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Weekly Wrap Up For June 21st, 2019

In this episode, Don Leavens, Vice President and Chief Economist of the National Electrical Manufacturers Association, discusses both cyclical and structural forces shaping the U.S. electrical manufacturing space. Following Don’s description of the electrical manufacturing growth picture, the questioning turns to product and process innovation. When asked about concentration and barriers to ...

Airbus Wants A Shot At Boeing’s Business

Airbus has an ax to grind with Boeing. Despite walking away from the Paris Airshow with an estimated $44 billion in deals, besting Boeing by nearly $10 billion, the multinational aerospace manufacturer has made it clear that they are not happy they did not have an opportunity to bid for business with British Airways owner IAG SA. Boeing and IAG announced an agreement for 200 of Boeing’s 737 Max ...

Empire State Manufacturing Report Posts Largest Drop In History

The Empire State Manufacturing Report took a sharp nosedive this month, falling 26.4 points to -8.6 as reported this past Monday. This precipitous drop represents the first time the index has dipped into negative territory since October of 2016. Any number below zero represents a contraction in manufacturing activity in New York state. Analysts had predicted a significantly more favorable number ...

Researchers Use X-Ray To Capture Microscopic Manufacturing Defects

Microscopic defects that typically occur in laser-based manufacturing of metal parts can lead to some serious issues down the road if left undetected. Fixing these mistakes can lead to a significant cost and time increase when producing a part. Although, new research into what causes these flaws may have led to a remedy for the problem. Researchers from Missouri S&T, Argonne National ...

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 ...