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IndustryNet Blog

Posted by IndustryNet
The motor vehicle parts market is a massive economic engine for the United States, which has a supplier or manufacturer in all fifty states. But, tied to the fortunes of the auto industry, the suppliers that build components are easily affected by new vehicle sales and international trade turmoil.

Despite what could have been a disastrous year, those companies have done quite well. Let's take a look at the industry and some of the new creations on the horizon.

Posted by IndustryNet
With Memorial Day around the corner, it seems fitting to look back on some of the inspiring stories of the small manufacturers that have exhibited extraordinary commitment and fortitude in times of war, providing much-needed supplies and support to U.S. soldiers throughout the years.

We found one of these stories in our February 1929 edition of Manufacturers' News.

In this hardcover issue, Peter A. Waller, then-President of Boss Manufacturing shared his thoughts on the challenges and opportunities faced by small manufacturers in a speech to the Illinois Manufacturers Cost Association titled "What is the Future of the Small Manufacturer?" This was published ten years after the end of World War One, but the significance of the conflict weighed heavily on his speech.

Established in 1893, Boss Manufacturing started out in Kewanee, Illinois as a supplier of work gloves to local farmers, and quickly grew, distributing its protective gloves all over the world. Known for the sturdiness of their gloves, they became a key supplier in the war effort.
Posted by Don Layyous, Pye-Barker Engineered Solutions
Regardless of the application, metering pumps performing to specification is a critical factor for producing end products that fall within specification. This might range from correctly dosing treatment chemicals in wastewater plants through to a constant nutrient feed in antibiotic manufacturing, to adding anti-icing additives to jet fuels.

Regardless of the process, it is critical that the metering of additives be within allowable tolerances so that the end-product passes quality control.

Posted by IndustryNet
Multiple new U.S. manufacturing plants and expansions were announced in May, including an increasing number of high-tech enterprises. From Detroit to Baltimore to Augusta, Georgia, here are just a few of the major manufacturer announcements made in May.

Posted by IndustryNet
According to new data collected by MNI, publisher of the industrial data that powers IndustryNet, manufacturing employment in North Carolina climbed over the past year, with the state adding nearly 5,000 jobs -- its eighth straight year of gains.

Although the state's steady growth is welcome news, it is worth noting that 2018's gain fell slightly short of the 9,000 jobs gained in 2017. For the first time in several years, transportation equipment did not lead North Carolina's gains. Growth in the auto industry has slowed, both in North Carolina and across the nation.

Posted by IndustryNet
U.S. manufacturers are contending with a unprecedented number of uncertainties -- from tariffs, to concerns over supply disruptions at the US/Mexico border, not to mention Brexit. Additionally, finding skilled workers remains a big challenge. At the same time, 2019 might be described as a turning point for U.S. manufacturing, as more companies look to source supplies domestically, providing opportunity for industrial companies at home.

Today, we're taking a look at what manufacturing executives are saying directly about business conditions and the road ahead.

Posted by IndustryNet
President Donald J. Trump instigated a range of tariffs on Chinese goods in 2018 that had direct and indirect impacts on the purchase of farm equipment. Even companies that choose to purchase farm equipment from American companies may experience price increase if the materials used in them come from China.

That is particularly true in the case of equipment made of aluminum and steel. Many of the products used in manufacturing farm equipment are directly affected by the current tariff war, including belting, aluminum rivets and articles made from some of the most-used metals.
Posted by IndustryNet
Construction machinery, by and large, is a capital-intensive investment. Despite the turmoil in world markets, it remains in steady demand by builders and municipalities nationwide. What follows is some information on the sector and things for buyers to consider when looking to acquire heavy equipment.

Posted by IndustryNet
Every person in the United States is reliant on construction machinery to create the buildings and infrastructure that make up our cities and towns.

The companies that manufacture these machines are currently in the midst of a challenging period as international trade actions ripple into their market. We will address some of these issues and explore how this important industry has weathered the storm.
Posted by IndustryNet
Trucent announced that it has finalized the purchase of all the assets and rights relating to Advanced Separation Technologies (CentraSep) and AST Leasing, collectively referred to as CentraSep.

