Manufacturing 634 results

Fiat Chrysler To Invest $4.5 Billion In Michigan

For the first time in a very, very long time a new auto assembly plant will be built in Detroit, a city that has seen more than its share of hard times. Fiat Chrysler America announced last week that they would be converting and expanding their Mack Avenue Engine factory to a full-fledged car factory to build their next-generation Jeep Grand Cherokee as well as a yet-to-be-named large SUV. The ...

Made In America Tax Break Encourages Manufacturers To Export

On Monday, March 4th the IRS announced new regulations that will allow companies to lower their export income tax from 21% to 13%. The new regulation addresses what is known as FDII (foreign derived intangible income) in an effort to encourage manufacturers to produce more products domestically. Under the rules, companies will pay almost the same tax on U.S. manufactured exports as they do on ...

Weekly Wrap Up for March 1st, 2019

Ultra Consultants, founded by CEO Jeff Carr, helps companies select and implement manufacturing ERP and distribution software across numerous verticals to improve their competitive position and overall business performance. Using Mint Jutras and lead researcher Cindy Jutras, an independent research and advisory firm that specializes in analyzing the business impact of enterprise applications, ...

End To Tariffs Appears Near As Trade Deal With China Looms

In typical fashion, President Trump announced via Twitter on Sunday evening that he would delay additional tariffs on Chinese goods. The tweet read, in part, “I am pleased to report that the U.S. has made substantial progress in our trade talks with China on important structural issues including intellectual property protection, technology transfer, agriculture, services, currency, and many ...

Weekly Wrap Up for February 22nd, 2019

Senior International Correspondent Norbert Ore joins hosts Lew Weiss and Tim Grady to discuss the Purchasing Manager’s Indexes he tracks for Strategas Securities, all of which are hovering around 50 with several dropping into contraction territory. The Trump tariffs have taken an adverse toll on economies in Asia, Europe, and the U.S. with only modest hope that tariffs will be lifted ...

Welding The Unweldable

AA7075 aluminum alloy is as fantastic as it is frustrating. Originally developed in secret by Sumitomo Metal during World War 2 for airframe construction, it’s unique properties make it as strong as steel at one-third the weight. The downside is you can’t weld two pieces of AA7075 together. Titanium carbide nanoparticles to the rescue. The unique properties that give AA7075 it’s combin...

Student-run Manufacturing Is Open For Business

Lion Manufacturing recently filled their first order, manufacturing radar support brackets to be used by the United States Navy. What makes this story interesting is the fact that Lion Manufacturing is owned and operated by high school students. Lion Manufacturing, at Loogootee High School in Martin County is one of two manufacturing companies launched recently in southern Indiana. Together ...

Industrial Production Up Again

Despite unfounded speculation of a global economic slowdown, there is more good news from the manufacturing sector. This time, the Federal Reserve reported Friday that manufacturing output increased by 1.1 percent last month (December). This represents the largest gain since February of last year. Production at factories increased at a 2.3 percent annualized rate in the fourth quarter after ...

Manufacturing Industry Posts Net Job Gain Of Over 284,000

The manufacturing industry had plenty of reason to celebrate this December, finishing an already stellar year by adding an additional 32,000 jobs to the sector. Bringing manufacturing jobs back to America was a top priority for President Trump in his 2016 campaign and it is clear that he has made good on his promises. According to the  Bureau Of Labor Statistics, the manufacturing industry ...