With vaccinations on the rise, the in-person collaboration that is still essential to doing business, including trade shows, is growing. But challenges to recovery from the pandemic remain. Global supply chains are struggling with multiple disruptions. Shipping rates are historically high. Computer chip shortages are curbing output.
Machine tool orders rose in May both on a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
Sharpe Products recently installed a BLM Group LT7 4-kW laser cutting system. This equipment cuts round, square, rectangle and open profile pipe or tube up to 6" OD.
Manufacturing added 15,000 jobs in June, the U.S. Bureau of Labor Statistics said today. But the manufacturing employment picture was mixed.
The U.S. manufacturing economy continued to cruise in June but was held back by a lack of labor availability, the Institute for Supply Management said today.
CRT, a turbine repair firm, is working with Tooling U-SME to educate its workforce. With more than 300 different courses in machining and an extensive library available in welding and inspection, CRT is pleased with the breadth of content.
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.
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.