AML3D to deliver prototype parts for BAE Systems
Manufacturer's Monthly
OCTOBER 26, 2022
The purchase contract for prototype Hunter class components follows a commercial validation testing program, initiated in October 2020.
UK manufacturers report steep fall in output
E&T
DECEMBER 19, 2022
The volume of goods and services produced by factories fell by 9 per cent in the three months to December – a steep drop from the 18 per cent rise in output reported in the previous three months to November, and means it contracted at the fastest pace since September 2020.
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Report: Downturn in Canadian manufacturing continues in October
Automation Mag
NOVEMBER 1, 2023
Similarly, product shortages and delays in transport were reported by firms to have led to the greatest lengthening in average lead times for eight months. However, optimism was down noticeably compared to September, sinking to its lowest level since May 2020. Market conditions also reportedly worsened in October.
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Report: Canadian manufacturing sector faces toughest month of 2024
Automation Mag
AUGUST 1, 2024
Supply chain delays were also noted, whilst firms reduced their purchasing activity and reported a fall in sentiment to its lowest level since May 2020. Sales to foreign clients declined in July for the eleventh successive month and to the steepest degree since May 2020. Charges rose only marginally.
Manufacturing PMI® at 46.5%; October 2024 Manufacturing ISM® Report On Business®
Fastener News Desk
NOVEMBER 4, 2024
The overall economy continued in expansion for the 54th month after one month of contraction in April 2020. (A percent, over a period of time, generally indicates an expansion of the overall economy.) Suppliers continue to have capacity, with lead times improving and some shortages reappearing. Fiore , CPSM, C.P.M.,
Report: Canadian manufacturing industry contracts for fifth consecutive month in September 2023
Automation Mag
OCTOBER 2, 2023
It was the fifth successive month that a deterioration in operating conditions has been registered, and the latest PMI number was the lowest since May 2020. The PMI is a composite single-figure indicator of manufacturing performance derived from indicators for new orders, output, employment, suppliers’ delivery times and stocks of purchases.
Soft Skills Prove a Sharp Edge in Plastics Manufacturing
Modern Machine Shop
APRIL 6, 2025
This includes the pandemic, when a surge in the medical market helped make up for lower demand in other markets — and for the challenges of moving into and renovating its current 10,000-square foot facility, which Mark and Nancy had only just purchased at the start of 2020.
ESA forecasting service will protect satellites from solar storms
E&T
AUGUST 10, 2023
The forecast service is freely available through the ESA Space Weather Service and offers a warning with a lead time of around 15 hours. In 2020, Nasa and ESA launched the Solar Orbiter , the first satellite to provide close-up views of the Sun’s polar regions.
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AIB Ireland Manufacturing PMI: New orders fall at faster rate in December
AU Manufacturing
JANUARY 2, 2023
The rate of decline signalled in the final two months of 2022 was not as severe as the lockdown-related downturn in March-May 2020, but slightly stronger than that registered on average during the second half of 2019. Outstanding business fell for the eighth month running, and at the fastest rate since June 2020.
Report: Canadian manufacturing growth contracts in March
Automation Mag
APRIL 4, 2023
According to S&P Global, the PMI in March was the lowest reading recorded by the index since June 2020 and represented a modest deterioration in operating conditions. These are welcome developments given their roles in constraining manufacturing sector performance since the onset of the pandemic in 2020. in February.
US Manufacturing PMI inched up to 47.7% in February
AU Manufacturing
MARCH 6, 2023
In the last two months, the Manufacturing PMI has been at its lowest levels since May 2020, when it stood at 43.5 This figure, which came in below the market expectation of 48, represents the third month of recession for the total economy following a 30-month growth. per cent, the latest update found.
Innovation With the Additive Advantage
Additive Manufacturing
JULY 28, 2022
AM delivers agility, consolidation and savings on lead-times, costs and resources. In 2020, Northrop Grumman shipped 10 rocket motor segments from Promontory, Utah, to the Kennedy Space Center, where the motor segments were assembled into two separate solid rocket boosters. 3D Printing in Action.
