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Industry Expansion Continues
The Precision Machining Index registered slowing growth in June with a reading of 50.9. Readings above 50 indicate expanding activity and values below 50 indicate contracting activity.
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Bringing Work Home
The Reshoring Initiative 2018 data report is now available. A record 1,389 companies announce the return of 145,000 jobs.
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7 Muda Wastes Every Machine Shop Should Eliminate
Applying lean manufacturing concepts, the Flexible Production method can help put a stop to production wastes, specifically for those who use transfer machines or machining centers.
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Introducing Industry Infinity.0, Where the Future has No Limit
Perhaps we are at a center point of the convergence between the exponential economy and Industry 4.0, where the speed at which data is processed and the rate at which industry is innovating collide.
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Industry Expansion Still Looking Up
The Gardner Business Index: Precision Machining expanded at a slightly slower rate as compared with April, registering 54.5 for May.
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Trip to Germany Offers Mix of Business and Pleasure
A recent trip to Germany for Index’s Open House 2019 event proved the perfect opportunity to catch up with the company’s latest news and technology while also taking in some nice tourist activities.
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Horn USA Commits to Thinking Globally, Acting Locally
By moving manufacturing operations closer to the people who use the product, Horn has proven its commitment to the simple philosophy of “think globally, act locally.”
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Employers Can be Their Own Stumbling Blocks in the Battle for Talent
Employers need to make their offer so enticing, the employee must say yes.
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So Many Cutting Tool Options
Life is full of choices. The metalworking industry is no different, and cutting tools are a great example—lots of variations, lots of suppliers. Knowledge is power in the decision making process.
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Breaking Stereotypes in Product Development Practices
Contrary to common practice, manufacturers should consider manufacturing analysis first before moving into detailed product design. CAM first; CAD later.
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