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IndustryNet
      

IndustryNet Blog

Posted by IndustryNet
With its educated labor pool, solid infrastructure, availability of capital funding, and favorable regulatory environment. Virginia continues to hold great appeal for many manufacturers. Here's an overview of the strides made by the state in 2018, as well as an inside view of the state's outlook.

Posted by IndustryNet
The hydraulic cylinders industry is one of the many sectors that make up the larger industrial hydraulics industry.



Hydraulic cylinders are mechanical actuators that deliver unidirectional force via unidirectional strokes. The most common applications of hydraulic cylinders include construction equipment, civil engineering and manufacturing machinery.
Posted by IndustryNet
It is clear that hydraulic cylinder manufacturing is closely tied to many heavy industries. As a result, the industry has seen modest growth in both jobs and sales within the last year.
Posted by IndustryNet
U.S. manufacturing started out strong in January, with a number of reports pointing to an expanding manufacturing sector.



The Department of Labor reported the sector added 13,000 manufacturing jobs in January, adding to the staggering 261,000 jobs created in 2018.



In addition, the Federal reserve reported output was at a 10-month high, and the Institute for Supply Management released its monthly manufacturing report on business and found overall activity in the sector rebounded from its December.

Posted by IndustryNet
Even with the uncertainties of the government shutdown and import tariffs plaguing the U.S. economy, the U.S. manufacturing sector has remained largely unfazed, with employment, production, and new orders on the upswing.



From Rubber City (Akron, OH) to Rocket City (Huntsville, AL) here are just a few of the major manufacturer announcements made in January.
Posted by IndustryNet
According to new data compiled by MNI, publisher of the U.S. industrial data that powers IndustryNet, Oregon's manufacturing employment levels soared in 2018, with the state adding more than 3,000 jobs.



Gains were primarily led by food processing, the cornerstone of Oregon's industrial sector. However, employment increases were also seen across a broad range of industries, including medical instruments, chemical processing, and even furniture manufacturing, pointing to the diversity of the state's manufacturing climate.
Posted by IndustryNet
After reaching its lowest level in two years in December, U.S. manufacturing activity bounced back from its slump in January, according the Institute for Supply Management's latest survey of manufacturing executives.



U.S. manufacturing activity now stands at 56.6%, up 2.3% from December's reading of 54.3%.



Says Tim Fiore, Chairman of the ISM: "Comments from the panel reflect continued expanded business strength, supported by strong demand and output."



Among the many bright spots in January's ISM report, a surge in new orders was particularly welcome, with that reading climbing nearly 7% to 58.2% after a significant decline in December.



January's ISM report reflects a growing U.S. manufacturing sector, with the month's reading of 56.6% well above the 50% mark that is indicative of expansion. January stands as the 35th consecutive month of growth in the U.S. manufacturing sector, and the 117th straight month of growth in the economy overall.
Posted by IndustryNet
A company's public image makes a world of difference in achieving real success. Knowing how to address the public in clear, informative press releases will help your business cultivate an image of professionalism and reliability.



IndustryNet now offers industrial companies the opportunity to submit press releases to the IndustryNet blog. With thousands of industrial buyers visiting the blog each week, the IndustryNet blog is the ideal platform for suppliers to get their new product announcements, upcoming events, or any other exciting news about their business in front of the right audience.



However, if you have never written a professional press release, the process may seem daunting. These tips will help you formulate the perfect press release to communicate with current and potential clients and share your company's news.

Posted by IndustryNet
With an idea of the current status of the robotics sector, take a closer look at the fastest-growing companies within it. This list is based on employment growth and includes the number of employees on-site.
Posted by IndustryNet
With the U.S. government in shutdown mode since December 22nd, all eyes have been on Washington with hopes that the budget stalemate will soon resolve, and government operations can get back to normal.



The shutdown is already the longest in American history (breaking the record set in 1995, when the Clinton administration shut down the government for 21 days) and a number of reports suggesting the shutdown may stick around for a while.
Posted by IndustryNet
Robotics is a growing industry, which should come as no surprise as robots are increasingly used on production lines and for other tasks.



As such, robotics plays a key role in manufacturing. There are constant innovations, particularly in industrial robotics and robots for manufacturing purposes.
Posted by IndustryNet
As industrial businesses draw up their marketing budgets for the year, a common question among B2B marketing execs is: are these banner ads really worth the money?



As it turns out, that is becoming an increasingly important question. And the answer is: probably not.



