MFG Talk Radio 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 …
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 …
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 …
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 …
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 …
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 …
Even as other industries struggle under the weight of rising interest rates, factories keep churning out products to meet consumer demands for cars, computers, and other in-demand products. Now, manufacturers are working to expand their capabilities, while at the same time struggling with supply and labor scarcities and looking to the near future, where some …
The following article was published in this month’s issue of Manufacturing Outlook Digital Magazine. For a limited time, we’re offering Manufacturing Talk Radio listeners a FREE subscription. Visit Manufacturingoutlook.com to subscribe today! by Ken Fanger Passwords! Passwords! Passwords everywhere! I can’t possibly think of another one! Eight or more characters, upper case, lower case, numbers, …
The following article was published in this month’s issue of Manufacturing Outlook Digital Magazine. For a limited time, we’re offering Manufacturing Talk Radio listeners a FREE subscription. Visit Manufacturingoutlook.com to subscribe today! Manufacturing Day October 7th and FABTECH November 8th – 11th by NAM news Room: MFG Day; Jennifer Dallos, SME; FABTECH On Friday, Oct. …
The following article was published in this month’s issue of Manufacturing Outlook Digital Magazine. For a limited time, we’re offering Manufacturing Talk Radio listeners a FREE subscription. Visit Manufacturingoutlook.com to subscribe today! By: John McEleney Preparing for the uncertain is a business imperative – whether it’s an unexpected crisis like the pandemic or a humanitarian …
