Infographic: Manufacturing Industry Serves Up New Risks

Based on a new report, this infographic looks at the top industry risks facing manufacturers.

Rick Schreiber

Jun 22nd, 2016

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Rick Schreiber is the National Leader of BDO’s Manufacturing & Distribution practice.

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Cummins Cutting 2,000 Jobs in 2020

The engine and power generation equipment maker cited faster-than-expected demand slowdown making the cuts necessary.

In this Oct. 28, 2017 file photo, the storefront window of a portrait studio is lit up along a downtown street at dusk in Lumberton, N.C. With a little over one month to go in 2019, small business owners should think about purchases or investments that make good business sense and will give them a break on their taxes.

Small Business Owners Still Have Time to Save on 2019 Taxes

Owners with available cash and a wish list should consider what equipment they need.

Continental Restructuring Includes Closing VA Hydraulics Plant, 5K Jobs Cut

The auto parts supplier confirmed it will close five plants total by 2028 and will end its business in hydraulic components for gasoline and diesel engines.

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ERP into the Future

ID chats with DDI Systems' Jennifer Luizzi about ongoing trends in ERP systems, and what's to come.

Stanley B&D to Reduce Headcount, Plants Amid Slowing Demand

SBD outlined a cost-reduction plan that includes adjusting total headcount and production footprint in response to weakened industrial demand and the impact of tariffs.

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In Owners' Divorces, Businesses can Become Part of the Fight

Even when ownership isn't at stake, the rancor and uncertainty around a divorce can take a toll on a company.

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Continental to Restructure Business, Spin Off Powertrain Unit

The car parts maker alludes the move is part of its pivot to supporting ongoing business around vehicle electrification.

In this Sept. 18, 2019 photo, a new heavy duty Caterpillar grader awaits modification at Puckett Machinery Company in Flowood, MS.

Slowing Global Economy Hits Caterpillar in Q3

The equipment and machinery maker's revenue and sales declined by about 6 percent as dealers slashed inventories by about 400 percent.

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Pfizer to Buy Array BioPharma in Deal Worth $11.4 Billion

Pfizer is delving deeper into cancer research with a roughly $11.4 billion deal for Array BioPharma, a drug developer that has seen its shares soar since announcing positive clinical trial results earlier this spring.

Lockheed Martin Announces $142M Expansion of Arkansas Plant

The Maryland-based company on Monday announced the expansion of its plant in Camden, about 85 miles southwest of Little Rock. The Camden facility currently employs about 700 workers.

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U.S. Industrial Production Rose in May, but Factories Struggle

U.S. industrial production improved in May, but manufacturers showed weakness despite eking out a slight gain.

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French State: We Didn't Veto Renault-Fiat Chrysler Deal

France's finance minister says the government didn't oppose a merger deal between carmaker Renault and Italian-American rival Fiat Chrysler.

In this Jan. 10, 2019, file photo, Nebraska Attorney General Doug Peterson waits to be sworn in at the State Capitol in Lincoln, Neb. Image credit: AP Photo/Nati Harnik, File

In Opioid Lawsuits, 1 State Opts to Stay on the Sidelines

Nebraska Attorney General Doug Peterson has fought prescription opioid abuse through public education campaigns, worked with lawmakers to tighten up prescribing practices and even demanded documents from the maker of OxyContin.

HP Opens New 150,000-Square-Foot 3D Printing and Digital Manufacturing Center of Excellence

Today, HP Inc. opened the doors to its new 3D Printing and Digital Manufacturing Center of Excellence in Barcelona, Spain.