According to this study, as reported by IndustryNet in January 2018, approximately 26 percent of Americans used some form of ad-blocking software. This software usage resulted in a loss of around $15.8 billion in ad revenue in 2017. That figure has been increasingly on the rise, with the latest data showing 30% of users are now employing some sort of ad-blocking software in 2018.
Posted by IndustryNet
The Marsh Bellofram Group of Companies today annouced details of its BelGAS CP P5300 Series back pressure regulator. This regulator has become the standard for the oil and gas industry. Built in accordance with the requirements of NACE-MRO175, the P5300 Series is known for its intermittent acting pilot, soft-seat material for bubble-tight shut-off, 300 psi max pressure, and cost effectiveness.
Posted by IndustryNet
When people think of robots, they may envision a friendly machine like Johnny Five, or perhaps one more nefarious such as the T-1000. In any case, robots are here to stay, and they are driving a significant portion of the national economy.



According to current data collected by IndustryNet, the robotics industry is currently worth nearly $6.6 billion and employs over 16,000 individuals. Let's take a closer look at how these machines are changing the way we build, do business and live our lives.

Posted by IndustryNet
U.S. industrial output edged up in December, and manufacturing output surged, according to a new report released this morning by the Federal Reserve.



The Federal Reserve's latest release on U.S. industrial production and capacity utilization showed industrial output rose one third of one percent in December, led by a 1.1% gain in manufacturing output. This represents the largest month-over-month increase for the U.S. manufacturing sector in ten months.



Manufacturing gains were led by motor vehicle production in December, though primary metals output outpaced all other sectors in 2018.
Posted by IndustryNet
According to new data compiled by MNI, publisher of the U.S. industrial data that powers IndustryNet, New Hampshire added a significant number of manufacturing jobs over the past year.



Gains were seen across a broad range of industries, including medical instruments and chemical processing, while a number of new and expanding advanced manufacturing facilities laid the groundwork for future growth in the state.



New Hampshire manufacturing: the year in review



New Hampshire is currently home to 2,276 manufacturers that employ 83,020 workers. The state added 2,776 jobs in the past year, representing a gain of 3.4%.



Employment in industrial machinery and equipment grew by 3% in 2018, and ranks as the state�s top manufacturing sector, employing 13,284. Second-ranked electronics remained steady at 10,636 jobs, while employment in medical instruments/related products rose 14% and currently accounts for 8,347 of the state�s jobs.



Additional gains were seen in food processing, up 12%; chemical processing, up 7%; and furniture/fixtures, up 3%.

Posted by IndustryNet
Southbridge, MA based Lavallee Machinery, Inc. and Epec, LLC announced today that the two companies are joining forces to give customers a greater range of high-quality services and long-term financial strength.



Epec is one of the fastest growing high technology electronics companies in North America, designing and manufacturing high reliability products including printed circuit boards, custom battery packs, user interfaces, RF products, cable assemblies, and flexible heaters for OEMs around the world.



Lavallee Machinery was founded in 1983 and is a trusted manufacturer of time-sensitive, CNC machined parts for OEMs.

Posted by IndustryNet
Bell Flavors & Fragrances is excited to begin the fifth year of its Spark trends program and has unveiled ten key trends that will lead the way to new innovations within the flavor and fragrance industry. Spark is Bell's insider resource for new and emerging consumer trends as well as flavor and fragrance inspirations.



Using a unique and detailed process, Bell uncovers new ideas each year that are sure to ignite customer inspirations and translate them into winning product ideations.
Posted by IndustryNet
Although the term blockchain has become increasingly prevalent, many outside of the tech industry are still unfamiliar with the idea. Blockchain makes it possible to distribute digital information in a way that is immutable. As such, it delivers transparency and reliability.



Blockchain began as a way to display the financial transactions related to bitcoin before expanding to other digital currencies. Now, those across all industries use it to record and share information. Manufacturing is just one of many areas poised to be revolutionized due to blockchain technology.

Posted by IndustryNet
As with other industries, precision machining constantly evolves as advances in technology occur. Choosing to work with a skilled precision machining provider allows companies to utilize the latest advances in this industry, achieving the best possible results. Using a skilled provider delivers access to the latest innovations, such as incorporation of IoT and advancements in precision that deliver superb results.



Overview of Precision Machining in the U.S.



To deliver an overview of the current state of precision machining in the U.S., consider some key statistics. There are currently 1,267 companies in the industry, with 25,925 jobs. The current sales in the industry are $10.4 billion.



The U.S. region with the highest percentage of precision machining companies is the Midwest, followed by the South, Northeast and West.



With that information in mind, let's explore the various types of precision machining.
Posted by IndustryNet
Waterjet cutting has seen rapid increases in business after the reshoring movement began. With an impressive 14.42 percent, 12-month growth rate, waterjet cutting has nearly doubled the growth rate of the overall manufacturing industry.



