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Metal Prices Sink Profit At GM

July 25
12:22 2018
    Metal Prices Sink Profit At GM

Raw material costs expected to be $1 billion headwind in 2018 – double what the company expected, Bloomberg reports.

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4 Ways A U.S.-China Trade War Could Play Out

June 18
12:15 2018
    4 Ways A U.S.-China Trade War Could Play Out

The Trump administration is betting Beijing will blink first in the showdown over tariffs. Such an outcome is far from assured—and it could also take a while, according to Bloomberg.

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How Amazon Is Changing U.S. Manufacturing

June 07
15:33 2018
    How Amazon Is Changing U.S. Manufacturing

IndustryNet explores what the need for speed means for manufacturers and how this potentially will play out for those looking to invest in commercial real estate.

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April U.S. Manufacturing PMI Drops To 9-Month Low

May 02
12:09 2018
    April U.S. Manufacturing PMI Drops To 9-Month Low

April PMI registered 57.3%, a decrease of 2 percentage points from the March reading of 59.3%, Industrial Distribution reports.

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Tariffs, Prices Threaten Expansion at U.S. Factories

April 02
10:13 2018
    Tariffs, Prices Threaten Expansion at U.S. Factories

Concerns grow about exports slipping as other countries retaliate with tariffs on American goods, the Wall Street Journal reports. “There’s just this massive uncertainty that gets inserted into the manufacturing cycle.”

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U.S. Manufacturing Growing

February 22
14:28 2018
    U.S. Manufacturing Growing

“The simple truth is that U.S. manufacturing is doing extremely well and is enjoying record levels of production,” Ball State economics professor Michael Hicks writes in Advanced Manufacturing.

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U.S. Manufacturing Expands At Fastest Pace in Three Months

January 16
14:40 2018
    U.S. Manufacturing Expands At Fastest Pace in Three Months

Acceleration in bookings indicates production will remain robust in coming months as factories race to limit mounting order backlogs amid declining customer inventories, Bloomberg reports.

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Manufacturing Heats Up on New Orders, Output

January 08
11:40 2018
    Manufacturing Heats Up on New Orders, Output

Manufacturing sizzled in December, reaching an almost seven-year high, led by new orders and production, AdvancedManufacturing.org reports.

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Next Generation Welding?

January 04
10:48 2018
  Next Generation Welding?

New welding method could make next generation metals more viable for the aerospace and automotive industry, MnetNews reports.

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Global Steel Demand Expected To Grow Moderately

November 07
11:14 2017
  Global Steel Demand Expected To Grow Moderately

A moderate but continued growth, these are the words the World Steel Association uses to define the future for the global steel demand.

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Durable Goods Orders Up 1.7%

September 27
10:16 2017
  Durable Goods Orders Up 1.7%

New orders for manufactured durable goods in August increased $3.9 billion or 1.7% to $232.8 billion, according to Modern Distribution Management.

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U.S. Manufacturing PMI Now Highest Since April 2011

September 06
00:05 2017
  U.S. Manufacturing PMI Now Highest Since April 2011

Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

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July U.S. Industrial Production Ticks Up

August 17
11:34 2017
  July U.S. Industrial Production Ticks Up

Following a six-month string of increases beginning in September 2016, factory output was little changed, on net, between February and July, Industrial Distribution reports.

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GM Sales Tumble as Cars Stop Fueling US Growth

August 02
11:32 2017
  GM Sales Tumble as Cars Stop Fueling US Growth

The 15% drop last month for GM was its steepest since May 2016, and neither Ford nor Fiat Chrysler fared much better. As one analyst told Industry Week, “You can’t jawbone the economy.”

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Auto Manufacturing and Automation Are Booming in Mexico

July 12
13:07 2017
  Auto Manufacturing and Automation Are Booming in Mexico

A visit to the country’s Bajío region finds a thriving car ecosystem, according to a report published by the MIT Technology Review.

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After Years of Growth, Automakers Cutting U.S. Jobs

July 05
12:25 2017
  After Years of Growth, Automakers Cutting U.S. Jobs

After a prolonged recovery that culminated in two years of record sales, the American auto industry is slowing down, the New York Times reports.

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Smart Factories To Grow, Add To Global Economy

June 26
10:40 2017
  Smart Factories To Grow, Add To Global Economy

Manufacturers expect investments in smart factories will drive a 27% increase in their operation efficiency over the next five years.

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Aerospace Components Manufacturer Eyes US Acquisitions

June 19
13:42 2017
  Aerospace Components Manufacturer Eyes US Acquisitions

Anthony Bidco Ltd “eyeing acquisition opportunities in the U.S. after sales reached a record high,” according to Insider.

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TransDigm’s Shares Fall as Senator Seeks Probe

June 12
12:46 2017
  TransDigm’s Shares Fall as Senator Seeks Probe

Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier’s government contracts, Reuters reports.

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U.S. Manufacturing Growth Slows in April

May 01
10:26 2017
  U.S. Manufacturing Growth Slows in April

ISM index falls to 54.8% in April from nearly three-year high.

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