Reuters reported this past week that the Purchasing Managers Index of "flash" manufacturing was at 51.5 for the month of September, pointing to slow growth which has been a trend over the last few months. The index averaged 51.5 in the third quarter, below the 54.2 registered between April and June,...
The Atlantic has a great article on a new development in manufacturing. They profile a new development in start-ups called Maker Works in Ann Arbor, Michigan where they combine high-tech with manufacturing. Opened in May of this year, Maker Works consists of 11,000 square feet of workshop rooms and thrilling collections...
CNN Money has an effective summary of the trend we've been talking about for years now, the move to more skilled employment in manufacturing: The number of job openings for skilled factory workers has increased 38% since 2005, according to numbers from the Conference Board that measure labor demand across industries. More...
Reuters and the Associated Press both have stories on a recent report by the Institute for Supply Management on job growth in the Manufacturing sector. Here's Reuters: ISM's index of national factory activity fell to 49.6 in August, from 49.8 in July, and shy of the 50.0 median estimate in a...
This week's piece of interesting perspective on the industry and employment comes from Hal Sirkin, in the Huffington Post: Wages in China are rising so rapidly that the insourcing vs. outsourcing calculus has changed. In 2000, U.S. wages were almost 22 times larger than those in China. By 2015, U.S. wages...
It's always worth keeping in mind how the news business works, when you follow the news as closely as we do. They have to be able to condense an in-depth story into 250 words, and then condense 250 words into a single headline, and add a photograph which is illustrative...
From the Chicago Tribune: With steady growth in exports and manufacturing jobs, the Illinois economy is beginning to make moderate gains. But government-sector layoffs and a weak construction market continue to challenge the state, according to The State Monitor report, released Monday by BMO Capital Markets Economics. ... Overall, the Illinois jobless rate...
First, the good: March 2012 U.S. manufacturing technology orders were $495.97 million according to AMT - The Association For Manufacturing Technology. March orders were up 11.3% from February 2012 but down 1.4% from $502.89 million in March 2011. With a year-to-date total of $1,356.70 million, 2012 is up 12.9% from the...
From Business Week: Factory bookings for long-lasting goods rose 0.3 percent last month after falling 3.9 percent in March, according to the median forecasts of 61 economists surveyed by Bloomberg News before a May 24 Commerce Department report. Other figures may show purchases of existing and new houses also climbed. Manufacturers may...
In a perfect world, factory equipment damaged by flooding would find its way to the landfill, unfit for use after spending time (sometimes even days) underwater. However commercial consumers, especially small business owners should, be on the look out for flood damaged goods be sold at rock bottom prices. There are a few...
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We are excited to announce that the Eagle Technologies brand is being migrated to CONVERGIX Automation Solutions, along with our other sister companies (JMP Solutions, AGR Automation and Classic Design).
This brand migration marks a significant milestone in our journey to become your ultimate trusted partner. With our passionate team, world-renowned processes, and diverse expertise, we are ready to tackle any industrial automation challenge.
Stay tuned for more updates or click to learn more about our brand migration.