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Manufacturing Business Technology Savvy manufacturers are always looking for ways to increase revenue and minimize costs. One of the biggest cost factors is taxes, but identifying all possible credits and deductions can be tricky. As 2018 begins, manufacturers concerned about 2017’s tax bill can jump-start the process of minimizing future tax costs by discussing their operations and strategy with their CPA.
Visit https://www.mbtmag.com/article/2018/02/8-tax-questions-every-manufacturer-should-ask-their-cpa to view the full article online. |
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Financial Times The Institute of Supply Management’s purchasing managers' index fell 0.2 percentage points to 59.1 in January from the previous month. That remains comfortably above the threshold of 50 that separates growth from contraction and means executives have reported the sector has been expanding for 17 months in a row. Visit https://www.ft.com/content/6ec08a90-0760-11e8-9650-9c0ad2d7c5b5 to view the full article online. |
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Engineering.com (Video) ‘Finding a needle in a haystack’ is the old idiom, and any industrial millwright or maintenance technician knows how it can apply to solving an unplanned downtime event.
Visit https://www.engineering.com/AdvancedManufacturing/ArticleID/16448/Video-How-IIoT-Analytics-Can-Locate-and-Help-Eliminate-Causes-of-Downtime-in-Your-Plant.aspx to view the full article online. |
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AGMA The 2018 Annual Meeting combines the expert knowledge of the gear and bearing industries with the latest emerging technologies that influence manufacturers and suppliers. More than 300 executives will gather in Naples, Florida this April, to experience the information-packed week full of top-tier speakers. Members will be connected to innovation and opportunities in the industry with potential to strengthen business connections and relationships. Join AGMA & ABMA for an event that is tailored directly for our members to address trends, successes and future possibilities.
Visit https://www.agma.org/events/agma-abma-annual-meeting/ to view the full article online. |
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Purdue University Researchers have demonstrated how to create a super-strong aluminum alloy that rivals the strength of stainless steel, and advance with potential industrial applications. Visit https://www.purdue.edu/newsroom/releases/2018/Q1/new-research-yields-super-strong-aluminum-alloy.html to view the full article online. |
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AGMA The Emerging Technology Committee highlights top articles from last week’s news including: • Perfecting 3D metal printing for manufacturing • IoT Hub produced a 3-part feature series this week • A new report on using AI and robotics to accelerate development times • You must plan well when bringing in automation Visit https://www.agma.org/resources/emerging-technologies/ to view the full article online. |
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NAM Manufacturing activity continued to expand solidly, even with the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index edging down from 59.3 in December to 59.1 in January. New orders increased at their fastest pace in 13 years in December, but that expansion slowed a little in January, down from 67.4 to 65.4. Nonetheless, it was the eighth consecutive month that the sales measure exceeded 60, which would signify robust growth in demand overall. Visit http://www.nam.org/Newsroom/eNewsletters/Monday-Economic-Report/2018/Monday-Economic-Report---February-5--2018/ to view the full article online. |
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Engadget The aerospace company envisions a future with autonomous passenger taxis. Visit https://www.engadget.com/2018/02/01/airbus-drone-taxi-first-test-flight to view the full article online. |
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AGMA Gain a better understanding of various types of gears and bearings. Learn about the limitations and capabilities of rolling element bearings and the gears that they support. Grasp and understand how to properly apply the best gear-bearing combination to any gearbox from simple to complex.
Visit https://www.agma.org/education/advanced-courses/2017-gearbox-csi/ to view the full article online. |
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3D Printing Industry European 3D printing for end-use production has a new business partner. CECIMO, the body behind Europe’s additive manufacturing strategy, has announced a new partnership with EPMA, the European Powder Metallurgy Association. Together, under a joint memorandum of understanding (MOU), the two organizations are aiming to promote the adoption of 3D printing throughout established manufacturing industries. Visit https://3dprintingindustry.com/news/additive-manufacturing-europe-boosted-cecimo-partnerhsip-128404/ to view the full article online. |
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Forbes Automation is already a popular manufacturing process, but with advances in AI and remote communication, this practice is likely to explode in the coming years. Automation in terms of manufacturing basically means taking rote tasks and designing a system that performs them in a fully automatic way. Visit https://www.forbes.com/sites/forbestechcouncil/2018/02/01/what-the-future-of-manufacturing-automation-could-look-like/#5a00827c6c9c to view the full article online. |
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Arabian Aerospace Liebherr-Aerospace is one of the world’s leading aerospace systems original equipment manufacturers (OEMs) with an unblemished reputation for quality. As this article states, this is much due to hard work, continuous investment and long-term vision. Visit http://www.arabianaerospace.aero/smiles-ahead---that-s-the-liebherr-motto.html to view the full article online. |
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MIT Technology Review In January, Google launched a new service called Cloud AutoML, which can automate some tricky aspects of designing machine-learning software. While working on this project, the company’s researchers sometimes needed to run as many as 800 graphics chips in unison to train their powerful algorithms. Visit https://www.technologyreview.com/s/610095/more-efficient-machine-learning-could-upend-the-ai-paradigm/ to view the full article online. |
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Reuters The euro zone’s booming manufacturing industry raced into 2018, churning out goods last month at one of the fastest paces in over 20 years, a survey showed, suggesting the economic recovery still has momentum. Visit https://www.reuters.com/article/us-eurozone-economy-pmi/euro-zone-manufacturing-boom-rolls-on-into-new-year-pmi-idUSKBN1FL4IN to view the full article online. |
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Manufacturing Business Technology (Video) This video takes a look at Asia's next generation of industrial robots, examining what they're capable of, and whether they’re friend or foe to low-skilled workers. Visit https://www.mbtmag.com/videos/2018/02/robot-revolution-new-age-manufacturing to view the full article online. |
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HP press release Portfolio expansion ignites new wave of voxel-level innovation with low cost HP Jet Fusion 300/500 series for functional parts in full color, black or white; Channel program evolution and new collaboration with Dassault Systèmes.
Visit http://www8.hp.com/us/en/hp-news/press-release.html?id=2549574#.Wnh3LejwY2w to view the full article online. |
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Control Design Machine builders leverage the ability to connect and collaborate across continents.
Visit https://www.controldesign.com/vendornews/2018/automation-rises-with-a-global-focus/ to view the full article online. |
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Bloomberg Technology Over decades, Toyota Motor Corp. built a corporate culture that was the envy of the manufacturing world. Now the auto industry’s most emulated company is overhauling the way it brings its vaunted production system to every corner of the business.
Visit https://www.bloomberg.com/news/articles/2018-02-04/toyota-s-way-changed-the-world-s-factories-now-comes-the-retool to view the full article online. |