The U.S. manufacturing industry continued to rebound in December 2020 with cutting tool consumption up 4% over November and the Manufacturing Purchasing Manager's Index expanding from 57.5 in November to 60.5 in December. n
As the overall U.S. manufacturing industry continued to rebound in November 2020, the cutting tool sector found itself on the downside of an economic rollercoaster. That said, optimism for the year ahead continues to grow.
National Association of Manufacturers President Jay Timmons issues statement slamming rioters who "stormed the U.S. Capitol (yesterday), attacking police officers and first responders because Trump refused to accept defeat in a free and fair election."
Making investments to facilitate operational improvements—and financing those investments in a way that preserves cash flow—will be critical to sustainable growth. Here is what manufacturers should consider to make the most of this opportunity when it comes to achieving value from waste streams.
More than a third of manufacturers say the Covid-19 pandemic is a catalyst for increasing automation, and additional drivers for adding and expanding automation include the need for increased productivity and a shortage of skilled workers, according to a new survey from MC Machinery of Elk Grove Village, Illinois.
Despite COVID, reshoring is up in 2020 and by year's end total numbers should top more than a million jobs coming back to the U.S. in the last decade, according to a new report from the Reshoring Initiative.