When the COVID-19 pandemic hit, many aerospace and defense manufacturers realized they were not resilient enough to withstand the resulting challenges in their supply chains.
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Manufacturing economic expansion eased in September while remaining at strong levels overall, the Institute for Supply Management said today.
Die-Tech & Engineering and Trenton Forging Co. (TFC) received the 2020 National Metalworking Reshoring Award in recognition of their success in bringing manufacturing back to the United States.
The world has changed remarkably in 2020. The new decade began with a sense of optimism and historically strong economies in both the commercial aerospace and defense sectors.
U.S. manufacturing added 66,000 jobs in September, with the majority of that in durable goods, the Bureau of Labor Statistics said today.
Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.
Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.
While the manufacturing sector generates large amounts of data, relatively few companies have fully harnessed that data to improve operational efficiencies.
Like just about every other manufacturing operation, welding has made the leap into the 21st century with automation, agile manufacturing processes, and offline programming.