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Latest in Industry Trends & Analysis

Haimer USA celebrates new HQ
News June 3, 2016
Haimer USA celebrates new HQ
Haimer USA last month celebrated the grand opening of its new 25,000 sq. ft. North American headquarters with a ribbon cutting ceremony, distinguished guest speakers, on-site machine demos and presentations.
News June 2, 2016
ISM releases May 2016 Manufacturing Report On Business
Economic activity in the manufacturing sector expanded in May for the third consecutive month, while the overall economy grew for the 84th consecutive month, say the nation's supply executives in the latest Manufacturing ISM Report On Business. The report was issued June 1 by Bradley J. Holcomb, chair of the Tempe, Ariz.-based Institute for Supply Management (ISM) Manufacturing Business Survey Committee.
Study Shows Current Global Sourcing Trends
News May 31, 2016
Study Shows Current Global Sourcing Trends
As part of a global business initiative, seven business schools from around the world, including Georgetown University's McDonough School of Business, the Wharton School at the University of Pennsylvania, and the Graduate School of Business at Stanford University, executed a multi-year research effort focusing on current practices and strategies associated with the sourcing of production and trends in a global supply chain.
News May 17, 2016
Dorner acquiring Geppert-Band
Dorner Holding Corp., the parent company of Dorner Mfg. Corp., Hartland, Wis., on May 12 announced the acquisition of Jülich, Germany-based Geppert-Band, a leading European manufacturer of belt and modular belt conveyors.
USCTI: March billings up 5.7% among U.S. cutting tool cos.
News May 16, 2016
USCTI: March billings up 5.7% among U.S. cutting tool cos.
March billings among 40 U.S. cutting tool companies increased 5.7 percent over February and 15.4 percent over January, according to a recent report from the U.S. Cutting Tool Institute (USCTI), which surveys U.S. cutting tool companies each month for USCTI's Current Business Report. Total billings in March reached nearly $166 million, compared to nearly $157 million in February and nearly $144 million in January.
GF Machining Solutions to acquire Microlution
News May 11, 2016
GF Machining Solutions to acquire Microlution
GF Machining Solutions, , will purchase micromanufacturing machine builder Microlution Inc., Chicago, according to a comany news release issued May 11. Described as a specialist of micro-machining based on milling and laser technologies, Microlution was founded in 2005 and reportedly generated $10 million in 2015 with a workforce of 30 employees.
German manufacturer to open 1st plant in U.S.
News April 29, 2016
German manufacturer to open 1st plant in U.S.
The Berghoff Group, a German manufacturer, recently announced plans to open its first U.S. plant, which will be located in Auburn, Ala. The company reportedly will invest $30 million to open the manufacturing facility, which is expected to create 100 precision-machining jobs over the next 5 years, according to a news release from the Alabama Department of Commerce.
Slow business can have a silver lining
News April 28, 2016 Michael C. Anderson
Slow business can have a silver lining
Doug Wetzel, managing director at contract manufacturer Protomatic, Dexter, Mich., is finding business to be slower than he wishes. Like many other U.S. job shops, the 45-year-old company is experiencing a slowdown caused by tumbling oil prices and worldwide political and economic uncertainty. The difference is Wetzel isn't too worried. His advice to fellow manufacturers is to not let market uncertainty paralyze them from seeing a slowdown's silver lining— namely, time to prepare for the inevitable upturn.
Women to play an increasingly important role in manufacturing industry
Articles April 15, 2016 Holly B. Martin
Women to play an increasingly important role in manufacturing industry
Though Rosie the Riveter and a multitude of her sisters proved that women were perfectly capable of working in manufacturing when the men were called to serve during World War II, many of these patriotic women graciously stepped aside to allow the returning soldiers to resume their jobs. Since then, the number of women in manufacturing jobs has yet to recover. According to a 2015 report by consultancy Deloitte LLP, in conjunction with The Manufacturing Institute and the APICS Supply Chain Council, women hold only 27 percent of U.S. manufacturing jobs, even though they make up 47 percent of the total labor force. "Women are underrepresented in every manufacturing sector in the U.S.," the report stated.
News April 5, 2016
Spate of mergers and acquisitions
An item in the April 1 issue of The Kiplinger Letter suggested that a tough business climate for makers of various products will spur mergers and acquistions among companies looking "to consolidate forces to keep going." And judging from the spate of mergers and acquisitions announced since the beginning of this year, it would appear the prediction was no April Fool's Day joke.
News April 1, 2016
OSG acquires Amamco Tool
In an effort to expand its reach within the aerospace industry, OSG USA Inc. has purchased Amamco Tool & Supply Co. Inc., an ISO 9001:2008 and AS9100C registered company that makes high-quality, custom, carbide tools for manufacturers in the aerospace, automotive and medical industries, according to an OSG USA news release issued today.

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