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Daily news and top headlines for manufacturing professionals

Steyr Arms Moving To HQ Near Birmingham, Ala.

December 23, 2013 8:20 am | by The Associated Press | News | Comments

A leading firearms company is moving into new headquarters west of Birmingham. Steyr Arms says it will be up and running in its 33,000-square-foot complex in Bessemer on Jan. 2. The company has been operating in the Birmingham suburb of Trussville. 

Lepage: New Limerick Mill To Add New 20 New Jobs

December 23, 2013 8:19 am | by The Associated Press | News | Comments

Republican Gov. Paul LePage's administration says a mill in northern Maine is expected to add 20 new jobs early next year. LePage's office says the Louisiana Pacific Corporation plant in New Limerick hired 41 new employees last year and is hoping to continue to grow in the new year.

Electrolux To Expand At North American HQ In N.C.

December 23, 2013 7:35 am | by The Associated Press | News | Comments

Gov. Pat McCrory and Commerce Secretary Sharon Decker joined Electrolux Major Appliances North America CEO Jack Truong to announce construction of a new six-floor, 375,000 square-foot facility for marketing, research and development and other company operations.


Financing Deal Set On $1B S. Ind. Fertilizer Plant

December 20, 2013 9:34 am | News | Comments

Ohio Valley Resources president Doug Wilson of Fairfield, Ill., announced Thursday that the Chinese company will provide equity financing for the construction while his company will manage the project near the Ohio River town of Rockport.

Axiall Considers La. For $3 Billion Ethane Plant

December 20, 2013 7:44 am | by The Associated Press | News | Comments

The Atlanta-based chemical manufacturer said it could make a decision sometime early next year. Axiall would invest $1 billion of its own money, while an unnamed partner would put in $2 billion. The plant could open in 2018, creating 225 permanent jobs. An estimated 2,000 to 3,000 construction would be created over four to five years.

2 Companies To Invest $28.6M, Add Jobs In Michigan

December 20, 2013 6:52 am | by The Associated Press | News | Comments

The Michigan Economic Development Corp. this week announced that Circuit Controls Corp. and North American Lighting Inc. are getting incentives approved by the Michigan Strategic Fund. The state says the expansions could mean 112 new Michigan jobs.

Top 13 In 2013, #2: A Year Of Re-Shoring

December 19, 2013 1:00 pm | by Joel Hans, Managing Editor, | Articles | Comments has been covering the “re-shoring” trend for years, but in 2013, the trend finally hit mainstream, and became a real possibility for far more companies than previously thought possible. Re-shoring was discussed in the news and within important economic circles, and even the President mentioned it multiple times during the State of the Union and other key speeches.

Hayes To Expand La. Fabrication Plant, Hire 75

December 19, 2013 12:34 pm | News | Comments

The Hayes Cos. will invest $3 million to expand its metal fabrication plant. Hayes will hire another 75 workers in Pineville, La., paying them $45,000 a year, on average. The company says it's selling more to large clients, including Union Tank Car Co., General Electric Co. and OneSubsea.


Altra Industrial Motion Completes Acquisition Of Svendborg Brakes

December 18, 2013 3:14 pm | News | Comments

Altra Industrial Motion Corp. (Nasdaq: AIMC) today announced the closure of its acquisition of Svendborg Brakes A/S and S.B. Patent Holding ApS, which manufacturing caliper brakes. Headquartered in Vejstrup, Denmark, Svendborg services a number of industrial markets, including oil and gas, mining, metals, material handling and more.

Experts: Boeing Plant Move Unlikely For Illinois

December 18, 2013 11:23 am | by David Mercer, Associated Press | News | Comments

Boeing asked for proposals from interested states after union workers in Washington state rejected a new contract offer. At least 22 states responded, hoping to land a plant that would employ up to 8,500 people. Illinois economic development officials sent the proposal last week. They declined to discuss details, including whether it includes tax breaks or other measures that would require legislative approval.

Equipment Lease Finance Industry Confidence Decreases Slightly At Year-end

December 18, 2013 11:10 am | by The Equipment Leasing & Finance Foundation | News | Comments

Overall, confidence in the equipment finance market is 55.8, a decrease from the November index of 56.9, reflecting industry concerns over uncertainty regarding capital expenditures (capex) and competitive market pressures in 2014, among other issues.

Novelis To Spend $120 Million On Upstate NY Plant

December 18, 2013 9:28 am | News | Comments

Novelis Inc. says it will invest $120 million to install a third aluminum automotive sheet finishing line and expand recycling of automotive scrap at its production plant near Oswego. The company says the expansion will create 90 jobs at its facility in the town of Scriba, and other upgrades to the plant also will be made.

Mercedes-Benz Opening Logistics Center In Ala.

