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Engineering & Manufacturing
MINExpo 2021
Manufacturing
Market Analysis
Consumer Demand Remains High, Supply Chain Improves Slightly in November
Economic activity in the manufacturing sector grew in November, with the overall economy achieving an 18th consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Manufacturing
Metalformers Continue to Experience Supply Shortages and Other Challenges
Manufacturing
Supply Chain and Other Challenges Continue to Plague Metalforming Companies
Manufacturing
Work Truck Shortages Likely to Linger
Manufacturing
Metalforming Companies Face Challenges with Supply and Worker Shortages
Manufacturing
CNH Temporarily Shuts Down Manufacturing Sites in Europe
Recommended
Trends
Top New Products of 2021
Winners of the 2021 Top New Products of the Year award offer a look at the top technologies engineering teams are looking for when designing new equipment.
Fluid Power
Improved Hydraulic System Design and Control Benefit Overall Machine Efficiency
New advancements in hydraulic components and systems are enabling heavy equipment to operate more efficiently.
Industry News
Industry Celebrates Passage of Historic Infrastructure Investment
After months of debate, Democrats hammered out an eleventh-hour deal to pass the historic $1.2 trillion bipartisan spending measure which was then signed into law by President Joe Biden.
Latest
Materials
Volvo Group Launches World’s First Vehicle Made with Fossil-Free Steel
Volvo has unveiled a load carrier for use in mining and quarrying made from SSAB's fossil-free steel, and has plans to produce more such vehicles in 2022.
Market Analysis
Tariff Discussions Need to Continue Says Equipment Manufacturing Industry
Statements from AEM leadership show industry support to continue the effort to find a mutually beneficial solution to currently enacted tariffs.
Manufacturing
Equipment Manufacturers Express Frustration with Lack of Progress on Infrastructure Bill
AEM's Kip Eideberg says pass of infrastructure bill could greatly benefit the 2.8 million men and women working in the equipment manufacturing industry.
Manufacturing
Volta Trucks Confirms Manufacturing Partner for Volta Zero Electric Truck
Steyr Automotive will manufacture the Volta Zero, bringing with it decades of commercial vehicle manufacturing experience.
Manufacturing
Lead Times Negatively Impacting Outlook for Metalforming Companies
The August 2021 Precision Metalforming Association Business Conditions Report shows 64% of survey respondents reported longer lead times, an increase from July.
Manufacturing
Manufacturing Economic Index Continues to Expand, Down Slightly in July
Manufacturers grapple with growing backlog, contracting inventories, while report indicates customer inventories too low. Meanwhile, manufacturing prices increasing and exports/imports continue to grow.
Market Analysis
Infrastructure Investment Holds Key to 100,000+ Equipment Manufacturing Jobs
New data shows infrastructure investment could substantially boost U.S. manufacturing job growth before the end of President Biden’s first term.
Industry News
AEM Hosting Second-Annual Workforce Solutions Summit
The one-day virtual summit will provide research-based solutions to organizations looking to recruit, train and retain employees.
Market Analysis
Manufacturing Continues to Grow for 13th Month
New orders and production are increasing, while employment is contracting, according to the ISM PMI Manufacturing report for June.
Manufacturing
Supply Challenges Continue to Impact Metalformers’ Outlook
PMA's June 2021 Business Conditions report shows 66% of metalformers are experiencing increased lead times which is impacting their businesses.
Manufacturing
Manufacturers Report Longest Supplier Lead Time Since 1987
The economy continues to expand, increasing production demand, while manufacturers face supply and workforce shortages.
Manufacturing
Growing Concern About Lead Times Dampens Metalformers’ Outlook
PMA's May 2021 Business Conditions Report shows 71% of respondents indicated a rise in lead times from the previous month due to challenges finding raw materials.
Manufacturing
Manufacturing Index Remains Historically High for April
Raw materials and workers remain in short supply according to an April 2021 economic report for the manufacturing sector.
Manufacturing
PMA April Business Conditions Report Shows Metalformers Optimistic but Lead Times Continue to Increase
The April 2021 report shows that 56% of metalforming companies forecast an improvement in economic activity, though increased lead times for steel and other materials pose challenges.
Manufacturing
The Evolving Landscape of EV Manufacturing
Pailton Engineering evaluates the implementation of microfactories versus gigafactories for electric vehicle manufacturing.
Materials
Volvo and SSAB Collaborating on Vehicles Made from Fossil-Free Steel
Volvo will begin creating concept vehicles and components with steel made by SSAB using hydrogen.
Market Analysis
Manufacturing Economic Index Reaches Highest Number in 38 Years
The Institute for Supply Management reports the manufacturing sector grew in March 2021 and the overall economy experienced its 10th consecutive month of growth.
Manufacturing
AEM Voices Industry Support for New Manufacturing and R&D Legislation
AEM says equipment manufacturers support new legislation which aims to improve U.S. manufacturing and innovation.
Market Analysis
Equipment Manufacturers Optimistic About Sales in 2021
A new AEM survey finds 88% of equipment manufacturers have a more positive outlook for 2021 as customer demand has increased.
Software
Siemens Partners with EOS North America to Improve 3D Printing
Combining Siemens’ AM software with EOS machines will aid industrializing additive manufacturing for larger-scale production.
Manufacturing
Volvo Says Semiconductor Shortage Impacting Truck Production
Volvo will implement stop days across its global truck manufacturing operations, and anticipates impacts to other business areas as well.
Materials
Equipment Manufacturers Support New Effort to Reform Section 232 Tariffs
"Preventing the misuse of Section 232 tariffs as a blunt negotiating tactic is crucial to both our national and economic security," says AEM President Dennis Slater.
Manufacturing
Metalformers More Optimistic but Concerns Continue Over Lead Times
Sixty percent of respondents to PMA's March Business Conditions Report said lead times for materials have increased compared to the previous 3 months.
Manufacturing
EU and U.S. Temporarily Suspend Tariffs
U.S. President Biden and European Commission President Ursula von der Leyen have agreed to a 4-month suspension on tariffs that have been placed on various goods exported to the two regions.
Manufacturing
Biden Executive Order Looks to Solve Semiconductor Chip Supply Shortage for Manufacturers
The executive order will examine ways to improve supply chains and promote U.S.-based manufacturing of semiconductor chips and other high-demand products.
Manufacturing
Metalforming Companies Expect Little Economic Change but Lead Times Draw Concern
PMA's February Business Conditions Report shows business conditions are steady but material lead times continue to increase, which is causing concern for many manufacturers.
On-Highway
Production Challenges Could Impact Commercial Vehicle Market in 2021
ACT Research reports demand is strong to start 2021, but component supply shortages could pose challenges for truck manufacturers.
Market Analysis
Metalformers Express Optimism for Improved Economic Activity
Metalformers expect a rise in incoming orders in the next 3 months, with 50% of respondents to PMA's January Business Conditions Report forecasting an increase in orders.
Electrification
TrovaCV Provides Custom Chassis Integration to aid Uptake of Electric Vehicles
The company is providing its manufacturing expertise to help with the acceleration of battery-electric commercial vehicles.
Manufacturing
Oqton Raises over $40M for AI Driven Production Platform
The latest round of funding will be used to expand its software platform and to further build global strategic partnerships.
