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IndustryNet Blog

Posted by IndustryNet
U.S. manufacturing activity rebounded into expansion territory in June as more facilities reopened, according to the Institute for Supply Management's monthly Report on Business.

According to the ISM, U.S. manufacturing activity shot up 9.5% in June to an expansionary level of 52.6% -- the sharpest increase recorded since April 1980.
Posted by IndustryNet
New York-based industrial controls manufacturer Infitec, Inc. announced today it has added two new product developments to its line of controls and sensors. Drawing on decades of experience, Infitec, Inc produces a vast array of controls, including Time Delay Relays, Timing Modules, Flashers, Liquid Level Controls, AC Phase Controls, DC Speed Controls and both AC & DC Current Sensors.
Posted by IndustryNet
The U.S. Department of Commerce reported June 25th that new orders for U.S. manufactured goods shot up 15.8 percent in May, recovering some of the steep coronavirus-related losses suffered in March and April.

New orders for U.S. manufactured goods stood at $194.4 billion for the month of May, compared to $167.8 billion in April.

May�s significant gain was overwhelmingly led by the transportation equipment sector, which surged by a whopping 80.7%. Transportation equipment orders stood at $46.9 billion in May.

Posted by IndustryNet
Almost overnight, COVID-19 plunged the nation into a recession. With people unable to go to work save for certain critical fields, the virus exposed the interconnectedness of our country's economy in a way never seen before.

Rather than being discreet and insulated industries, every sector relies on other sectors in order to be viable.

As such, manufacturers that had been seeing steadily increasing revenue are suddenly forced to consider new ways of coping with dramatic dropoffs in demand for products and services.
Posted by IndustryNet
In May 2019, there were 4,568 searches for storage tanks on the industrial markeplace IndustryNet. In May 2020, there were 17,561 searches, a nearly fourfold increase. What is causing the hike in demand for industrial storage?
Posted by IndustryNet
U.S. manufacturing business conditions improved slightly, with several new reports released in June pointing to a slow climb back from April's historic losses.

As U.S. industrial companies start to reopen following the protracted shutdowns caused by the coronavirus, jobs are beginning to return and industrial production is starting to climb its way back to normal.
Posted by IndustryNet
Injection molding is an efficient way to produce thousands or even millions of individual pieces in a very short amount of time.

This production efficiency does require a lot of preparation and the right partner. Make sure that you and your supplier are a good fit before signing on the dotted line.
Posted by IndustryNet
Category searches on the industrial marketplace IndustryNet have spiked over the past two months as manufacturers react to COVID-related supply chain disruptions and ongoing tariffs, with many seeking to source stateside.

In May of 2020, industrial category searches on IndustryNet totaled 393,201. This represents an increase of 12% from May�s 2019 category searches, adding to the 42% year-over-year increase we reported for April.

A closer look at the data reveals some compelling trends and provides insight into the U.S. manufacturing climate at present. Certain industries have seen significant spikes in interest, suggesting more domestic sourcing in specific sectors. This post will take a look at the most popular broad category searches on IndustryNet in May.
Posted by IndustryNet
U.S. manufacturing activity recovered some lost ground in May, although the sector remains deeply mired in contraction, according to the Institute for Supply Management's monthly Report on Business.

According to the ISM, U.S. manufacturing activity edged up 1.6% from last month's reading to a level of 43.1%, far below the 50% mark that indicates expansion.

Production, new orders and employment continued to contract over the month, but at a slower rate than previous months. Raw materials inventory grew and exports and imports both contracted.

Posted by IndustryNet
There has been a measurable spike in the demand for industrial tools as the COVID-19 crisis moves from lockdown to open-for-business.

Companies saw their overseas supply chains disrupted by the rapid spread of the virus. Imports from China dropped to the lowest volume in over a decade as companies scrambled to find ways to produce products domestically.

Accomplishing this required tools, and lots of them. According to data from MNI, over 33,000 separate searches for industrial tools were performed during the month of April.
Posted by IndustryNet
As U.S. manufacturers slowly reemerge from a protracted shut down period in response to the coronavirus, some key economic reports reveal an ailing industrial sector, while more recent reports suggest that U.S. manufacturing, though still firmly in contraction, may finally be on the road to recovery.

Today, we're taking a look at overall business conditions, bringing you a roundup of key economic reports for the month and providing insight into what may lie ahead.
Posted by IndustryNet
Forest Scientific Corporation of Pennsylvania announced today that it has updated its look with a new logo.

Forest Scientific President, John Martincic said, "Our logo had the old look for the last 30 years and it was overdue to be updated with a new high tech look for modern times. It is what many customers have called our equipment for a long time. I often hear clients say I have a Forest CNC."
Posted by IndustryNet
Bell Flavors & Fragrances is excited to announce its full line of cannabis-inspired and terpene flavors and fragrances.

These are specifically designed to recreate the flavor and aroma of familiar terpenes, such as Linalool and Limonene, as well as well as popular cannabis strains like Blackberry Kush, Blue Dream, and Pineapple Express.
Posted by Matt Lee of Innovative Building Materials
The world has changed dramatically since the outbreak of the COVID-19 pandemic. Now, more than ever, public health is a top concern for citizens, businesses, and communities everywhere. If you operate or own a commercial space, you have a responsibility to prevent the spread of COVID-19.

However, with so many unknowns, it can be challenging to keep track of the best practices.

How can you ensure that your commercial space is sanitized, cleaned, and as safe as possible?
Posted by IndustryNet
The time has arrived for many manufacturers to being reopening their facilities and commence operations once again. Things will be very different than they were just two months ago, and in order to safeguard your employees and customers alike, you will need new procedures for the foreseeable future.

