News 1208 results

British Steel Collapses

After years of being on life support, the second largest steel manufacturer in Great Britain has collapsed. British Steel had been seeking a loan from the British government for £75 million  ($95 million) as recently as last week when the news of the firm’s implosion broke on Wednesday of this week. The company received a government loan for £120 million ($152 million) only last year, but it ...

China’s Biggest Airlines Demand Compensation From Boeing

Boeing is facing compensation claims from three of China’s biggest airlines, which have all grounded dozens of 737 Max jetliners since the Ethiopian Airlines crash that led to the death of all 157 passengers back in March. Air China, China Eastern, and China Southern, which are all controlled by the state, said Wednesday (5/22/19) that they have all asked for payouts from Boeing, confirming ...

Long-Time NASA Supplier Honored

ORANGE COUNTY BUSINESS HERITAGE U.S. REP. LOU CORREA COMMEMORATES SANTA ANA-BASED MANUFACTURER AND SUPPLIER TO NASA’S SPACE SHUTTLE, INTERNATIONAL SPACE STATION AND COMMERCIAL AVIATION INDUSTRY More than 60 years of business in OC’s manufacturing landscape, weathering bull and bear markets in vital domestic industries. Santa Ana, Calif. – U.S. Rep. Lou Correa toured the 70,000 ...

Manufacturing Bill Supporting Metal Manufacturers Signed into Law

CEDAR KNOLLS, N.J., May 16, 2019 /PRNewswire/ -- Assemblywoman Nancy Munoz and Assemblyman Anthony Bucco have sponsored Senate Bill 515 / Assembly Bill 4060, which reduces taxes on metal manufacturers, eliminating the tax on sand, binders, washes and other material used in the manufacturing process.  Governor Phil Murphy signed the bill into Law on May 10, 2019. "Manufacturing is essential ...

New Legislation To Boost Advanced Manufacturing in the US

In an effort to enhance America’s competitiveness in advanced manufacturing on a global scale, U.S. Senators Kirsten Gillibrand (D-NY) and Chris Coons (D-DE) have introduced The Global Leadership in Advanced Manufacturing Act. The bipartisan bill, introduced May 10th would expand the national network of linked Manufacturing USA institutes Manufacturing USA is a national network of manufact...

Swedish Aircraft Manufacturer To Build New Factory In Indiana

Global defense and security company Saab has announced plans to build a new, state-of-the-art manufacturing facility in West Lafayette, Indiana. The new plant will manufacture a substantial portion of the U.S. Air Force’s next-generation T-X jet trainer. “This is a historic moment for Saab,” said President & CEO of Saab, Håkan Buskhe. “After careful consideration, we have chosen ...

Weekly Wrap Up for May 10th, 2019

Dr. Chris Kuehl, author of the monthly Credit Manager’s Index report, joins hosts Lew Weiss and Tim Grady to discuss the latest details in the world of credit managers, as well as general economic conditions in the manufacturing industry. The Association For Manufacturing Technology Invites You To The MT360 Conference To accelerate the integration of emerging technologies into ...

Metals Fraud the Cause of $700 Million Rocket Failure

According to NASA officials, falsified certifications on thousands of aluminum parts is the root cause of the failure of a 2011 satellite launch. The faked test results and subsequent faulty parts provided to NASA resulted in not one but two failed satellite launches. Sapa Profiles Inc., located in Oregon, has admitted that employees faked test results related to tensile strength and reliabi...

What’s So Cool About Manufacturing?

Getting high school students interested in a career in manufacturing has been a challenge. Most students regard manufacturing work as dirty, dangerous, low-paying work. Making matters worse, only 35% of parents indicate they would encourage their son or daughter to consider a career in manufacturing. So who better to help get the message to students that today’s manufacturing jobs are exciting, ...

The Association For Manufacturing Technology Invites You To The MT360 Conference

To accelerate the integration of emerging technologies into manufacturing applications, AMT – The Association For Manufacturing Technology has created the MT360 Conference. Held June 18 to 20, 2019, at the Santa Clara Convention Center, Santa Clara, Calif., MT360 will feature more than 30 TED-type talks. Presentations focus on four transformative technologies: additive manufacturing, augmented ...