News for September 2010

News Archive

August PMI Index Bodes Well for Manufacturing

The Institute for Supply Management, or ISM, pegged the August PMI index at 56.3% for August—an indication of manufacturing growth.

Printed Circuit Board Shipments Heat Up in August

Rigid PCB shipments and flexible circuit shipments were up 24.3 percent and 35.7 percent in August, respectively, according to the latest report from the Association Connecting Electronic Industries, or IPC.

Boeing Earns $5.3 billion Contract from the U.S. Navy

Under the terms of the agreement, Boeing will deliver 66 F/A-18E/F Super Hornets and 58 EA-18G Growlers to the U.S. Navy from 2012 through 2015.

Organizers Promise a Bigger, Better FABTECH 2010

Show's expansive format embraces virtually all levels of the manufacturing supply chain.

PCRG Expands Lab, Relocates

Move allows additional testing capabilities.

GM Announces Ambitious Investment Plan

General Motors Co. recently announced plans to spend $483 million and add 483 jobs building current- and next-generation Ecotec four-cylinder engines at its powertrain complex in Spring Hill, Tenn.

Boeing to Ramp up 737 Production

Boeing recently announced plans to increase the production rate for the Next-Generation 737 program to 38 airplanes per month in the second quarter of 2013.

IMTS Show a Hit for Exhibitors, Attendees

Exuberant turnout bodes well for state of U.S. manufacturing, organizers say.

Marc Fooksman, ITW, Inducted into the PCI's Hall of Fame

Powder coating industry veteran recognized for numerous contributions.

U.S. Industrial Production Edges Upward in August

Output rose 0.2 percent in August after a downwardly revised increase of 0.6 percent in July, according to the Federal Reserve.

Survey Says: Metalformers Cautiously Optimistic About Short-Term Business Outlook

The newly released September 2010 Precision Metalforming Association Business Conditions Report indicates metalforming companies expect steady sales during the next three months. Optimism, however, is tempered by a soft economic environment

Boeing Announces Realignment of Military Aircraft Business

Plans call for the consolidation of six Boeing divisions to four as aircraft manufacturer adjusts to current business environment.

Pioneer Metal Finishing Acquires Nimet Industries

Latest purchase marks Pioneer’s seventh location.

U.S. Auto Sales Downshift in August

Sales of automobiles stalled in August, dropping a staggering 21% from this time last year.

PMI Index Inches Up in July

U.S. economic activity in the manufacturing sector expanded in August for the 13th consecutive month, according to the Institute for Supply Management’s PMI Index.

Printed Circuit Board Shipments Rise in July, IPC Report Shows

The latest survey from the Association Connecting Electronic Industries, or IPC, shows rigid printed circuit board shipments were up 23.9 percent, while bookings increased 34.4 percent in July 2010 from July 2009.