Anthony Bidco Ltd “eyeing acquisition opportunities in the U.S. after sales reached a record high,” according to Insider.
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Massachusetts Senator Elizabeth Warren called for an investigation into the aircraft components supplier’s government contracts, Reuters reports.
ISM index falls to 54.8% in April from nearly three-year high.
National Association of Manufacturers’ Index jumps to 63.7, up from 53.3 in December.
Boeing hired Norsk Titanium AS to print the first structural titanium parts for its 787 Dreamliner, paving the way to cost savings of $2 million to $3 million for each plane.
Real gross domestic product increased at an annual rate of 2.1 percent in the fourth quarter of 2016, according to Modern Distribution Management.
ASG will offer Toshiba Machine robots in both national and international markets.
Automotive & transportation segment is the fastest-growing application segment of the metal bonding adhesives market.
“Part of the reshoring picture is that increasing foreign labor costs and better automation in the U.S. , is bringing back jobs,” Industry Week reports. “In fact manufacturing has brought back more jobs than any other industry in the past five years.”
Increased optimism and changing perceptions about the industry could help turn the tide on a nationwide skills shortage.
Analysts question what little details of a spending plan are available, while congressional Republicans voice concerns about a $1 billion proposal that mirrors the Obama administration’s “stimulus” efforts, Industrial Distribution reports.
According to the National Highway Traffic Safety Administration, the fastener for the front driver and passenger seatbelt anchors may not have been fully latched during assembly.
To meet future customer demands for wire rod products and greater coil weights, Swiss Steel has invested €8.5 million at its Emmenbrucke site in Switzerland, according to Fastener + Fixing.
Overall, orders were up 10% from 2015, but a few industries and applications paved the way for truly significant increases in automation, according to the Robotic Industries Association.
Monthly purchasing manager’s index jumped to 57.7, the highest since December 2014 and more than economists’ forecast for 56.2, according to the Business Insider.
Commerce Department data showed bookings for goods meant to last at least three years rose 1.8 percent after a 0.8 percent decrease in December, according to Bloomberg Markets.
Recent improvements suggest that manufacturers are beginning to recover from notable weaknesses over the past two years, with a strong dollar and global headwinds dampening overall activity.
Early registration discount and call for paper deadlines for INTERTECH 2017 is March 1st. The event will provide papers, displays and experts on the development of new superabrasives and innovative applications.
The vote came as Boeing makes major cuts to its commercial airplane workforce in the Puget Sound region and South Carolina, the Puget Sound Business Journal reports.
While there are certainly highly repetitive jobs bots would perform more efficiently and economically, automating alone is not always the best path to higher productivity, Forbes reports.