05062016Fri
Last updateFri, 06 May 2016 6pm

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Food and Beverage Processing

Food and Beverage Processing

When wandering the grocery store aisles,...

Variable Frequency Drives in Electric Actuators

Variable Frequency Drives in Electric Actuators

Electric actuators are vital for operati...

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Industry Headlines

Emerson Reports Second Quarter 2016 Results

3 HOURS AGO

Emerson announced net sales in the second quarter ended March 31, 2016 were down 9%, with underlying sales down 5% excluding unfavorable currency translation and an impact from divestitures of 2% each. As anticipated, oil and gas and industrial end markets remained under pressure during the quarter ...

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A.W. Chesterton Expands Training and Services Facility

1 DAY AGO

A.W. Chesterton Company has expanded its facilities north of Boston with a new valve emissions testing facility, an expansive industrial training center and an industrial equipment service location to support its New England‐based customers.

The New England Service Center expansion provides mechanical...

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Hydraulic Fracturing Accounts for Two-Thirds of U.S. Gas Supply

1 HOUR AGO

For decades, hydraulic fracturing had been referred to as an unconventional completion technique, but over the past 10 years it has become the technique by which most natural gas is produced in the U.S. Based on the most recent data from states, the U.S. Energy Information Administration estimates tha...

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Food and Beverage Sales Strongest in Four Years

23 HOURS AGO

The U.S. consumer packaged goods (CPG) industry registered its strongest growth in four years in 2015, and some of the biggest gains were achieved by companies targeting the fast-growing market for protein-rich foods and healthy, “mindful” snacks. These are among the findings of new resea...

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U.S. Added 160,000 Jobs, Unemployment Rate Unchanged

1 HOUR AGO

Total nonfarm payroll employment increased by 160,000 in April, and the unemployment rate was unchanged at 5.0% , the U.S. Bureau of Labor Statistics reported today. Job gains occurred in professional and business services, health care and financial activities. Job losses continued in mining. Employme...

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Factory Orders in the U.S. Increased in March

1 DAY AGO

New orders for factory goods rose 1.1% in March after falling a revised 1.9% in February, thanks largely to an increase in demand for defense equipment, the Commerce Department reports. This March increase in new orders was higher than the 0.6% rise economists predicted.

Durable-goods orders rose 0.8%,...

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Manufacturing Job Openings Notably Increased in May

The number of job openings in May was 3.6 million, little changed from April. Job openings increased for manufacturing, government, and state and local government. The number of openings also increased for the Midwest region. The level of total nonfarm job openings in May was up from 2.4 million at the end of the recession in June 2009.

The latest Job Openings and Labor Turnover Survey from the Bureau of Labor Statistics showed that manufacturing job openings rose significantly, up from 259,000 in April to 310,000 in May.

Current hiring levels were essentially flat, down from 260,000 to 258,000 for the month. This is 2.2% of the total manufacturing workforce, a rate that has been the same since February.

Meanwhile, manufacturing separations—which include layoffs, retirements, and quits— were up slightly from 239,000 to 241,000, or 2% of the manufacturing workforce. This suggests net hiring of 17,000 for May, down from 21,000 in April.

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