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Daily news and top headlines for manufacturing professionals

Six Key Predictions For Manufacturing In 2015

December 15, 2014 10:02 am | by John Zegers, Director, Georgia Center of Innovation for Manufacturing | Articles | Comments

The face of manufacturing in America has undergone more woeful changes than many of us in the industry care to remember. The recent past has been particularly painful, with economic downturns driving manufacturing overseas to take advantage of lower labor costs, and a generally depressed level of manufacturing...

Manufacturing In NY Contracts In December

December 15, 2014 9:57 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Manufacturing activity in New York state shrank in December for the first time in nearly two years, pulled down by a drop in orders and shipments. The Federal Reserve Bank of New York said Monday that its Empire State Manufacturing index dropped to negative-3.6 in December from 10.2 the previous month. Any figure...

NAM CEO Responds To NLRB In Video

December 15, 2014 9:44 am | by Jamie Hennigan and Mallory Micetich, National Association of Manufacturers | Videos | Comments

National Association of Manufacturers (NAM) President and CEO Jay Timmons delivered the following video statement on the National Labor Relations Board’s upcoming decision to drastically change longstanding labor policy and dramatically shorten the time-frame for union elections.  "Economic growth, job...

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Factory Output Eclipses Pre-Recession High

December 15, 2014 9:25 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. manufacturing output in November surpassed its pre-recession peak, as auto production kicked into a higher gear. The Federal Reserve says factory production rose 1.1 percent last month, up from a 0.4 percent improvement in October. Manufacturing output has risen 4.8 percent over the past 12...

AAM: Growing Trade Deficit With China Costs U.S. Jobs

December 12, 2014 2:43 pm | by Alliance for American Manufacturing | News | Comments

America’s surging trade deficit with China has cost more than 3.2 million U.S. jobs – the overwhelming majority of them in manufacturing – according to a study released today by the Economic Policy Institute (EPI). “I am outraged that 3.2 million U.S. jobs have been lost due to the growing trade deficit with...

Poll Reveals Americans' Stance On Limiting Carbon

December 12, 2014 1:09 pm | by Dina Cappiello, The Associated Press | News | Comments

When Republicans take control of Congress next month, top on their agenda will be undoing environmental regulations they claim will harm the economy, chief among them President Barack Obama's plans to limit heat-trapping carbon pollution from coal-fired power plants. The results of....

China's Factory Output Growth Declines

December 12, 2014 12:57 pm | by Joe McDonald, AP Business Writer | News | Comments

Growth in China's factory output declined further in November in a new sign of weakness in the world's second-largest economy. Industrial production rose by 7.2 percent over a year earlier, government data showed Friday. That was down from October's 7.7 percent growth and September's 8 percent...

Cheaper Gas, Food Lower U.S. Producer Prices

December 12, 2014 10:17 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

Falling gas and food costs pushed down overall U.S. wholesale prices last month, evidence that cheaper oil worldwide is limiting inflation. The Labor Department said Friday that the producer price index fell 0.2 percent in November, after rising by the same amount in October. In the past 12 months, producer...

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Holiday Shopping Boosts U.S. Retail Sales

December 12, 2014 10:06 am | by Josh Boak, AP Economics Writer | News | Comments

U.S. retail sales perked up in November, as cheaper gas and an improving job market fueled a promising start to the holiday shopping season. Retail sales rose a seasonally-adjusted 0.7 percent, the most in eight months, the Commerce Department said Thursday. Falling gasoline prices dented gas stations receipts...

November Budget Deficit Drops To $56.8B

December 11, 2014 3:10 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The federal government's deficit for the first two months of the new budget year is down 21 percent from the same period a year ago, although much of that improvement stems from quirks in the calendar. The Treasury Department said Wednesday the deficit for November totaled $56.8 billion, a drop of...

Airline Stocks Rise As Oil Price Lift Outlook

December 11, 2014 1:05 pm | by The Associated Press | News | Comments

Shares of major U.S. airlines rose Thursday amid more signs that cheaper fuel will turn into a windfall for the carriers. Delta Air Lines Inc. said that its pretax income will jump to more than $5 billion in 2015, up from an estimated $4.5 billion this year and nearly double the 2013 gain. At current fuel...

GOP Pushes Spending Measure Forward

December 11, 2014 10:46 am | by Andrew Taylor, The Associated Press | News | Comments

Confident House Republicans pressed ahead with a $1.1 trillion government-wide spending bill Thursday despite persistent grumbling among Democrats whose votes they need for passage, and lingering opposition from tea party Republicans who see more in the measure to dislike than...

Manufacturers Seek Women For Hard-to-Fill Jobs

December 11, 2014 10:40 am | by M. L. Johnson, The Associated Press | News | Comments

Some companies looking for welders, machinists, and other skilled workers are turning their sights to women. Federal statistics show that women make up nearly half of the U.S. workforce yet hold less than a third of the nation's 12.2 million manufacturing jobs. Milwaukee-based Harley-Davidson is...

