Archive for the ‘INDUSTRIAL’ Category

U.S. Manufacturing Gauge Contracts for First Time in Three Years

A key U.S. factory gauge unexpectedly contracted for the first time since 2016, sending stocks and bond yields lower and boosting expectations for interest-rate cuts as global manufacturing woes deepen. The Institute for Supply Management’s purchasing managers index fell to 49.1 in August, weaker than all forecasts in a Bloomberg survey of economists, data released […]

Ethanol industry struggles under current policies

Federal policy is reducing demand for ethanol which will ultimately hurt farmers, said Jeff Zueger, CEO of Midwest AgEnergy, which owns and operates Dakota Spirit AgEnergy. “It is an industry-wide problem that can affect the local farmer,” Zueger said. “It is becoming more and more of a problem.” Dakota Spirit AgEnergy is an ethanol plant […]

US Industrial Production Unchanged in June

U.S. industrial production was flat in June, as a slump in utilities was offset by gains in output by factories and mining. The Federal Reserve said Tuesday that manufacturing production increased 0.4% last month, aided by a nearly 3% surge at auto plants. Still, factory output has been weak over the past 12 months, posting […]

U.S. Cutting Tool Consumption Up 1.3 Percent In April

April 2019 U.S. cutting tool consumption totaled $206.3 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 (CTMR) collaboration, was down 1.9 percent from March’s $210.4 million and up 1.3 percent when compared with […]

10 Ways the Distribution Industry Is Being Reshaped for the Future

Virtually every industry depends on the distribution industry. Whether they work in the packaging, food service, health care, or cleaning industry, distributors are needed to ensure products from one organization reach their target—and ultimately the end customer—in the fastest, most cost-efficient manner possible.

Electrified reactor could slash climate impact of industrial hydrogen production

The steam-methane reformer is one of the chemical industry’s most brutal juggernauts. Surrounded by a 900 °C inferno of natural gas, the reactor heats methane and water it holds inside, causing the molecules to slam together to form syngas, a valuable mixture of carbon monoxide and hydrogen. But these aren’t the only emissions from the […]

These Are the Trends to Watch, According to Goldman

From meatless meats to digital twins, the latest “emerging trends” identified by Goldman Sachs Group Inc. include technologies and investing strategies that have been around for a while. “What happens when everything old becomes new again?” the bank asked Wednesday in the second edition of its “Outsiders” series, meant to help investors “separate the hype […]