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Precision Machining Index Experiences Third Month of Contracting Activity
The Precision Machining Index registered 45.9 in September, which marks for a third month of quickening contraction of business activity as reported by surveyed precision machinists.
Read MoreLack of Cybersecurity Skills in Manufacturing Leads to Career Program, and Other Workforce Development News
The Siemens Foundation has provided a $1.25 million grant for a comprehensive workforce development program for cybersecurity in manufacturing; Hudson Valley Community College’s new 37,000-square-foot facility will allow the college to double enrollment in the manufacturing program; and Mitsubishi Electric Automation Inc. conducted a training and workforce development program for some students in Houston, Texas.
Read MoreWhen You Know it’s Right
Unfortunately, not all major decisions are this easy. This life-changing choice, though, is a no-brainer.
Read MoreLook Beyond the Benchmark
Shops that aim for traditional benchmarks could be limiting their progress. Instead, companies should focus on what they believe in or stand for beyond what they sell or make.
Read MorePMI Trends Lower on Weak Backlogs, Employment
The August PMI indicates that both foreign and domestic new orders contracted in August, but at a lesser rate than in July. Should these readings continue to close in on the 50 mark in the coming months, it will indicate a stabilization in the demand for production machined goods.
Read MoreLife Lessons Learned Teaching Those Behind Bars
I was excited to visit the prison to teach entrepreneurship and job search skills to the mavericks, but I was not prepared for what they would teach me.
Read MoreBeing Social is Networking
Networking involves putting oneself in a position to make connections and making an effort to communicate. It’s a social thing, regardless of whether the Internet is a part of it.
Read More25 Lessons in 25 Years
“We’re going to need someone to run the company. Do you think you can do it?”
Read MoreChange the Perception of Manufacturing—Host or Sponsor an MFG Day Event
MFG Day events often serve as the first step toward a manufacturing career for curious students. Here's why you should host one.
Read MoreEmployment and Supplier Deliveries Lead PMI
The Precision Machining Index (PMI) ended 32 consecutive months of expanding activity readings with a July reading of 47.1. Readings above 50 indicate expanding activity and values below 50 indicate contracting activity.
Read MorePick Up the Pieces
Here’s an assortment of random thoughts for the month, from current events to upcoming Production Machining content.
Read MoreStorytelling is the New Business Currency
Storytelling helps people show the world that their businesses are not like everyone else’s.
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