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Weekly Wrap Up For June 14th, 2019

Dr. Chris Kuehl, Managing Director of Armada Corporate Intelligence, discusses the latest Credit Manager’s Index report with hosts Lew Weiss and Tim Grady. Metal Foam Stops .50 Caliber Rounds as Well as Steel For Immediate Release: Researchers have demonstrated that vehicle armor using composite metal foam (CMF) can stop ball and armor-piercing .50 caliber rounds as well as conven...

Foxconn Says US-bound iPhones Can Be Produced Outside China To Avoid Tariffs

“Designed in Cupertino. Made In China”. That’s what is says on the box of every iPhone sold in the United States. For years, Chinese manufacturer Foxconn has produced version after version of the hottest selling smartphone in the world. The question on everyone’s mind lately has been what Apple and Foxconn will do if a 25% tariff is levied on the popular device. Would Apple just absorb ...

United Technologies and Raytheon Announce Merger

In one of the largest corporate mergers this year, United Technologies and Raytheon have announced that they have agreed to what they called a “merger of equals”. In the announcement made this past Sunday, June 9th, both companies agreed to an all-stock deal that would give United Technologies shareholders a 57% ownership stake in the new company. The new company, which will be called ...

Trump Looks To Weaponize Tariffs On The Heels Of Mexico Deal

President Trump appears energized by the swift success of tariff threats against Mexico last week. In an interview with CNBC, the President commented “People haven’t used tariffs, but tariffs are a beautiful thing when you are the piggy bank, when you have all the money. Everyone is trying to get our money.” The Mexican tariffs, which would have imposed a 5% tax on all Mexican imports ...

Metal Foam Stops .50 Caliber Rounds as Well as Steel

For Immediate Release: Researchers have demonstrated that vehicle armor using composite metal foam (CMF) can stop ball and armor-piercing .50 caliber rounds as well as conventional steel armor, even though it weighs less than half as much. The finding means that vehicle designers will be able to develop lighter military vehicles without sacrificing safety, or can improve protection without making ...

Reshoring Brings Jobs Back To The United States In Droves

A combination of relocated manufacturing and foreign direct investment in US manufacturing brought 145,000 jobs to the United State in 2018. This represents the second highest rate of job increase in recorded history. According to the Reshoring Initiative’s 2018 Reshoring Report, which includes data from 2010 through 2018, jobs repatriated from China account for a whopping 59% of all ...

China’s Manufacturing PMI Dips To 49.4

Last month China’s manufacturing PMI fell from expansion (51.4%) in April to contraction (49.4%) in May. Among the many questions regarding this dip, it comes down to a matter of which of the mitigating factors caused the decline: was it the trade or technology war? And will China use the yuan to enhance manufacturing-related exports? The answer to the question of which ongoing spat with ...

Ferrari Debuts Their First Hybrid

986 horsepower. All-wheel drive. Turbocharged V8. Hybrid? Yes, hybrid. Ferrari unveiled their most powerful production car ever this week, the SF90 Stradale. In development for a number of years, the new Ferrari is powered by a turbocharged, 90-degree, 4.0-liter dry sump V8, which is what you would expect to find in a Ferrari. What makes this car unique is the three electric motors (one ...

Weekly Wrap Up For May 31st, 2019

Patricia Moran, Ph.D. and Director of Apprenticeship Programs with the New Jersey MEP joins hosts Lew Weiss and Tim Grady to discuss the services of the Manufacturing Extensions Partnerships. Manufacturers can get a free needs assessment to determine how to improve and grow their company. Musk’s Boring Company Lands First Commercial Contract When the renovations currently underway ...

African Nations Partner With NASA To Fight Illegal Mining

In response to rampant illegal mining operations, Kenya, Senegal, Sierra Leone, Ghana, and Tanzania last year formed the Africa Regional Data Cube. This is a forum for sharing and analyzing NASA’s satellite imagery to advance national goals while maintaining sustainable development. Until about 2001, illegal mining in Ghana consisted of local homeowners using hand tools to dig for gold in ...