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News June 18, 2019
Manufacturing institutes need benchmarks for progress
The federal agencies funding 14 institutes created to jump-start the manufacturing industry have no set criteria to measure progress, according to a government report. The departments of Commerce, Defense and Energy need a way to gauge whether they're meeting the goals of the 2014 law that formed this nationwide network of manufacturing hubs, the Government Accountability Office announced.
News June 18, 2019
American Manufacturing Communities Collaborative launches
The American Manufacturing Communities Collaborative, in collaboration with the Northeast-Midwest Institute and the Century Foundation, is a new national organization building on the foundation of the 24-region Investing in Manufacturing Communities Partnership initiative, helping regional communities across the U.S. devise and implement sustainable economic development plans that lead to good-paying jobs in thriving manufacturing sectors.
News June 18, 2019
Next-generation manufacturing technology helps early adopters
Most manufacturers have invested in some type of technology to run their businesses, whether it's new equipment, robotics, software or business intelligence tools. Each year, Plex Systems Inc. conducts a survey that gathers insights on how manufacturers use technology to solve day-to-day challenges, as well as major industry challenges. The fourth annual State of Manufacturing Technology Report reveals that manufacturers investing in technologies that enable a connected environment are more resilient and optimistic about the challenges ahead.
News June 18, 2019
Expect hiring issues for manufacturers to continue
The struggle among manufacturers to fill open jobs is likely to continue because of the shrinking labor pool and growing need for workers with high-tech skills. Those are conclusions in a report from the National Association of Manufacturers, a trade group for manufacturers, including thousands of small businesses. In a survey in March, manufacturers said their inability to attract and retain talent was their biggest concern as it was for the previous two-and-a-half years. A quarter of those surveyed said they've had to turn down business opportunities because they didn't have the staffers needed to fulfill contracts.
News June 18, 2019
Manufacturing training program in Connecticut gets $3.45 million boost
A New Haven, Connecticut-based worker training organization is getting $3.45 million in state funding to expand a program to grow the workforce in the manufacturing sector. Funds will be used to build upon a program launched in February at Gateway Community College that took 19 unemployed and underemployed workers and provided them with an intensive five-week training course. "Every single one of them had a job before they graduated," said William Villano, president and CEO of Workforce Alliance. "This (is) a good program for people that want to change careers or high school graduates who aren't going to college."
News June 18, 2019 Alan Richter
HxGN LIVE 2019 makes Sin City smarter
My latest trip took me to Las Vegas, where I attended HxGN LIVE 2019. Hosted by Sweden-headquartered Hexagon AB, the ninth biennial conference took place June 11-14 at the Sands Expo & Convention Center adjacent to The Venetian and The Palazzo resorts, and I participated in the Hexagon Manufacturing Intelligence division's media program.
News June 7, 2019
Global toolholders market will top $1 billion by 2019
Global demand for toolholders, specifically arising from the automotive and defense and aerospace industries, will witness a relatively steady growth through 2028, as predicted by Future Market Insights (FMI) in its recently released market intelligence report. While the demand for toolholders will be largely driven by emerging economies, in particular the manufacturing sector, China is likely to make substantial investments in high-performance cutting tools, considering the robust manufacturing and industrial output in the region.
News June 6, 2019
Kevin Pahl promoted
Cincinnati, OH -- Kevin Pahl has joined the sales team at Cleaning Technologies Group, LLC as a Regional Sales Manager, effective January 2019.
News June 6, 2019
Hypertherm Inc. acquires Omax Corp.
KENT, Wash. and HANOVER, N.H.—OMAX Corporation, a manufacturer of abrasive waterjet systems, plans to join forces with Hypertherm, a U.S. based manufacturer of industrial cutting systems and software, following the signing of a definitive merger agreement that establishes OMAX as a wholly-owned subsidiary of Hypertherm.