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Altoona Ignition Wire Plant Cutting 160 Jobs

December 11, 2014 10:28 am | by The Associated Press | News | Comments

A central Pennsylvania plant plans to cut 160 of 210 jobs next year as it moves its automotive ignition wire manufacturing operation to another plant in Mexico. The Altoona Mirror reports General Cable will keep its Altoona plant open, but only to make ignition wire assemblies that aren't used in...

Obama Promotes Trade, Tax Fix, Innovation

December 11, 2014 9:47 am | by The Associated Press | News | Comments

President Barack Obama is meeting with corporate advisers and pushing for a simpler tax code for businesses and expanded trade, two policy proposals that are certain to put him at odds with some fellow Democrats as he enters the last two years of his presidency. Obama also was to...

UN Predicts Increased Global Economic Growth

December 10, 2014 2:22 pm | by Cara Anna, The Associated Press | News | Comments

The global economy will grow by more than 3 percent in 2015 and 2016, the United Nations predicted Wednesday, but that growth will be uneven in some regions. The U.N.'s annual economic report says growth edged up in 2014 at an estimated 2.6 percent. The U.N. is forecasting 3.1 percent...

Air Fares Dipping Thanks To Oil Slump

December 10, 2014 2:16 pm | by John Heilprin, Associated Press | News | Comments

Flying could get cheaper next year as airlines say they will finally start passing on some of the savings made on plummeting oil prices. Carriers are forecasting record profits for 2015 thanks to cheaper fuel and rising demand. As a result, they expect to cut the average ticket price by 5 percent in 2015, excluding...

Governor: Detroit Bankruptcy Officially Ending

December 10, 2014 2:07 pm | by Corey Williams, The Associated Press | News | Comments

Detroit is formally emerging from bankruptcy, marking the end of the largest municipal bankruptcy in U.S. history, Michigan Gov. Rick Snyder announced Wednesday. Snyder said during a news conference that the city's bankruptcy will officially end at 12:01 a.m. Thursday, but that paperwork...

Advanced Energy Economy Survey Projects Growth For IA Firms

December 10, 2014 12:42 pm | by Advanced Energy Economy Institute | News | Comments

Advanced energy employment in Iowa is more than 22,000 strong and on pace to reach nearly 24,000 jobs in 2015, according to the first-ever comprehensive industry survey conducted for the Advanced Energy EconomyInstitute. The AEE Institute is a nonprofit educational and charitable affiliate of...

U.S. Job Openings Rise, Hiring Remains Healthy

December 9, 2014 10:40 am | by Christopher S. Rugaber, AP Economics Writer | News | Comments

The number of available U.S. jobs rose in October to the second-highest level in 14 years, and companies kept hiring at a healthy pace, adding to evidence of an improving economy. Job openings increased 3.2 percent to 4.83 million, just below August's total, which was the highest on records...

Looking At Trends In Manufacturing, Logistics: Q&A With Traci Fiatte

December 9, 2014 9:39 am | by Bridget Bergin, Associate Editor | Articles | Comments

We are living in a moment of great change for the manufacturing and logistics industries—vocational training in schools is decreasing, and workforce is tightening. Traci Fiatte, President of General Staffing at Randstad says, “The baby boomers are moving out of the workforce and not...

Pay Going Up For U.S. Workers

December 8, 2014 1:59 pm | by USA Today | Videos | Comments

The latest jobs report showed wages are finally going up, as employers added the largest number of workers in nearly three years in November. USA Today reports on the number of jobs created and a bigger than expected rise in wages and number of hours worked...

Subaru Seeks $118M Tax Break For 4-Mile Move

December 8, 2014 1:29 pm | by Geoff Mulvihill, The Associated Press | News | Comments

Subaru announced plans to move its U.S. headquarters to Camden, just four miles from its current home in Cherry Hill, and said it is seeking $118 million in tax breaks intended to lure jobs to the impoverished city. The move by the fast-growing division...

Economists Forecast Fast Growth In 2015

December 8, 2014 1:24 pm | by Martin Crutsinger, AP Economics Writer | News | Comments

The U.S. economy, helped by a stronger job market and falling oil prices, should enjoy the fastest economic growth in a decade next year, according to a panel of top business economists. The National Association for Business Economics said Monday it expects the overall economy, as measured by the...

McD's Plans Customized Burgers As U.S. Sales Fall

December 8, 2014 10:29 am | by The Associated Press | News | Comments

Hold the pickles, onions, and special sauce. The Big Mac is becoming a victim of finicky tastes. McDonald's is planning major changes in the U.S. as sales continue to slide, including an expansion of a test that lets people build their own burgers by tapping on a touchscreen. The company said...

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