“From Ford’s perspective the metals tariffs took about $1 billion in profit from us,” CEO James Hackett said at a Bloomberg conference in New York. “The irony of which is we source most of that in the U.S. today anyway. If it goes on any longer, it will do more damage.”
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September 04
16:29
2018
Port executives worry that tariffs could mean a slowdown in shipping that would have ripple effects on truckers and others whose jobs depend on trade, Industrial Distribution reports.
July 31
14:05
2018
These products are designed for lightweight assemblies in trucks, buses, RVs, speciality vehicles and passenger rail, and other markets like sporting goods and panels, Net Composites reports.
July 25
12:22
2018
Raw material costs expected to be $1 billion headwind in 2018 – double what the company expected, Bloomberg reports.
June 18
12:15
2018
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.
June 07
15:33
2018
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.
May 02
12:09
2018
April PMI registered 57.3%, a decrease of 2 percentage points from the March reading of 59.3%, Industrial Distribution reports.
April 02
10:13
2018
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.”
February 22
14:28
2018
“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.
January 16
14:40
2018
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.
January 08
11:40
2018
Manufacturing sizzled in December, reaching an almost seven-year high, led by new orders and production, AdvancedManufacturing.org reports.
January 04
10:48
2018
New welding method could make next generation metals more viable for the aerospace and automotive industry, MnetNews reports.
November 07
11:14
2017
A moderate but continued growth, these are the words the World Steel Association uses to define the future for the global steel demand.
September 27
10:16
2017
New orders for manufactured durable goods in August increased $3.9 billion or 1.7% to $232.8 billion, according to Modern Distribution Management.
September 06
00:05
2017
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.
August 17
11:34
2017
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.
August 02
11:32
2017
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.”
July 12
13:07
2017
A visit to the country’s Bajío region finds a thriving car ecosystem, according to a report published by the MIT Technology Review.
July 05
12:25
2017
After a prolonged recovery that culminated in two years of record sales, the American auto industry is slowing down, the New York Times reports.
June 26
10:40
2017
Manufacturers expect investments in smart factories will drive a 27% increase in their operation efficiency over the next five years.
