Engineering & Manufacturing > Manufacturing | OEM Off-Highway

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How Flexible Shafts Solve Power Transmission Problems

August 25, 2022

Flexible shafts can simplify or replace conventional methods of power transmission, such as belts, pulleys and universal joints.

July 2022 Equipment Market Outlook

2022 Equipment Market Outlook

Indicators in several markets show that while growth is still slow, while several areas are seeing improvement. Download this FREE report to gain top industry information and insights in an easy-to-read infographic.

[Webinar] How Flexible Shafts Solve Power Transmission Problems

[Webinar] How Flexible Shafts Solve Power Transmission Problems

Join us August 25th at 10am CT to learn about the benefits of flexible shafts and how they can simplify or replace conventional methods of power transmission such as belts, pulleys and universal joints.

Strong demand for off-road equipment helped to drive orders for manufacturing technology in November 2021.

U.S. Manufacturing Technology Orders up 14% in November 2021

The off-road equipment sector helped drive an increase in manufacturing technology orders reports the Association For Manufacturing Technology.

Hyundai Construction Equipment’s Ulsan Factory

Hyundai Construction Equipment Expanding Production Capacity 50%

The company is investing $170 million in its Ulsan factory to increase production capacity by 50% and simplify its manufacturing processes for increased efficiency.

Heavy equipment manufacturers will need to monitor five key trends which could impact the industry in 2022 and beyond.

Top 5 Equipment Manufacturing Trends for 2022

The Association of Equipment Manufacturers analyzes the top trends expected to impact heavy equipment manufacturers in 2022 and beyond.

Demand remains strong in the manufacturing sector, though supply chain and workforce challenges remain.

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.

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Metalformers Continue to Experience Supply Shortages and Other Challenges

PMA's November Business Conditions Report shows member activity is strong but challenges with sourcing raw materials continue to plague many.

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Supply Chain and Other Challenges Continue to Plague Metalforming Companies

PMA's October business conditions report shows 25% of metalforming companies are predicting a drop in economic activity in the next 3 months.

[Webinar] How Flexible Shafts Solve Power Transmission Problems

[Webinar] How Flexible Shafts Solve Power Transmission Problems

Join us August 25th at 10am CT to learn about the benefits of flexible shafts and how they can simplify or replace conventional methods of power transmission such as belts, pulleys and universal joints.

Truck production is being negatively impacted by the semiconductor shortage, which is causing other supply chain challenges as well.

Work Truck Shortages Likely to Linger

Supply chain challenges continue to restrict truck availability, and are expected to continue well into 2022 which will impact work truck availability.

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Metalforming Companies Face Challenges with Supply and Worker Shortages

PMA’s September report shows that only 26% of metalforming companies forecast an increase in economic activity in the next 3 months as challenges continue with raw materials and worker shortages.

The New Holland Agriculture manufacturing facility in Jesi, Italy.

CNH Temporarily Shuts Down Manufacturing Sites in Europe

Ongoing supply chain disruptions have prompted to the company to temporarily close several of its manufacturing facilities.

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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.

Tariffs have added extra input costs on heavy equipment manufacturers.

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.

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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.

The Volta Zero electric truck is set to begin customer trials in mid-2022.

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.

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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.

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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.

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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.

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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.

[Webinar] How Flexible Shafts Solve Power Transmission Problems

[Webinar] How Flexible Shafts Solve Power Transmission Problems

Join us August 25th at 10am CT to learn about the benefits of flexible shafts and how they can simplify or replace conventional methods of power transmission such as belts, pulleys and universal joints.

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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.

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Manufacturers Report Longest Supplier Lead Time Since 1987

The economy continues to expand, increasing production demand, while manufacturers face supply and workforce shortages.

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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.

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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.

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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.

Microfactories offer the opportunity to produce electric vehicles at a price point competitive with those powered by internal combustion engines.

The Evolving Landscape of EV Manufacturing

Pailton Engineering evaluates the implementation of microfactories versus gigafactories for electric vehicle manufacturing.

Volvo Group will begin making vehicles using fossil-free steel.

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.

The Manufacturing Purchasing Managers’ Index indicated strong sector expansion in March 2021.

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.

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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.

Increased equipment demand has made manufacturers more optimistic about 2021.

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.

The integration of NX AM software with EOS’ job and process management software EOSPRINT 2 enables users to generate EOS build files directly in NX, defining material, exposure sets, and beam offset values, among other variables.

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.