Manufacturing employment rose by 8,000 jobs in December, with gains in durable goods but losses in non-durable goods.
The U.S. manufacturing economy contracted for a second straight month, the Institute for Supply Management said today.
Shyft Group Inc. said it completed its acquisition of XL Fleet.
3D Systems today announced The Technology House, an Ohio-based contract manufacturer, has purchased an SLA 750 to enhance its manufacturing workflow.
Reshoring announcements rise 11% in the first quarter compared with a year earlier, according to the Reshoring Initiative.
ABB said it has completed its acquisition of the Siemens low voltage NEMA motor business.
Meeting demand in a consistent, cost-effective manner requires balance and good forecasting. But sometimes it takes a little more due diligence to uncover the best way to increase throughput or meet rising demand.
Metalforming companies’ forecast for economic activity over the next three months remained fairly steady from the previous month, with some manufacturers expressing optimism and others anticipating headwinds.
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