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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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, [...]
The International Manufacturing Technology Show (
IMTS) of 2008 was held in Chicago’s McCormick Place during the week of September 8-13.
Over 15,000 new machine tools, controls, computers, software, components, systems and processes were displayed by the 1,803 participating companies in the 1.2 million net sq. ft of exhibition space. This year had the strongest [...]
In a recent survey conducted by
LoSasso Advertising and
Techspex, more than 1,000 members of the metalworking industry responded to a variety of questions about the state of their businesses and trends within the industry. More than 700 of the survey participants answered an optional question regarding the election this November. A whopping 62 percent [...]
Many workers in today’s world of constantly evolving technology worry that machines and automation will take the place of hardworking Americans. Some sense that their jobs are being taken by the very things they helped build
… Statistics from AgWeb on the impact export markets have had for U.S. farm machinery 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 [...]
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 [...]
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 [...]
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 [...]
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