Manufacturing: Page 5

Manufacturing
Volta Trucks Confirms Manufacturing Partner for Volta Zero Electric Truck
Volta Trucks
Steyr Automotive will manufacture the Volta Zero, bringing with it decades of commercial vehicle manufacturing experience.
The Volta Zero electric truck is set to begin customer trials in mid-2022.
Manufacturing
Lead Times Negatively Impacting Outlook for Metalforming Companies
Precision Metalforming Association (PMA)
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
Manufacturing Economic Index Continues to Expand, Down Slightly in July
Institute for Supply Management (ISM)
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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Market Analysis
Infrastructure Investment Holds Key to 100,000+ Equipment Manufacturing Jobs
Association of Equipment Manufacturers (AEM)
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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Industry News
AEM Hosting Second-Annual Workforce Solutions Summit
Association of Equipment Manufacturers (AEM)
The one-day virtual summit will provide research-based solutions to organizations looking to recruit, train and retain employees.
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Market Analysis
Manufacturing Continues to Grow for 13th Month
Institute for Supply Management (ISM)
New orders and production are increasing, while employment is contracting, according to the ISM PMI Manufacturing report for June.
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Manufacturing
Supply Challenges Continue to Impact Metalformers’ Outlook
Precision Metalforming Association (PMA)
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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Manufacturing
Manufacturers Report Longest Supplier Lead Time Since 1987
Institute for Supply Management (ISM)
The economy continues to expand, increasing production demand, while manufacturers face supply and workforce shortages.
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Manufacturing
Growing Concern About Lead Times Dampens Metalformers’ Outlook
Precision Metalforming Association (PMA)
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
Manufacturing Index Remains Historically High for April
Institute for Supply Management (ISM)
Raw materials and workers remain in short supply according to an April 2021 economic report for the manufacturing sector.
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Manufacturing
PMA April Business Conditions Report Shows Metalformers Optimistic but Lead Times Continue to Increase
Precision Metalforming Association (PMA)
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.
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Manufacturing
The Evolving Landscape of EV Manufacturing
Pailton Engineering
Pailton Engineering evaluates the implementation of microfactories versus gigafactories for electric vehicle manufacturing.
Microfactories offer the opportunity to produce electric vehicles at a price point competitive with those powered by internal combustion engines.
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