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 […]
Archive for the ‘INDUSTRIAL’ Category
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 […]
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.
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 […]
Orders to U.S. factories for large manufactured goods fell sharply last month, pulled down by lower demand for commercial aircraft and cars.
A consortium led by private-equity giant Carlyle Group LP agreed Tuesday to buy the specialty chemicals business of Dutch paints giant Akzo Nobel NV for €10.1 billion ($12.6 billion) including debt, as competition among cash-rich buyout firms for bigger deals heats up.
Canada is scrapping a plan to buy 18 Boeing Co (BA.N) Super Hornet fighter jets amid a deepening dispute with the U.S. aerospace company, three sources familiar with the matter said on Tuesday.
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 […]
United Technologies Corp. agreed to buy Rockwell Collins Inc. for about $23 billion, creating an aerospace behemoth that can outfit jetliners and warplanes from tip to tail. The transaction, one of the biggest in aviation history, gives rise to an aircraft-parts giant better positioned to withstand the squeeze from planemakers Boeing Co.and Airbus SE for […]
Contrary to public perception, U.S. manufacturing and logistics experienced dramatic growth over the past generation, says a study by the Ball State Center for Business and Economic Research (CBER) and Conexus Indiana. U.S. manufacturing production grew 11 percent since the 2000-2003 dot.com bust and ensuing economic turbulence of the 2001 and 2007-2009 recessions, reports Manufacturing […]