Manufacturing 364 results

Weekly Wrap Up for July 14th, 2017

Co-hosts Lew Weiss and Tim Grady interview Anthony Nieves, Committee Chair for the ISM’s Non-Manufacturing Report on Business(R) that has surged upward to 57.4 on strong new orders, production and business activity. Coupled with the strength in the 57.8 Manufacturing Report on Business(R) discussed last week, the summer could be on of the strongest in the last decade for U.S. business ...

G-20: Global Leaders Reach an Agreement on Steel

Leaders at the Group of 20 (G-20) Summit have come to an agreement to address the overcapacity and incredibly low prices currently overtaking the global steel market. This comes in the wake of the Trump Administration threatening to impose disciplinary tariffs on offending countries, whether they are allies or not. After hours worth of meetings, officials representing the U.S. managed to ...

U.S. Military Takes 3D Printing Seriously: Budget Expanded

The U.S. military is known for stimulating many important manufacturing sectors domestic and abroad. Big machinery, weapon systems and infrastructure all require businesses to design, develop and manufacture these products. Now, the latest military budget for 2018, the National Defense Authorization Act (NDAA), was proposed and the $639.1 billion budget includes an increased spending on 3D ...

The MFG Talent Summit: Leading Manufacturers Collaborate to Close the Skills Gap

It’s no secret that the manufacturing industry is currently in the midsts of a skills gap and most manufacturers agree that something needs to be done. Without a proper system in place, everyone throughout the industry will start to feel the effects of this growing workforce shortage. To address the issue, a few key organizations have been founded on spreading the truth to the nation’s youth ...

The Paris Air Show: Manufacturing Outlook

The Paris Air Show wrapped up on June 23rd but new details are just starting to emerge. One of the largest takeaways from this years event was the fact that it saw lower orders than in the past, but a robust aircraft backlog is contributing to longer-term industry engine orders. The backlog continues to accelerate at a rapid pace but some are still concerned over this recurring downturn in new ...

G20 Summit Underway: Steel Tariffs Keep Tensions High

The G20 Summit, taking place in Hamburg, Germany is underway and one of the main topics of discussion could have a dramatic impact on the U.S. manufacturing industry and economy as a whole. Tariffs or quotas on imported steel from the EU have the countries on edge, poised to take immediate action. EU officials have started putting together a list of U.S. goods that could be the target for ...

Weekly Wrap Up for July 7th, 2017

Tim Fiore, Committee Chair for the ISM’s Manufacturing Report on Business(R) and Dr. Chris Kuehl, economist with FMA International, join co-hosts Lew Weiss and Tim Grady to discuss the direction and meaning of the numbers behind the numbers with the PMI at 57.8 and the CMI at 56.1 for June 2017. These are very strong and solid numbers for manufacturing, and coupled with the non-manufactur...

How to Protect your Manufacturing Business from Ransomware

Manufacturing is moving into the digital age quickly and this means the threat of a cyber attack is growing just as swiftly. Unfortunately when a business in any industry gets hit with a cyber attack it causes unplanned downtime that costs tons of money and could ultimately cripple a company. Currently, the most popular form of cyber attack is ransomware and it isn’t just the big manufacturers ...

Volvo Phases Out Combustion Engine: Manufacturing Takes A Dramatic Shift

For the first time a traditional vehicle manufacturer is beginning to completely phase out conventional combustion engines. Volvo said all new models will include an electric motor from 2019-2021. Five fully economic models are expected to be produced as well as a range of hybrid vehicles. However, Volvo will still be manufacturing earlier models that include combustion engines. Manufacturers ...

Marc Benioff Makes A Push For Apprenticeship Programs

Marc Benioff, Salesforce CEO has big plans for the future and has his sights set on American job growth and new training programs. Part of the Trump administrations American Technology Council, he has been a major proponent of apprenticeship programs. He want’s to see a program put into place to help create millions of American jobs. President Trump reportedly agreed with Benioff and was ...