Boeing said its Board of Directors has extended the company's age-65 standard retirement to age 70 for CEO David L. Calhoun. Calhoun, 64, has been the company's chief since January 2020.
Manufacturing accelerated in March to its highest level in almost 40 years, the Institute for Supply Management said today.
New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.
FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.
A widening skills gap threatens U.S. manufacturing competitiveness and consequently our economy. A talent pipeline with a sufficient supply of properly aligned skills is imperative to meet U.S. manufacturers’ needs for capacity, productivity and innovation.
Recruiting, training and retaining manufacturing workers is a constant challenge. The skills gap is real and growing, but the manufacturing industry has several tools to deal with this challenge.
Sarah O'Sullivan, accounting director at LeaseQuery, talked to SME Media about how accounting changes related to leases are affecting manufacturers.
GE and the Global Manufacturing and Industrialisation Summit (GMIS) have announced a partnership to explore the role of digitization, lean manufacturing, and workplace safety to support the transformation of manufacturing and economic regeneration.
The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.
Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.
