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News July 14, 2016

Report forecasts 7.6% annual growth through 2020 for global digital manufacturing market

A new report produced by Research and Markets, a market research company based in Dublin, forecasts a compound annual growth rate of 7.6 percent for the global digital manufacturing market through the year 2020.

News July 12, 2016

N.H. tool maker going solar

Jarvis Cutting Tools is constructing a 500W AC solar panel array in front of its property in Rochester, N.H. Jarvis President Costikyan Jarvis said the solar project will help the company cut production costs and capitalize on incentives for producing solar energy, according to a report on fosters.com.

News July 11, 2016

YG-1 USA announces personnel moves

In two separate personnel moves, YG-1 Tool Co., Vernon Hills, Ill., recently promoted Shane Hollenbaugh to Executive Director of Sales and hired Bill Pulvermacher as Director of Marketing. Pulvermacher will be responsible for marketing, strategy and brand development.

News July 6, 2016

ISM Says New Orders, Production, Employment Growing

Economic activity in the manufacturing sector expanded in June for the fourth consecutive month, while the overall economy grew for the 85th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business.

News July 6, 2016

NASA Research Supports IKONICS Technology

IKONICS Corp., a Duluth-based imaging technology company, announced today that IKONICS Precision Abrasive Machining capabilities align with NASA test results to reduce aerodynamic drag on acoustic jet engine liners.

News June 28, 2016

John Force Racing and Hurco announce multi-year deal

CEO of John Force Racing Inc. and 16-time NHRA Funny Car champion John Force along with Cory Miller, General Manager of Hurco North America, announced an initial five year agreement between the Indianapolis area based companies that will continue to enhance the development and production capabilities of JFR and its Force American Made (FAM) machining company.

News June 28, 2016

Takumi opens Indianapolis showroom

Takumi USA, Indianapolis, recently unveiled its new technology center and showroom to distributor partners to kick off the introduction of Takumi USA to the North American market.

News June 28, 2016

In Memoriam: Patrick M. Ryan

Patrick M. Ryan, Vice President of Manufacturing for Kankakee, Ill.-based Stor-Loc, passed away June 25, 2016. A founder of the Stor-Loc Modular Drawer System, Pat recently celebrated 25 years in business.

News June 27, 2016

Camcraft uses education to combat skills gap

Most manufacturers offer at least occasional in-house instruction as factory work has become more about brains than brawn. But Tooling U-SME, an organization focused on manufacturing education that's part of an industrial nonprofit in Dearborn, Mich., found in a recent survey that just 25 percent have a structured training program.

News June 24, 2016

Manufacturing capacity utilization has not recovered–what does this mean?

Economists have been debating the performance of business investment during the current recovery. Much of the debate has centered around the relative importance of policy (such as regulation) and demand. Meanwhile, from a company's perspective, it probably doesn't make sense to invest when its existing plant and equipment are already underutilized.

News June 24, 2016

MMI celebrates 25 years

Michigan Manufacturing International (MMI) was founded in 1991 in Michigan by Jacob Prak. A number of moves were necessary as the operation outgrew each location, but the name remained the same. In November 2013, MMI built a 40,000 square foot building in Stevensville, Md., and currently occupies 12,000 square feet of that space.

News June 23, 2016 Kip Hanson

Why the Web

Sound website design and integration attracts new business and simplifies operations for manufacturers, internet marketing professional Gary Sargent said.

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