Federal guidelines laid out by the Trump administration allow for states to adopt a staggered and individualized approach based on their own infection and recovery rates. Due to this state-to-state variability, your company's specific guidelines will vary.

However, the following practices are based on CDC recommendations for safe operations of critical industries, manufacturers and suppliers.
Posted by Don Layyous from Pye Barker Engineered Solutions
Industrial processes across the globe require pumps to operate reliably and efficiently. By minimizing the effects of corrosion and erosion, users can enhance productivity and reduce running costs.

Careful consideration of available options during the specification and purchasing phase can mean the difference between a lifetime of smooth operation versus endless outages, breakdowns, lost production, frustrated production managers and overworked maintenance teams.
Posted by IndustryNet
COVID-19 has thrown globalized supply chains in to complete disarray. Reliable shipments from overseas are nowhere to be found as factories in China are understaffed due to lockdowns or underfunded due to lack of orders.

This reality is forcing companies to look at domestic supply chains and distribution networks as the new standard for their operations.
Posted by IndustryNet
U.S. manufacturers continue to adapt to a business landscape radically altered by COVID-19, with many struggling with supply chain gaps caused by widespread closures in China and across the U.S.

Some industrial companies have remained open, their products deemed critical by the federal government, while others have overhauled their facilities to produce completely new parts and products needed in the coronavirus fight.
Posted by Matt Lee of Innovative Building Materials
Thanks to its durability and cost-effectiveness, concrete has always been a go-to flooring choice and building material for warehouses and manufacturing facilities. Today, due to the rise in polished finishes, concrete is becoming even more widespread.

One significant benefit to concrete is that it's a relatively low-maintenance flooring type.

It doesn't require a ton of upkeep compared to alternatives like hardwood or tile. However, just because the maintenance is minimal, it doesn't mean that you don't have to put any care into maintaining concrete.

These simple tips are ways to keep your building's concrete in great shape.
Posted by IndustryNet
As a part of its focus on quality control, Sharpe Products has recently purchased an additional inspection system to support production of bent tube and pipe.

This second system, a larger, 16-camera model, will add to the existing 8-camera technology currently in use at an adjacent facility.

Posted by IndustryNet
As the coronavirus pandemic continues to upend the U.S. manufacturing sector, the Institute for Supply Management reported today that U.S. manufacturing activity plummeted further into contraction, with new orders, production and employment hitting record lows.

According to the ISM, U.S. manufacturing activity plunged 7.6 percentage points in April to a reading of 41.5% -- the lowest the index has been since April 2009.
Posted by IndustryNet
COVID-19 has disrupted every industry in the world in just a few short weeks. Quarantines, shipping disruptions and closure of non-essential businesses are just some of the effects, not to mention the shocking loss of life.

In the midst of this crisis, certain industries were classified as "critical infrastructure," which indicated their importance in keeping society operational despite widespread restrictions.

Some of the categories include health care, shipping and delivery, food and drug stores and certain types of manufacturing.
Posted by IndustryNet
The concept of reshoring has been around awhile, gaining traction after the Great Recession ended in 2009, but the idea has come into greater focus as the coronavirus pandemic exposed vulnerabilities in the U.S. medical supply chain and upended operations for many U.S. manufacturers with reliance on global suppliers.

This article will explore the evolution of the reshoring movement and the greater relevance it has gained amid the COVID-19 pandemic.
Posted by IndustryNet
Could a new industrial revolution save the planet? Industrialization brought with it many benefits, helping to raise the standard of living for vast segments of the population.

Unfortunately, the Industrial Revolution also brought with some long-lasting impacts we still struggle to manage. These innovative manufacturers are working to change that.
Posted by IndustryNet
The impact of the initial COVID-19 outbreak and the subsequent lockdown on the vast Chinese manufacturing network has sent ripples through every industry, including packaging.

The nucleus of many supply chains is unfortunately synonymous with the origin of the virus: China. Ships, trucks and aircraft sit idle as quarantines and restrictions limit capacity by as much as 80%.

Now, as manufacturers and shippers scramble to find new solutions and supply chains, the wisdom of sourcing locally becomes extremely clear.
Posted by IndustryNet
As the coronavirus pandemic continues to reshape the U.S. manufacturing sector, new data released by the Federal Reserve is among the first to illuminate the severity of its impact.

This article will take a closer look at the latest manufacturing output report and explore losses on an industry-by-industry basis.
Posted by IndustryNet
Last month, U.S. manufacturers were just beginning to adapt to the coronavirus crisis, retooling to meet demand for the critical supplies needed to protect front line workers.

We reported on some of the earlier efforts of industrial companies to produce critical supplies such as hand sanitizer and face masks. Now, several weeks into the crisis, the list of manufacturers jumping into the coronavirus fight has grown significantly.
Posted by Brian DuFresne of Envision Plastics & Design
Envision Plastics and Design utilizes the No Molds Required technology (NMR) to manufacture custom plastic enclosures.

While all products we make represent great value to their users (since they do not have to pay for mold tooling), there are certain other ways to keep the piece part price in check as well. Keep these in mind the next time you are designing an enclosure!
Posted by IndustryNet
It is decidedly not "business as usual" for U.S. manufacturers as the COVID-19 outbreak continues to wreak havoc on global supply chains and the economy at large, but the latest news suggests some manufacturers may be busier than ever.
Posted by IndustryNet
While many manufacturers have needed to close their doors due to "stay-at-home" orders, others have been deemed "critical" to the nation's infrastructure and are cranking up production.

These manufacturers are in need of new supplies and services to help keep their operations going.

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