December 18, 2013 8:55 am | by The Associated Press | News | Comments

Mercedes-Benz is opening a new section at its plant in Tuscaloosa County. The German automaker is cutting the ribbon on a $70 million logistics center at its automotive factory in Vance on Wednesday afternoon. Gov. Robert Bentley is among the officials planning to attend the event.


Gov. Cuomo Announces Fuzehub Initiative For Manufacturers

December 16, 2013 1:36 pm | by Joel Hans, Managing Editor, | News | Comments

New York Governor Cuomo last weekend announced the FuzeHub, which aims to connect small- and medium-sized manufacturers (SMEs) with state resources, such as the New York Manufacturing Extension Partnership (MEP) program, economic development agencies and more.

ISM: Economic Growth To Continue Through 2014

December 13, 2013 2:49 pm | by The Institute of Supply Chain Management (ISM) | News | Comments

The manufacturing sector is optimistic about growth in 2014, with revenues expected to increase in 16 manufacturing industries, and the non-manufacturing sector predicts that 14 of its industries will see higher revenues. Capital expenditures, a major driver in the U.S. economy, are expected to increase by 8 percent in the manufacturing sector.

Omega Engineering Expands Into Brazil

December 13, 2013 2:34 pm | News | Comments

OMEGA Engineering will be opening its newest office in Campinas, São Paulo, Brazil, on December 16, 2013, as part of a larger plan to expand business and leadership on a global scale. The company, part of Spectris plc, has been making components for process measurement and control since 1962.

Outlook: 2014 Growth In Equipment And Software Investment

December 12, 2013 10:24 am | by The Equipment Leasing & Finance Foundation | News | Comments

Investment in equipment and software is expected to grow 3.1 percent in 2014 as economic conditions solidify and business confidence continues to recover, according to the Annual 2014 Equipment Leasing & Finance U.S. Economic Outlook released today by the Equipment Leasing & Finance Foundation. Equipment investment is expected to grow across most verticals.

U.S. Cutting Tool Consumption Up 13.1 Pct. In October

December 11, 2013 3:17 pm | by The United States Cutting Tool Institute (USCTI) | News | Comments

October U.S. cutting tool consumption totaled $176 million, according to the U.S. Cutting Tool Institute and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 13.1 percent from September’s total but down 5.8 percent from October 2012.

MAPI Forecast: Moderate Growth From A Deep Recession

December 11, 2013 1:56 pm | by The Manufacturers Alliance for Productivity and Innovation (MAPI) | News | Comments

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.

Automotive Insights 2: Re-Shoring And The Southeast

December 9, 2013 10:27 am | by Joel Hans, Managing Editor, | Videos | Comments

In the second part of Automotive Insights, sponsored by Omni-ID, we’re talking how re-shoring and the Southeast’s rise is changing American automaking. Over the last few years, the automotive industry has seen more foreign manufacturers, like Toyota, Honda, and Volkswagen, establishing manufacturing operations here in the U.S. What has been game-changing for many is their decision of where in the U.S. to manufacture.

Mohawk Industries To Expand 2 Georgia Plants

December 5, 2013 8:09 am | News | Comments

Governor Nathan Deal has announced that flooring manufacturing company Mohawk Industries is planning to renovate two facilities in northwestern Georgia and create more than 400 new jobs. Deal said Wednesday that Mohawk industries is planning to invest $85 million in the renovation of two facilities in Rome and Dalton over the next two years.

ISM: A Good Solid Month For Manufacturing

December 4, 2013 9:39 am | by Jon Minnick, Associate Editor, Manufacturing Business Technology | Articles | Comments

Economic activity in the manufacturing sector expanded in November for the sixth consecutive month, and the overall economy grew for the 54th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.

Construction Begins On Cheese Plant In Brookings

November 29, 2013 9:16 am | News | Comments

The Bel Brands USA facility is on track to be completed late next year and product testing will begin in March. Bel Brands makes Mini Babybel and The Laughing Cow cheese wedges. The company has said it will invest about $100 million in the plant that will employ 200 people initially.

Small Spartanburg Textile Company Now Thriving

November 29, 2013 9:09 am | by Trevor Anderson, (Spartanburg) Herald Journal | News | Comments

In a landscape dotted with massive crumbling relics of Spartanburg County's textile heritage, it might seem impossible for a smaller outfit to beat the odds. But Green Textile Associates Inc., which has been family-owned for four generations, has continued to thrive. The company will celebrate its 76th anniversary this year.

VW Expanding Warehouse At Chattanooga Plant

November 29, 2013 9:04 am | News | Comments

German automaker VW has begun construction at its Chattanooga plant for an extension of its assembly parts shop warehouse. The extension will triple the warehouse capacity to more than 300,000 square feet. It is expected to be completed by August. The on-site expansion will eliminate the need for two external staging warehouse.

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