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AML3D to manufacture Hunter class frigate components for BAE Systems Australia
AU Manufacturing
OCTOBER 25, 2022
The Hunter class frigates contract follows a commercial validation testing, which proved that AML3D’s WAM technology is a cost-effective manufacturing solution with the potential to minimise lead times and meet BAE Systems Australia’s internal standards for additive manufactured components. .
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Siemens Announces new Strategic Collaboration with Xerox® Elem™ Additive Solutions
Fabricating & Metal Work
FEBRUARY 13, 2023
In fiscal 2020, Siemens Group USA generated revenue of nearly $20 billion. About Xerox Elem Additive Solutions Determined to advance the additive industry, Xerox Elem Additive Solutions provides hardware and software solutions that equip manufacturers with the tools to reduce costs, eliminate long lead times and improve part performance.
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Assessing The Rising Input Costs Associated With The Global Pandemic
Donlouco
APRIL 29, 2021
There is no doubt that there has been an upward trend on metal prices for some time now initially for copper and aluminium driven by the demand for EV’s globally, but this trend has accelerated hugely in recent times and migrated into the steel industry also. Fig 2: Source : Financial Times. Increasing Sea Freight Costs.
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UK prepares digital pound public consultation
E&T
JANUARY 10, 2023
It will be a long lead-time activity.". In 2020, the Bank of England first stated that it was considering the introduction of an electronic form of central bank money that could be used by households and businesses to make payments, alongside cash and money held in bank accounts. We have got to get them right.
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Optimas Solutions Elevates Mike Tuffy and Daniel Harms to Dual-CEOs
Fastener News Desk
OCTOBER 12, 2022
The decision to implement a dual-CEO structure evolves the organizational model established in 2020 with autonomous, yet connected, business units. Manufacturing Capabilities to expand capacity, improve output and reduce lead time for customers. Their leadership, partnership, and results have exceeded expectations.”.
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Vertical Integration, Automation Helping 3D Printed Spine Implant Manufacturer Scale Production
Modern Machine Shop
MAY 13, 2025
Bringing passivation in house (and potentially other steps in the future) gives the implant manufacturer greater control over its process, which in turn can mean faster lead times as well. The shipment was insured, but recovering the cost of the parts still left the customer without a product until they could be remade.
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Report: Canadian manufacturing industry’s growth accelerates in February 2023
Automation Mag
MARCH 1, 2023
In February, input prices rose to the slowest degree since July 2020 amid reports that greater stability in supply chains was placing some downward pressure on costs. Although average lead times continued to lengthen, reflective of residual raw material shortages at suppliers, they did so again at a historically slow pace.
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AIMS Metrology Brings Full Range Of Turnkey 5-Axis CMM Tech to IMTS
Fabricating & Metal Work
AUGUST 10, 2022
With lead times for new and leased equipment continuing to grow, AIMS’ proactive business model supports job shops and manufacturers on another front. “We AIMS expanded its line in 2020 with the Summit 10.10.10 That includes programming, custom holding fixtures, tooling, automation, service and support.”.
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A legacy of capability
Manufacturer's Monthly
MARCH 6, 2024
The year 2020 saw the formation of a National Sustainability Committee, indicative of a structured approach to sustainability goals. Customers recognise there is far greater supply-chain risk and longer lead times with imports. It doesn’t take much to go wrong with global aluminium supply for local firms to be left high and dry.”
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Manufacturing PMI® at 47.4%; January 2023 Manufacturing ISM® Report On Business®
Fastener News Desk
FEBRUARY 3, 2023
The Manufacturing PMI ® figure is the lowest since May 2020 , when it registered a seasonally adjusted 43.5 “New order rates remain depressed due to buyer and supplier disagreements regarding price levels and delivery lead times; these should be resolved by the second quarter. percent, 2.6
Five Reasons You Shouldn’t Say “No” to Automation
Fabricating & Metal Work
NOVEMBER 2, 2023
North America will lead the charge with the largest market share. Since 2020, we’ve doubled our business in helping machine tool job shops automate, and we expect even greater growth going forward. For smaller jobs, this results in lead times expanding as they simply can’t keep up. Our own experience echoes the trend.
