots-with-grit-redefining-manufacturing/#4703b934e552 to view the full article online. |
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IndustryWeek Emerson Process Automation Executive President Mike Train says that companies that invest in advanced automation and follow industry best practices can realize the kinds of significant savings that will make the investment in new technologies pay off. In fact, companies can achieve improved earnings of up to 15% through new technology and improved operating practices, Train told the Emerson Global Users Exchange in Austin, Texas.
Visit http://www.industryweek.com/operations/emerson-operational-excellence-offers-path-new-technologies to view the full article online. |
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Crain’s Cleveland Business Independence-based trade association Precision Metalforming Association has cast its gaze beyond supporting just its members in recent years, starting efforts to better support women and, now, young professionals in manufacturing at large. In 2011, the association started Women in Manufacturing to support women working in the industry that has traditionally been dominated by men; it has now become its own trade association. This past summer, PMA started a new group for millennials and Gen Xers working in or considering a career in manufacturing. The group, called MFG NXT, is aimed at all manufacturers — not just metalformers.
Visit http://www.crainscleveland.com/article/20161022/NEWS/161029955/trade-group-looks-to-connect-manufacturings-next-generation to view the full article online. |
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IndustryWeek My previous column ("Next Generation Lean: Lean Processes Need to Continuously Improve") laid out the premise that there is a significant disconnect between Lean results, namely that while there are a large number of successful Lean transformation case studies, the greater percentage of companies that experiment with Lean are not satisfied with the results.
Visit http://www.industryweek.com/lean-six-sigma/how-get-next-generation-lean-back-focus to view the full article online. |
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Star Tribune Raytheon Co. says that if it gets an Air Force contract to build 350 training jets, its assembly plant will be in Mississippi. The Waltham, Massachusetts-based company announced Monday that it has a shovel-ready site in Meridian.
Visit http://www.startribune.com/if-raytheon-gets-jet-contract-assembly-plant-in-meridian/398257171/ to view the full article online. |
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Manufacturing Business Technology (VIDEO) Researchers from Georgia Tech say a newly developed metal treatment process could lead to significantly more efficient industrial equipment. In their recent study, engineers tested a method of blasting cast iron blocks with a mix of copper sulfide and aluminum oxide particles. The process resulted in chemical changes to the metal's surface that improved its ability to bond with oil molecules.
Visit http://www.mbtmag.com/videos/2016/10/mm-making-more-efficient-engine to view the full article online. |
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Mining.com SpaceX chief executive Elon Musk, who last month revealed details of his ambitious plans to get at least a million people to Mars, said mining robots will be a key part of the planned colonization of the red planet.
Visit http://www.mining.com/mining-robots-key-to-colonizing-mars-elon-musk/ to view the full article online. |
