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.
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.
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.
LEO Lane, a Tel Aviv, Israel-based software company, has entered a partnership with HP concerning 3D printing.
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.
Google Cloud today announced an expanded relationship with Johnson Controls that will involve the leading building technology and solutions company running SAP’s Enterprise Resource Pning Central Component (ECC) environment on Google Cloud.