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Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®
Fastener News Desk
APRIL 3, 2023
The Manufacturing PMI ® is at its lowest level since May 2020 , when it registered 43.5 Supply chains are now ready for growth, as panelists’ comments support reduced lead times for their more important purchases. Hydraulic components are still facing extended lead times. percent, 2.7 percent.
Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®
Fastener News Desk
AUGUST 3, 2022
New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers’ Inventories Too Low; Prices Increasing at a Slower Rate; Exports and Imports Growing; Record-Long Lead Times for Production Materials and MRO Supplies. percent is a 1.4-percentage
Report: Canada’s manufacturing economy hits lowest point since July 2024
Automation Mag
MARCH 3, 2025
Understandably, manufacturers grew increasingly downbeat about the future, with confidence at its lowest level since a series record low was registered in April 2020. This meant firms also adopted an increasingly cautious approach to purchasing and employment, with cuts made in each case since January.”
IN THE NEWS with Fastener News Desk the Week of July 11th, 2022
Fastener News Desk
JULY 12, 2022
This figure indicates expansion in the overall economy for the 25th month in a row after a contraction in April and May 2020. This is the lowest Manufacturing PMI® reading since June 2020, when it registered 52.4 “The June Manufacturing PMI® registered 53 percent, down 3.1 percentage points from the reading of 56.1 percent in May.
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Ather Energy Selects Siemens Xcelerator Portfolio to Speed Development of Electric Mobility Solutions
i4.0 today
FEBRUARY 1, 2024
In 2018, it launched India’s first truly intelligent electric scooter – Ather 450, followed by the new flagship offering Ather 450X in 2020, the 450S in 2023 and Ather’s special edition scooter, the Ather 450 Apex in January 2024. In the fast-evolving EV industry, speed to market is an important lever to succeed.
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Yamaha to Present Latest Robots for Advanced Automation at Motek 2022
i4.0 today
JULY 19, 2022
They include the RCX-Studio 2020 for programming SCARA, cartesian, and LCMR200 systems, and a software toolkit for RCX3 series controllers. In addition, the Robonity controller and software tools for offline configuration and real-time performance monitoring ensure the best performance from single-axis robots. DiscoverYamahaRobotics.
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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®
Fastener News Desk
JANUARY 8, 2023
The Manufacturing PMI ® figure is the lowest since May 2020 , when it registered 43.5 percentage points compared to the November figure of 43 percent; this is the index’s lowest reading since April 2020 (35.3 The PMI ® registered its lowest level since May 2020 , when the index was 43.5 Fiore , CPSM, C.P.M.,
Sandvik Coromant Helps Electric Vehicle Manufacturers Compete
Fabricating & Metal Work
OCTOBER 4, 2022
million new EVs were registered in Europe in the first six months of 2021, compared to 413 during the first half of 2020. The method works particularly well in mass production, where short lead times are vital. Meanwhile, Virta reports that 1.06
Learning From Additive Manufacturing Qualification In The United States Marine Corps
Additive Manufacturing
DECEMBER 7, 2022
In March of 2020, the Department of the Navy published Marine Corps Order 4700.4 This reduces inventory challenges, eliminates long-lead times, and increases overall resiliency. This indicates that the Marines are a temporary and specialized force that operate on different timelines and mission objectives.
The electric steel dilemma and its impact on motor vendors
Control Engineering
AUGUST 17, 2022
As this trend progresses, it will impact vendors’ ability to secure the electric steel necessary for production, resulting in longer lead times and higher prices for customers. It is no surprise then that the average selling price of an electric motor is up 35-40% compared to January of 2020. Final thoughts.
