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Industry Headlines

Natural Gas Prices in 2017-18 Expected to be Higher

Tuesday, 24 January 2017  |  Chris Guy

The U.S. Energy Information Administration (EIA) expects natural gas consumption to be higher in 2017 and 2018 than in 2016, based on a return to more...

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Industry Headlines

ATI Announces Singapore Partnership

-1 DAYS AGO

Automation Technology, LLC (ATI) has formed a partnership with Hekaph Koda Pte Ltd as its representative and valve automation solutions provider based in Singapore.

Hekaph Koda has a portfolio that includes valves, valve actuators, flow meters and high-quality, high-performance hand tools. They have m...

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Eastern Controls to Distribute ITT & PBM Valves

3 DAYS AGO

Eastern Controls, Inc. (ECI) is now an ITT & PBM factory authorized distributor for New York and northern New Jersey. ECI is the distributor for a variety of sanitary process valves and instrumentation which serve the life sciences industry.

ECI has been awarded factory authorization to sell both I...

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Natural Gas Prices in 2017-18 Expected to be Higher

-1 DAYS AGO

The U.S. Energy Information Administration (EIA) expects natural gas consumption to be higher in 2017 and 2018 than in 2016, based on a return to more typical winter temperatures. In 2017, use of natural gas for electric power generation is expected to decline from the record level in 2016 because o...

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Trumps Signs Order to Advance Dakota Access, Keystone Pipelines

-1 DAYS AGO

President Trump signed executive orders on Tuesday clearing the way for the Dakota Access and Keystone XL oil pipelines to move forward. He also signed an executive order to expedite environmental reviews of several other major projects.

“The orders will have an immediate impact in North Dakota...

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70% of Manufacturing Executives State Near-Sourcing Will Increase

-1 DAYS AGO

LMA Consulting Group recently conducted a proprietary research study to better understand outsourcing, near-sourcing and insourcing trends for U. S.–based manufacturers. Pending further analysis, a preliminary finding that shows that 70% of responding executives expect near-sourcing to increase ...

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Philly Fed: Mid-Atlantic Business Activity Hits Two-Year High

3 DAYS AGO

Economic conditions continued to improve in January, according to the Philadelphia Federal Reserve’s Manufacturing Business Outlook Survey. The index for current manufacturing activity in the region increased from a revised reading of 19.7 in December to 23.6 this month. Approximately 40% of t...

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ISM: Manufacturing Sector Grew in March

Manufacturing activity expanded in March for the 32nd consecutive month, and the overall economy grew for the 34th consecutive month, says the latest Manufacturing Institute for Supply Management (ISM) Report on Business.

The March PMI registered 53.4 percent, an increase of 1 percentage point when compared to February's reading of 52.4 percent. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

"The PMI registered 53.4 percent, an increase of 1 percentage point from February's reading of 52.4 percent, indicating expansion in the manufacturing sector for the 32nd consecutive month. The Production Index increased 3 percentage points from February's reading of 55.3 percent to 58.3 percent, and the Employment Index increased 2.9 percentage points to 56.1 percent. Of the 18 industries included in the survey, 15 are experiencing overall growth. Comments from the panel remain positive, with several respondents citing increased sales and demand for the next few months," said Bradley J. Holcomb, CPSM, CPSD, chair of the ISM Manufacturing Business Survey Committee.

To read the complete announcement click here

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