Sustaining Dixie County’s Economy and Workforce May 24, 2021 Dixie County lost one of its largest employers in the 2007-2008 recession, a Georgia Pacific (GP) Lumber facility. For more than 10 years the mill remained closed, but with help from the North Florida Economic Development Partnership (NFEDP), a new buyer has reopened the mill, made millions in new investments and has a projected annual payroll of $5.5 million in a very rural county.
U.S.: The Once and Future Manufacturing Leader May 21, 2021 The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Manufacturing Expansion to Last Through 2021, ISM Says May 18, 2021 The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.
From Lawns to Flight, the Future is Electric May 13, 2021 One of the annoyances of living in the suburbs is the incessant whine of gas-powered lawnmowers and leafblowers—particularly the latter.
3D Systems Announces Two Acquisitions May 11, 2021 3D Systems announced plans for acquisitions of two companies.
ZEISS to Acquire Capture 3D May 11, 2021 ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.
Machine Tool Orders Surge in March, AMT Says May 10, 2021 Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.
Manufacturing Loses Jobs in April on Auto Layoffs May 7, 2021 Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.
Mitsubishi Electric Shows Advanced Tech in Demonstration Vehicle May 6, 2021 Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.