Tag: manufacturing

According to a recent report from the Federal Reserve Bank of Dallas, production at Texas factories leveled off in July, easing a two-month decline in the state’s manufacturing sector.

Metso is continuing to transform its mining business operations. The latest example is the announcement that the company will be closing of the manufacturing operations at the York, Pennsylvania, USA plant as of March 31, 2016.

This past July, the Markit US Manufacturing Purchasing Managers’ Index (PMI) was 53.8, which picked up slightly from the 20-month low seen in June (53.6). The latest reading was above the 50.0 no-change mark and higher than the long-run series average (52.

Founded in 1975, Precision Polymer Engineering (PPE) is celebrating its 40th year anniversary in 2015; this milestone was acknowledged recently with an employee family fun day and “birthday” party.

Honeywell announced that it has signed a definitive agreement to acquire the Elster Division of Melrose Industries, a provider of thermal gas solutions for commercial, industrial, and residential heating systems and gas, water, and electricity meters, including smart meters and software and data analytics solutions, for approximately USD 5.

Factory activity in Texas remained negative in July 2015, according to the Texas Manufacturing Outlook Survey, but rose for a second month in a row to -1.9. This number suggests further moderation in the decline of manufacturing output in the state.

Valve safety device interlocking specialist, Alcatraz Interlocks, will be celebrating 25 years of designing & manufacturing valve interlocks for the protection of life and property. Alcatraz Interlocks was founded 25 years ago in Belgium under a name that did not reflect its innovation in design and shortly after formed the name Alcatraz Interlocks.

Officials from Wey Valve, Inc., manufacturer of knife gate valves, have announced the expansion and relocation of its operations to Tupelo Lee Industrial Park South, Shannon, with the construction of a 40,000 square-foot manufacturing facility. “We are excited about the future of our company in Lee County.

The Federal Reserve Bank of Dallas’ Texas Manufacturing Outlook Survey has revealed that the Texas factory activity declined this past April. The production index, which is a key measure of state manufacturing conditions, has posted a reading of -4.

The Manufacturing Institute and Deloitte are reporting that U.S. manufacturers will soon experience an even greater skills gap crisis than originally thought: Approximately two million unfilled manufacturing jobs by 2025, which is only 10 years from now.