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Category: Manufacturing


Industries, Manufacturing

Orders for US big-ticket factory goods surge 15.8% in May

June 25, 2020

Via: ABC News

WASHINGTON — Orders to American factories for big-ticket goods rebounded last month from a disastrous April and March as the U.S. economy began to slowly reopen. The Commerce Department said that orders for manufactured goods meant to last at least […]


Industries, Manufacturing

Manufacturers show faint signs of revival in May as economy slowly reopens, ISM finds

June 1, 2020

Via: Market Watch

The numbers: American manufacturers are still struggling mightily from coronavirus-related shutdowns and the damage to global trade, but they showed faint signs of revival in May as most states loosened restrictions and people began returning to work, a survey of […]


Industries, Manufacturing

German industrial production down 9.2% in March on virus

May 7, 2020

Via: ABC News

BERLIN — Industrial production in Germany, Europe’s biggest economy, dropped 9.2% in March compared with the previous month as shutdowns around the continent and elsewhere started to bite, official data showed Thursday. The figures reported by the Economy Ministry came […]


Industries, Manufacturing

US factory orders plunge 14.4% as economy grinds to halt

April 24, 2020

Via: ABC News

WASHINGTON — Orders to U.S. factories for big-ticket manufactured goods plunged 14.4% in March, a worse-than-expected performance that underscored the severe impact the coronavirus pandemic is having on the U.S. economy The March follows a 1.1% gain in February, before […]


Industries, Manufacturing

Apple’s iPhone maker expects its China plants to be operating normally within weeks

March 3, 2020

Via: Fortune

Hon Hai Precision Industry Co., Apple Inc.’s most important manufacturing partner, expects its Chinese plants to begin operating normally by the end of March after resolving severe labor shortages brought on by the coronavirus outbreak. The Taiwanese company, which assembles […]


Industries, Manufacturing

Coronavirus is threatening a manufacturing comeback in the Eurozone

March 2, 2020

Via: Fortune

Euro-area factories saw the first clear signs of the coronavirus hitting their business in February, with widespread delivery delays and steep declines in foreign orders. The epidemic, which has spread to the European continent after emerging in China late last […]


Industries, Manufacturing

Coronavirus outbreak to impact steel industry for next 2-3 years: Pradhan

February 17, 2020

Via: Business Standard

The impact of Coronavirus outbreak will be felt on global steel industry for at least two to three years, as China is the largest producer of the alloy, Union Minister Dharmendra Pradhan said on Monday. The minister also asked Indian […]


Industries, Manufacturing

UK economy stalls in fourth quarter of 2019 as manufacturing shrinks

February 11, 2020

Via: Business Standard

Britain’s economy saw zero growth in the final quarter of last year as manufacturing shrank heading into the country’s general election that unlocked Brexit, official data showed Tuesday. “There was no growth in the last quarter of 2019 as increases […]


Industries, Manufacturing

Trump promises 100,000 new ‘high-paying’ auto jobs — but are they a sure thing?

February 7, 2020

Via: Market Watch

If you’re looking for work, would the auto industry provide job security? President Trump promised “nearly 100,000 new high-paying American auto jobs” in his State of the Union address Tuesday, a result of the U.S.-Mexico-Canada Agreement (USMCA). He added that […]


Industries, Manufacturing

Aston Martin gets a $656 million lifeline led by Formula One billionaire as it runs low on cash

January 31, 2020

Via: Fortune

Aston Martin Lagonda Global Holdings Plc secured a 500-million-pound ($656 million) lifeline to restore the balance sheet and help build a new sport-utility vehicle after agreeing to sell a minority stake to billionaire Lawrence Stroll. The deal agreed late Thursday […]