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.
An online “It’s Tool Time” event, eight months after Ceratizit’s first Tool Time show, focused on how manufacturers merge the use of Ceratizit cutting tools–from a portfolio of 65,000 products–with new technologies such as additive manufacturing.
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.
At first glance, ceramic cutting tools appear doomed to failure, but the reality is just the opposite.
SMW-Electronics, a unit of SMW-Autoblok, has broken ground on a new 11,000 ft2 two-story facility in Meckenbeuren, Germany.
LEO Lane, a Tel Aviv, Israel-based software company, has entered a partnership with HP concerning 3D printing.
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.
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.
Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.