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Industry Trends & Analysis

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News February 1, 2016
Reshoring revisited; rebuttal redux
While data used to calculate the 2015 A.T. Kearney U.S. Reshoring Index contradicts reports of a reshoring trend for U.S. manufacturing, the index itself should not be construed as opposition to reshoring efforts, according to A.T. Kearney, the Chicago-based global management consulting firm that publishes the index.
News January 28, 2016
NIMS awards record number of manufacturing credentials
The National Institute for Metalworking Skills (NIMS), Fairfax, Va., last year awarded a record number of credentials to individuals seeking to start or further a career in manufacturing, NIMS announced in a Jan. 26 news release. In 2015, NIMS issued 21,420 industry-recognized credentials, with 18,901 of them issued in the United States, the organization reported. Compared to 2014, that's a 20 percent increase in U.S. credentials issued by NIMS.
News January 28, 2016
Mastercam Joins WorldSkills
WorldSkills International, an Amsterdam-based organization promoting the need for skilled professionals through various means, recently welcomed Mastercam to its global partnership group, according to a CNC Software news release issued Jan. 26. The partnership begins in early 2016.
News January 25, 2016
Industry-led initiative rebuts report questioning reshoring
Harry Moser, the founder and president of the Reshoring Initiative, an industry-led group out to prove offshoring is not always the best economical decision for companies, takes issue with the recently released 2015 A.T. Kearney U.S. Reshoring Index, which suggested that the reshoring trend was an aberration. A.T. Kearney, a global management consulting firm headquartered in Chicago, reported in December that its reshoring index dropped to -115 in 2015. A negative value is said to indicate net offshoring, according to the consulting firm.
News January 22, 2016
Addition of 5-axis training program draws national attention
A partnership between GF Machining Solutions, Lincolnshire, Ill., and a Colorado community college that brought 5-axis training to the school's machine technologies program recently earned recognition from the Obama administration for its efforts to confront an estimated 2 million manufacturing jobs expected to go unfilled over the next decade, according to a GF Machining Solutions news release issed Jan. 21.
News January 21, 2016
2015 A.T. Kearney U.S. Reshoring Index reveals false start
U.S. manufacturing reshoring trends appear to have been short-lived, according to a Dec. 21 news release from A.T. Kearney, a global management consulting firm headquartered in Chicago. "The reshoring phenomenon appears to have been more a one-off aberration than an inexorable trend," the firm reported, citing new data from its second annual A.T. Kearney U.S. Reshoring Index. "Data from 2015 confirms that offshoring is gathering steam, while the reshoring train has yet to leave the station."
News January 21, 2016
MAPI: Manufacturers face unprecedented global complexity
Manufacturers face "unprecedented global complexity," according to a Jan. 12 blog post on the website for the Manufacturers Alliance for Productivity and Innovation (MAPI). "The sector is now powered by software and data every bit as much as by steel and electricity," continued the post, which was authored by MAPI Marketing Council Manager Cam Mackey. "The ability to access insights about how to survive and thrive has never been more critical. "Recent shifts in technologies, demographics and markets have created a new normal for manufacturers. Those that adapt quickly will emerge more innovative and agile than their competitors, but not without undergoing a transformation in everything from the people they hire to how they create value," Mackey observed in report titled, "The Impact of Megatrends on U.S. Manufacturers."
News January 18, 2016 Dennis Spaeth
NAM launching 2016 State of Manufacturing Tour
Jay Timmons, National Association of Manufacturers (NAM) president and CEO, will kick off the 2016 State of Manufacturing Tour on Jan. 28 at Saint Anselm College in Manchester, N.H. Joining Timmons will be Neil Levesque, executive director of the New Hampshire Institute of Politics and Political Library, and Jim Roche, president of the Business and Industry Association of New Hampshire.
News January 15, 2016 Dennis Spaeth
Speedgrip Chuck acquired by Stratford-Cambridge Group
Speedgrip Chuck Inc., an Elkhart, Ind.-based designer and manufacturer of highly engineered workholding mechanisms, has been sold to an affiliate of Stratford-Cambridge Group, a private investment firm headquartered in Plymouth, Mich. Speedgrip announced the transaction in a news release issued Dec. 16.
News January 14, 2016 Dennis Spaeth
Feds report rise in productivity, predict workforce decline
Labor productivity in the manufacturing sector increased at a seasonally adjusted rate of 5.1 percent during the third quarter of 2015—the largest gain recorded since a 6.1 percent increase during the third quarter of 2011, according to the U.S. Bureau of Labor Statistics. Output increased 3.2 percent while hours worked decreased 1.8 percent.
News January 12, 2016 Dennis Spaeth
College takes aim at computerized tooling, adds CNC lab
As Kirtland Community College puts the finishing touches on its new Computer Numerically Controlled lab, the Roscommon, Mich., school is nearly set to launch a certificate program aimed at meeting the growing demand for workers with computerized tooling training.
News January 7, 2016
Hardide Coatings opens new U.S. production facility
Hardide Coatings Inc., a U.K.-based provider of advanced surface coating technology, recently opened a new production facility in Martinsville, Va. The $7 million expansion, which began a year ago, allows Hardide to expand its production operations to North America.
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