Weekly Wrap Up For December 2, 2022

 On this special live episode of Manufacturing Talk Radio hosts, Lew and Tim welcome back Tim Fiore to discuss the latest report. The November Manufacturing PMI® registered 49%. This is 1.2 percentage points lower than the 50.2 % in October. Today’s Manufacturing PMI® figure is the lowest it’s been since May 2020, when it registered 43.5 %.  In this …

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November 2022 Manufacturing ISM Report On Business

Manufacturing PMI® at 49% New Orders Contracting Production Growing; Backlogs Contracting Supplier Deliveries Faster Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Decreasing; Exports and Imports Contracting (Tempe, Arizona) — Economic activity in the manufacturing sector contracted in November for the first time since May 2020 after 29 consecutive months of growth, say the …

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Weekly Wrap Up For November 18, 2022

 In this episode of Moser On Manufacturing, Harry stresses the importance of consumers communicating to retailers their desire to buy made-in-USA products and that retailers should make it easy to find those products on their shelves. Lew and Harry talk about what defines “made in America” when it comes to the parts used in …

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Weekly Wrap Up For November 11, 2022

 Mark Lilly, President and CEO of LillyWorks discusses how to improve manufacturing performance through the application of technology in the world of Industry 4.0, IIoT, Machine Learning, and AI.  Anthony Nieves, Committee Chair for the Services ISM Report on Business® discusses the latest report.  On this special live episode of Manufacturing Talk …

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New Survey Indicated Major Shift for U.S. Manufacturing

The past two years have been a turbulent time for American manufacturing. Now, with concerns over a recession looming, a new survey seems to indicate a major shift could already be taking place. SAP, a German-based software giant and the global leader in supply chain software with approximately 23% market share, surveyed 400 American companies …

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Weekly Wrap Up For November 4, 2022

 Anthony Nieves, Committee Chair for the Services ISM Report on Business® discusses the latest report. October 2022 Manufacturing ISM® Report On Business® Economic activity in the manufacturing sector grew in October, with the overall economy achieving a 29th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®. (Read More)   …

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EV Charging Firm Wallbox Opens First U.S. Manufacturing Facility

Foxconn

Electric vehicle charging technology company Wallbox has opened the doors to its first U.S. manufacturing facility in Arlington, Texas. Adding to its other manufacturing operations in Europe and China, the Barcelona-based company said the new North Texas facility will begin pumping out more than 250,000 charging units this year. The facility will create hundreds of …

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Enphase Planning up to Six New Factory Lines in the U.S.

U.S. Manufacturing

US microinverter manufacturer Enphase has plans to establish four to six new manufacturing lines in the US by mid-2023 as it seeks to take advantage of manufacturing production tax credits contained in the Inflation Reduction Act. The announcement was made as part of the California-headquartered company’s Q3 financial results, which also showed that Enphase shipped …

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October 2022 Manufacturing ISM® Report On Business®

Manufacturing PMI® at 50.2% New Orders Contracting Production Growing; Backlogs Contracting Supplier Deliveries Faster Raw Materials Inventories Growing; Customers’ Inventories Too Low Prices Decreasing; Exports Contracting; Imports Growing (Tempe, Arizona) — Economic activity in the manufacturing sector grew in October, with the overall economy achieving a 29th consecutive month of growth, say the nation’s supply …

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BorgWarner Looks to U.S. Manufacturing Expansion

borg-warner

BorgWarner Inc. plans to expand its U.S. manufacturing footprint to handle its fast-growing electrification business, which is expected to generate about $4 billion by 2025. The company took in $292 million in net earnings in the third quarter of this year, more than double from the same period last year, while revenue grew nearly 20 …

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