With 148 companies producing machines or providing services, waterjet cutting is concentrated in the Midwest with 41 percent of the industry located here. The industry provides income to 1,776 employees. Here is a list of the top 11 companies by their number of jobs from highest to lowest:

Posted by IndustryNet
The world of manufacturing constantly evolves and will continue to do so in 2019. Manufacturers must remain on top of the trends in order to deliver innovative, high-quality products to their clients. Of the various trends that are likely to emerge this year, the following are some of the most important that companies should be on the lookout for.
Posted by IndustryNet
Waterjet cutting is the process of using high-pressure water to cut through nearly any material. In some situations, abrasive materials are mixed with the water to allow cutting of harder alloys such as stainless steel.



Far from new technology, the concept of high-pressure water for removing material has been around since the 1800s. Back then, hydraulic mining used water cannons to remove rock and dirt at a faster rate than digging.



Today, waterjet cutting has evolved into a computer-controlled process that is environmentally friendly, efficient and precise.
Posted by IndustryNet
According to new data compiled by MNI, publisher of the U.S. industrial data that powers IndustryNet, Idaho added manufacturing jobs for a seventh straight year, led by continued gains in the state's food processing sector.



Overall, Idaho has added nearly 10,000 jobs since the end of the recession, an increase of 14%. Food processing has remained the state's star sector throughout the post-recession era, growing by nearly 11% since 2012.

Posted by IndustryNet
The U.S economy added 312,000 jobs in December, while the unemployment rate rose to 3.9%, as more workers entered the labor force, according to a report released today by the Bureau of Labor Statistics.



The nation's manufacturing sector once again added a significant number of jobs, up 32,000 in the month of December alone. Durable goods manufacturing accounted for a notable share of jobs, up 19,000. Of these 19,000, fabricated metal products added 7,000 jobs, and electronic products added 4,000 positions.



The grand total of factory jobs gained over the year totaled 284,000 -- with three-fourths of these positions in the durable goods category. This adds to the 207,000 manufacturing jobs the Bureau of Labor statistics reported the nation gained in 2017.
Posted by IndustryNet
U.S. manufacturing activity slowed to its lowest level in two years according the Institute for Supply Management's latest survey of manufacturing executives.



The ISM's Manufacturing Report on Business shows the sector's activity now stands at 54.1%, down 5.2% from November's reading of 59.3%. The index tanked at a rate not seen since 2008 -- though it should be noted that the sector is still in expansion mode (any reading above 50 indicates expansion).



Executives surveyed by the ISM reported a significant drop in new orders, while production and employment cooled significantly.

Posted by IndustryNet
Precision tools and tooling share a symbiotic relationship with the rest of the manufacturing industry. Precision tools create various structures and parts by a subtractive process, while precision tooling refers to the molds that allow non-metallic materials such as plastic to be formed into complex shapes.



All industries that are not completely digital rely on some form of precision tools or tooling. Despite sales of $1.93 billion, precision tooling saw a rather low 12-month increase in sales, reaching only 0.22 percent compared with 8.29 percent industry-wide.



This can be tied to this sector's higher dependence, up to 40 percent, on international distribution and the uncertainty associated with trade tariffs. The economic back and forth between the United States and China is definitely playing a role in keeping this sector from seeing the same growth that has graced the industry overall.
Posted by IndustryNet
Precision tools are used to cut and shape metal into various products, while precision tooling refers to the molds and jigs used to form and shape objects of different materials such as plastics and composites.



This sector of manufacturing is heavily affected by the release of new products, new vehicles and other technological developments. Any industry that produces physical products has a need for precision tooling.



Producers of tech devices, medical implants, airplanes, motor vehicles and various appliances all consider these suppliers as integral to the creation and production process.
Posted by IndustryNet
2018 was a big year for manufacturing (you might even say it was "yuge"). As early as January, manufacturing firms were scrambling to sort through the newly-passed tax reform, and shortly thereafter the USTR announced its first tariffs on solar panels and washing machines (remember when it was just solar panels and washing machines?) Manufacturing in the U.S. continued to expand at a hectic pace, with new orders, production, and employment posting robust gains.



Raw material costs began to skyrocket as tariff action between China and the U.S. intensified and the threat of a trade war loomed. The trade gap widened and imports surged as companies rushed to procure supplies from China in advance of the 25% tariffs set to go into effect January 1st, 2019 (these were since delayed until March).



Posted by IndustryNet
A number of new reports out this week point to a manufacturing sector that is steadily growing -- albeit at a slower pace. Industrial production edged up, while a new reading on manufacturing activity finds that new orders rose at its fastest rate in six months.



On the trade front, tariffs remain a top concern for manufacturing executives, though a 90-day truce between China and the United States has given the sector a little breathing room, and inspired a surprise move from China.



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