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Can you turn a slowdown into a competitive advantage?

Every time the economy slacks, there are companies that use the down trend to their advantage.  During growth periods many companies need to channel their resources into sales and support versus research and development. This can slow innovation and delay the roll out of new initiatives. This will reverse in a slower market. Other companies remain aggressive with their [...]

Dollar Falls - Profits Rise

This is a great link to a story NPR ran on the 8/4 telecast that talks about how the weakening of the dollar has helped American manufacturing. They interviewed a Cleveland automotive part manufacturer that has seen their profits increase during a time when the economic news is bleak.

http://www.npr.org/templates/story/story.php?storyId=93203258

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IMTS, A Strong Showing for U.S. Manufacturing

I’ve been attending IMTS since 2000 and thus have witnessed both highs and lows in terms of business projections as well as moods. With the first part of this year holding strong, I went into this year’s show with great interest - would the industry reflect the growing fear and pessimism of the news reporting, [...]

Machinery Exports Boost Balance sheets

… Statistics from AgWeb on the impact export markets have had for U.S. farm machinery manufacturers…

Latest Survey Shows Exports Drive Growth for U.S. Manufacturers

Many American manufacturers companies are experiencing strong growth due to export markets. The favorable exchange rate seen by other countries is dramatically increasing the amount of U.S. sales abroad.
 
A recent survey of more than 375 job shops in the U.S. supports this. A full 37 percent of job shops report that increased business has come [...]

July Update to MBI and Other Trends

The July Metalworking Business Index data has been updated. The MBI remains virtually flat at 44.5 from 44.7 in June. Exports are up, and several other indicators have slowed their down trend. July was a strong month for equipment sales with a 2.5% increase over June, and although growth is still hard to predict, the [...]

It takes precision to make precision

If you need to manufacture a boring tool that will hold tolerance to the micron level, it follows that you need a pretty sophisticated manufacturing and inspection process to produce it. But to see it first hand is something else. I had the good fortune to make a visit to the
Kaiser manufacturing facility in [...]

Metalworking Survey Finds Those Who Change, Thrive

A recent survey conducted by
Techspex and the research division of
LoSasso Advertising Inc. was completed by more than 1,000 respondents from within the North American metalworking industry. There were several notable trends that surfaced in the study, but it was clear that the strongest performing businesses are those that are adapting to new technologies [...]

Mitsubishi EDM Touch Screen Video

Mitsubishi EDM just published a video of a new touch screen EDM control - pretty cool stuff. Take a look…

Mitsubishi EDM Touch Screen Control

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Machinist Turned Writer

I had the opportunity to spend some time with Steve Hensley, a new editor for
Modern Machine Shop. We took in a beer and a Cubs game while we chatted about his new role. He’s still getting used to being off the shop floor and using his hands to communicate instead of manufacturer, but he [...]