CentraSep becomes part of the Trucent family of companies and will be known as Trucent CentraSep Technologies.

CentraSep brings an additional leading technology and strong market presence to Trucent's portfolio: CentraSep centrifugal separators for liquid/solid separation. The company has a strong global presence in the solar panel production and glass grinding industries and is a market leader given the design, reliability, and overall fluid separation performance of its technology.
Posted by IndustryNet
Bloomberg News reported Monday that the US-China trade deal appears to be on "life support" following a series of tweets from President Trump Sunday, implying that tariffs on Chinese goods would be raised from the current 10% rate to 25% by Friday, May 10th and that additional duties would levied on goods not yet subject to tariffs.
Posted by IndustryNet
After rebounding several points in March, U.S. manufacturing activity expanded at a slower rate in April, as new orders, production and employment slipped, according the Institute for Supply Management's latest survey of manufacturing executives.

U.S. manufacturing activity now stands at 52.8%, down 2.5% from March's reading of 55.3%.

This means that while U.S. manufacturing is still in growth mode, the sector is expanding at a slower rate. April 2019 stands as the 38th consecutive month of growth in the U.S. manufacturing sector, and the 120th straight month of growth in the economy overall.

Posted by IndustryNet
The Commerce Department reported Friday that real gross domestic product (GDP) expanded in the first quarter of 2019, beating expectations and relieving concerns that the U.S. economy is slowing.

U.S. GDP expanded at a 3.2% in the first quarter of 2019, following a 2.2% increase in the final quarter of 2018, bolstered by a surge in exports and diminishing imports as well as a boost in technology investments, including software, intellectual property, and R&D.

Economists had expected a 2.5% rate in growth for the 1st quarter. It was the best quarter for the U.S. economy since 2015
Posted by IndustryNet
The farm machinery and equipment industry is a significant industry in the agricultural sector. Agricultural operations cannot function without proper equipment and machinery. This industry, also referred to as the agricultural machinery industry, has been a part of farming throughout history, with many examples of farming equipment and machinery during the 19th century.

The farm machinery and equipment industry is large, encompassing machines for tillage, planting, fertilizing, seeding, irrigation, pest control, haymaking, harvesting, milking, wool presses, windmills, and more, as well as tractors.
Posted by IndustryNet
This week we received the exciting news that Carol Stream, Illinois-based cutting tool manufacturer CJT Koolcarb is celebrating 50 years in business.

In commemoration of this special event, National Sales Manager, Les Frick, sent us a special announcement for IndustryNet readers, taking us through the history of the company and all that it has accomplished over the past half-century. We are proud to post their news today:
Posted by IndustryNet
Miller Lighting Products, which is celebrating 44 years in business this summer, recently announced a new line of lighting products, strengthening their core offering of LED corn lights, LED paddle products, and angled garden light line with the latest higher lumen retrofits.
Posted by IndustryNet
A number of recent reports show mixed signals for the nation's industrial sector. Some suggest the U.S. industrial sector may be cooling after nearly two years of record expansion, while others paint a brighter picture.
Posted by IndustryNet
For the foreseeable future, the air and gas compressor industry will continue to grow, with sales and job creation remaining high. We will look at these factors along with the uses for compressors and recent innovations in the field.
Posted by IndustryNet
U.S. manufacturing has grown at a record pace over the past few years, with the ISM index showing that the U.S. manufacturing sector has grown for 37th straight months. New plants and expansions are being announced every day, including number of foreign companies with new manufacturing ventures in the United States.

From Baltimore, Maryland to Shelbyville, Indiana, here are just a few of the major manufacturer announcements made in April.
Posted by Don Layyous from Pye-Barker Engineered Solutions
Oil free air compressors are relatively new on the market, because of their higher price point they've earned a reputation that they should only be used in niche situations where ISO class 0 air (defined by the end user AND less than .01 MG/M3) is required.

As the market has matured and the technology has matured, the savings of switching from oil-flooded to oil free compressors are becoming viable in more and more applications. Don Layyous from Pye-Barker Engineered Solutions shares expert knowledge on the benefits of utilizing oil-free air compressors on the plant floor.

