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IN THE NEWS with Fastener News Desk the Week of July 31, 2023

Fastener News Desk

This situation led us to establish a factory as it caused an increase in freight costs and negatively affected our competitiveness. “We are establishing a production facility in America” Uysal shared his new term investment goals as follows: “The USA is an important market for us. Our factory will be completed in 1.5

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Manufacturing PMI® at 48.4%; December 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

With Business Survey Committee panelists reporting softening new order rates over the previous seven months, the December composite index reading reflects companies’ slowing their output. Copper; Electrical Components (2); Electricity (2); Electronic Components (25); Freight*; Labor — Temporary (4); Semiconductors; and Zinc.

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

The Manufacturing PMI ® is a composite index based on the diffusion indexes of five of the indexes with equal weights: New Orders (seasonally adjusted), Production (seasonally adjusted), Employment (seasonally adjusted), Supplier Deliveries, and Inventories (seasonally adjusted). Data and Method of Presentation.