Manufacturing production is expected to fare better than the overall economy, with anticipated growth of 3.1 percent in 2014 and 4.1 percent in 2015. The 2014 forecast is a slight decrease from the 3.2 percent predicted in the September forecast; the 2015 projection is unchanged.
Many outside the manufacturing world probably think that in the aftermath of Toyota’s “sudden unintended acceleration” issues beginning in 2009, in which they would end up recalling millions of vehicles, the automotive industry would have implemented better quality standards. Turns out that's not exactly the whole story.
On April 24, the Rana Plaza, an eight-story commercial building in Savar collapsed, leaving hundreds dead and many more trapped within the rubble. Survivors said the building had cracked severely the day before, and that police had ordered an evacuation, but there was no action on the factory’s management.
Ford Motor Company has recently announced that it is piloting new software from Siemens that enables it to virtually "swoop in" to any assembly plant and navigate around the floor. The company hopes this new development will help its employees improve global collaboration and share best practices between various assembly lines.
Spanning nine European countries, Hitachi Consulting’s survey aimed to identify the extent to which supply chain management activities and priorities are aligned with a strategic transformation agenda. The survey found that a little over half of the respondents (55 percent) do not regard their business’s supply chain as a fundamental source of business value.
There's something different about the gin and tonics they mix at Rickhouse bar on San Francisco's Kearny St. And it tastes a lot like... exclusivity. Its real name is Quinetum, but its game is selling customers on the idea of seeking out bars that serve up cocktails with hard-to-find ingredients.
Unlike other frameworks or standards, CMMI isn’t a compliance exercise, and doesn’t require adherence to a particular methodology, such as Six Sigma or Lean. It’s methodologically agnostic, which means that rather on focusing on how to do something, it focuses on what needs to be done.
The Food and Drug Administration is taking new action to help phase out the use of antibiotics in meat.The agency announced Wednesday that it will ask pharmaceutical companies to voluntarily stop marketing drugs that are important for treating human infection for use in animal production.
The United States and Russia are marking the end of a 20-year program to convert highly enriched uranium from dismantled Russian nuclear weapons into fuel for U.S. power plants.The final shipment arrived in Baltimore this week. The shipment was loaded last month from St. Petersburg, Russia.
Researchers are concerned that the unsustainability of Moore’s law might mean the end, or at least the abrupt slowing down, of electronic development at the height of the digital era. That could herald a very dangerous time for U.S. manufacturing and consumers.
The Czech brewery Budejovicky Budvar NP says a Portuguese trade court has upheld a decision prohibiting its rival, Anheuser-Busch InBev, from using the Budweiser name in the country. State-owned Budvar says the ruling bans AB InBev, the world's largest brewer, from selling its beer under the Budweiser name in Portugal.
Fisher-Price is selling an infant seat with an attachment where parents can insert an iPad so baby can watch video content aimed at the youngest children — an idea that is being criticized by the Campaign for a Commercial-Free Childhood.
About 75 percent of young women believe the U.S. needs to do more to bring about equality in the workplace, a new study finds, despite a narrowing pay gap and steady employment gains for women at higher levels of business and government.
A judge gave preliminary approval Tuesday to failed electric-vehicle maker Fisker Automotive's description of its proposed bankruptcy plan, despite expressing concerns that the bankruptcy case was moving too rapidly.
Texas-based Bell Helicopter says it is building a helicopter assembly plant in Lafayette to assemble the company's new line of SLS — Short Light Single — helicopters. The project, announced Tuesday by Gov. Bobby Jindal and Bell Helicopter CEO John Garrison, will bring the first modern-era aircraft assembly facility to Lafayette Regional Airport.
U.S. Senate and House negotiators are planning to provide as much as $90 million to keep the production line running at an Ohio tank manufacturing plant.The money for the Joint Systems Manufacturing Center is included in the defense bill, which could get congressional approval as early as this week.
The deal to ease those cuts for two years is aimed less at chipping away at the nation's $17 trillion national debt than it is at trying to help a dysfunctional Capitol stop lurching from crisis to crisis. It would set the stage for action in January on a $1 trillion-plus spending bill for the budget year that began in October.
General Motors Co. said Wednesday it will stop making cars and engines in Australia by the end of 2017, with nearly 2,900 jobs to be lost, because of high production costs and competition.The decision could spell the end of car manufacturing in Australia as the industry will be too small for supporting businesses such as parts makers to remain economic.
Smith & Wesson Holding Corp. said Tuesday that its net income fell 20 percent in its fiscal second quarter, even as demand for its handguns rose. The firearm maker's results easily beat Wall Street expectations and its shares soared in after-hours trading.
Akro-Mils has announced new models of its Akro-Tilt Truck line, which are now equipped with forklift channels for easier transportation. These channels allow the trucks to be lifted, moved and maneuvered more easily than ever, using only standard forklift models.