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Manufacturing PMI® at 48.5%; June 2024 Manufacturing ISM® Report On Business®
Fastener News Desk
JULY 3, 2024
The overall economy continued in expansion for the 50th month after one month of contraction in April 2020. (A percent, over a period of time, generally indicates an expansion of the overall economy.) Suppliers continue to have capacity, with lead times improving and shortages not as severe. Fiore , CPSM, C.P.M.,
Manufacturing PMI® at 47.2%; August 2024 Manufacturing ISM® Report On Business®
Fastener News Desk
SEPTEMBER 5, 2024
The overall economy continued in expansion for the 52nd month after one month of contraction in April 2020. (A percent, over a period of time, generally indicates an expansion of the overall economy.) Suppliers continue to have capacity, with lead times improving and shortages not as severe. Fiore , CPSM, C.P.M.,
Assured success
Manufacturer's Monthly
DECEMBER 11, 2023
We got our first investment in 2019 with a plan to go to market at around mid 2020, but obviously that did not happen in the peak of COVID-19 lock downs,” he said. The delay to our launch was actually beneficial, it allowed us to spend more time testing and ensuring we were creating a very robust product.
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How to Start a 3D Printing Service Bureau
Additive Manufacturing
MARCH 13, 2023
Reach out to those contacts and do everything you can to learn about their knowledge of 3D printing, typical lead times for part services, in-house fabrication capabilities and make a list of common challenges they are experiencing. Begin with your own network and start identifying potential customers.
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Stronger together: WA Super Branch supports national supply network
Manufacturer's Monthly
OCTOBER 17, 2022
In 2020, the originally separate BSC and CBC branches merged, providing a much more holistic service to the area,” he said. “We It is here that Steve Burgess, regional business manager for Motion Australia, oversees the company’s WA Super Branch – a one-stop shop for all things industrial supply. “In
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Manufacturing PMI® at 47.7%; February 2023 Manufacturing ISM® Report On Business®
Fastener News Desk
MARCH 5, 2023
In the last two months, the Manufacturing PMI ® has been at its lowest levels since May 2020 , when it registered 43.5 “New order rates remain sluggish due to buyer and supplier disagreements regarding price levels and delivery lead times; the index increase suggests progress in February. percent recorded in January. .
Diving Deeper Into Machine Monitoring Data
Modern Machine Shop
FEBRUARY 16, 2023
” In 2020, AMF was transitioning to an all-digital scheduling system. The leadership team discusses this data in weekly meetings, and account managers use it to determine how aggressive they can be in quoting lead times to customers. We also still do a lot of machined components for assemblies.”
Norm Fasteners Celebrating 50 Years & Three Generations
Fastener News Desk
OCTOBER 13, 2023
FND: Will having a manufacturing center in the US allow your company to provide clients competitive pricing and avoid long lead times? NF: It is too early to say a “decrease in production lead times” but it definitely will decrease the transportation lead times.
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Embracing Automation: Strategies for Small to Medium-Sized Machine Shops
Modern Machine Shop
APRIL 22, 2024
Nicole Wolter, CEO of power transmission component manufacturer HM Manufacturing , says she started thinking about automating in 2018 but didn’t jump in until the pandemic hit in 2020 and the shop was forced to run on limited staffing for social distancing and began falling behind on lead times.
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Report: Canadian manufacturing remains in contraction territory in November
Automation Mag
DECEMBER 1, 2022
The average lead times lengthened and extended the current sequence of below-par performance to well over three years. However, in a sign of loosening supply-chain pressure, the incidence of delays was the weakest since early 2020 and below the long-run survey average.
Manufacturing PMI® at 46.8% July 2024 Manufacturing ISM® Report On Business®
Fastener News Desk
AUGUST 3, 2024
The overall economy continued in expansion for the 51st month after one month of contraction in April 2020. (A percent, over a period of time, generally indicates an expansion of the overall economy.) Suppliers continue to have capacity, with lead times improving and shortages not as severe. Fiore, CPSM, C.P.M.,
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