Posted by IndustryNet
According to new data compiled by MNI, publisher of the U.S. industrial data that powers IndustryNet, New Jersey manufacturing employment climbed 1.4% over the past year, reversing the downward trend that has plagued the state since the recession.

Employment gains were led by New Jersey's food processing sector, though growth was seen across a spectrum of key industries, helped by the state's highly skilled workforce and competitive business incentives.

A number of new and expanding manufacturing facilities were announced over the year as well, laying the groundwork for future growth in the state.
Posted by IndustryNet
Homeowners and major industries alike both rely on air and gas compressors to accomplish dozens of tasks. The air and gas compression industry is thus very large and very profitable compared to many other industrial sectors. In this article, we will take a look at the largest of these companies and the sector overall.

Industry overall

Buoyed by a robust domestic energy market and extensive construction, the air and gas compressor industry has seen a phenomenal year to year growth. According to MNI, compiler and publisher of the industrial data that powers IndustryNet, sales jumped from almost $17.5 billion to $20.2 billion in one year for an increase of 15.48%.

Posted by IndustryNet
Bell Flavors & Fragrances was on display and showcased their take on innovative culinary flavors during the 2019 Research Chefs Association (RCA) Expo in Louisville, Kentucky on March 14th. The team featured a unique set of flavor combinations for beverage, sweet and savory dishes creating an Aged Cider Mint Julep, Colonial Pound Cake, and Kentucky Rabbit Ricotta Toast.

Posted by IndustryNet
New data released by the Bureau of Labor Statistics shows the U.S. added 196,000 jobs in March and the unemployment rate remained unchanged at 3.8%. However, employment in the manufacturing sector fell for the first time in more than a year, dropping by 6,000 jobs.

Overall, the nation's manufacturing sector has been growing at a steady pace over the past few years. 2018 was the best year for manufacturing employment gains in the post-recession era, adding a record 284,000 jobs, while 2017 was also a notable year, with jobs climbing by 207,000.

Manufacturing currently accounts for 12,821,000 jobs, or 9% of total U.S. non-farm employment. This stands at roughly the same level as in December 2008 (12,850,000).
Posted by IndustryNet
In the early days of manufacturing, few components and processes were prone to hacking. Today, however, manufacturing is increasingly advanced and connected. Using the wrong software or application can pose a threat by giving unscrupulous individuals access to the network or data.

The incorporation of the "internet of things" or IoT into manufacturing means that more devices are connected to the internet than ever before, offering easy access to hackers. Since historically, manufacturing never had to worry about cybersecurity, some companies may be slow to consider this concern.
Posted by IndustryNet
After slipping several notches in February, U.S. manufacturing activity bounced back in March, led by a spike in new orders, hiring, and production according the Institute for Supply Management's latest survey of manufacturing executives.

Posted by IndustryNet
Hydraulic power units are standalone systems that provide everything necessary to activate a hydraulic circuit. Consisting of a prime mover, reservoir, valve and a pump, hydraulic power units can range in size from less than 30 pounds in weight to several tons.

Dozens of industries utilize hydraulic power units, and to serve them, dedicated companies exist all across the nation. Below is an overview of the hydraulic power unit industry and the top ten companies in that space.

Posted by IndustryNet
From Durham to Detroit, here are just a few of the major manufacturer announcements made in March.
Posted by IndustryNet
Hydraulic equipment and parts refer to the components of hydraulic systems that control and transmit commands and force.

Actuators, valves and pumps are included in this category. Obviously connected to the overall hydraulic industry, hydraulic equipment and parts is a significant fraction of that industry's economic power.

Posted by IndustryNet
Hydraulic equipment utilizes pressurized fluid to perform various machining operations. Hydraulic power drives numerous types of machine, such as diggers, bulldozers, cranes and other construction equipment.

This power is also commonly utilized in industrial facilities, where hydraulics is incorporated into applications like robotic presses, lathes and arms. Without hydraulic equipment, companies specializing in hydraulic pumps or hydraulic hoses would not have the ability to manufacture their products.

Hydraulic equipment suppliers comprise a significant portion of the hydraulics industry. Their average sales account for a huge percentage of the hydraulic industry's overall sales. With the position of the industry in mind, growth among hydraulic equipment suppliers becomes more relevant.
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