Published: August 24th, 2010
Current data from The Repton Group LLC on key injection molding end markets. Click here.
Published: May 4th, 2015
Not much changed in April from the March Manufacturing Report on Business: the Purchasing Managers Index (PMI) remained flat at 51.5%. While the March and April PMI were equal, 15 of the 18 manufacturing industries tracked by the Institute for Supply Management's (ISM) Manufacturing Business Survey Committee saw growth in April, while only 10 reported growth in March, indicating a broader distribution of growth in April among the 18 industries, commented committee Chair Bradley J. Holcomb.
Published: April 30th, 2015
According to data in the latest report from the Reshoring Initiative, the "bleeding of manufacturing jobs to offshore has stopped." The U.S. has gone from losing about 140,000 manufacturing jobs per year to gaining 10,000 or more per year, the report states. While that number represents some gains, the report notes that there are still three to four million manufacturing jobs offshore, which represent "a huge potential for U.S. economic growth."
Published: April 13th, 2015
Wohlers Associates Inc. (Fort Collins, CO), a leading consulting firm and authority on global additive manufacturing (AM) and 3D printing—terms that are used interchangeably—announced the publication of the Wohlers Report 2015. This annual publication has served as the undisputed industry-leading report on the subject for two decades, with many in the industry referring to the report as the "bible" of additive manufacturing and 3D printing, claims Wohlers Associates.
Published: April 3rd, 2015
While we were excitedly trolling the aisles of NPE2015, agog at the amazing machinery and molds churning out plastic parts and companies showcasing their latest and greatest technology, the overall manufacturing economy was in the doldrums.
Published: April 2nd, 2015
According to a recent statement from the Brussels-based European Plastics Converters Association (EuPC), the recent series of force majeure declarations by some of the leading polymer suppliers to the European market could have very damaging effects.
"We are receiving reports from our major national associations that compounders and processors are experiencing difficulty in obtaining adequate supplies of polymer to discharge contractual obligations toward their customers," said Alexandre Dangis, EuPC's Managing Director.
Published: April 2nd, 2015
The Institute for Supply Management's March 2015 Manufacturing ISM Report on Business once again indicates slippage. While it remains on the expansion side of the 50 benchmark (below 50 shows a contraction while above 50 signals expansion), the Purchasing Management Index (PMI) dropped from 53.5% in January to 52.9% in February and now to 51.5% for March.
Published: March 5th, 2015
Global demand for high-density polyethylene (HDPE) is expected to grow 4.2% on an average annual basis through 2022, with Asia Pacific remaining the largest consumer of the material, says market research firm Ceresana (Constance, Germany). North American exports of HDPE will rebound during the study period, whereas Western Europe increasingly will become an importer because of the closure of production sites and lack of capacity increases, according to Ceresana, which has just published the third edition of its global HDPE market study.
Published: March 3rd, 2015
This question was posed in a recent analyst note by PwC that looked at two possible scenarios for the US car market. The analyst notes that after five straight years of sales growth, most of the industry expects further growth in 2015 and beyond. However, cautions PwC, the fifth straight sales gain in 2014 tied a record and expectations of six, seven or even eight straight years of gains represent a significant break from the trend. "History may be trying to alert us," it concludes.
Published: March 2nd, 2015
Those who watch the manufacturing industry are well aware of the ups and downs of the past two months. That is also reflected in several reports out on the economy of manufacturing. The Institute for Supply Management's February 2015 Manufacturing ISM Report on Business shows that economic activity in that sector expanded in February for the 26th consecutive month. However, before we get too excited, the Purchasing Management Index (PMI) actually dropped from 53.5% in January to 52.9% in February, meaning manufacturing basically flat-lined last month.