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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

Spirax Sarco Supporting the Enbridge Ride to Conquer Cancer

10 HOURS AGO

Spirax Sarco USA is teaming up with Spirax Sarco Canada for the Enbridge Ride to Conquer Cancer. From June 11-12, 2016, participants will cycle 200 km with thousands of other men and women throughout the countryside of Ontario, Canada. All net proceeds will benefit Princess Margaret Cancer Centre.

Th...

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Garlock Acquires Rubber Fab Technologies

1 DAY AGO

Garlock has acquired the business and assets of Rubber Fab Gasket & Molding Inc. through its parent company EnPro Industries.

Rubber Fab, headquartered in Sparta, NJ, is a recognized supplier of high performance sanitary gaskets, hoses and fittings for hygienic process industries such as pharmace...

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G7 Countries Vow to Support Energy Investments

6 HOURS AGO

Leaders from Canada, France, Germany, Italy, Japan the UK and the U.S. have pledged to “promote investing in energy projects through the oil price crash to ensure a steady stream of supply” and “encourage financial institutions to invest in energy projects and infrastructure,&rdquo...

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New Study Shows Demand for Natural Gas Will Grow

9 HOURS AGO

The National Association of Manufacturers (NAM) Center for Manufacturing Research and IHS Economics released a new comprehensive study that reveals how natural gas has strengthened manufacturing and encouraged U.S. manufacturing growth and employment and highlights the positive impact to communities a...

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U.S. Economy Grew 0.5% in First Quarter

1 DAY AGO

U.S. GDP increased at an annual rate of 0.5% in the first quarter of 2016, according to the advance estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 1.4%.

The increase in real GDP in the first quarter reflected positive contributions from personal consumpt...

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ISM: Manufacturing Activity Increased in April

2 DAYS AGO

Manufacturing expanded in April as the PMI registered 50.8%, a decrease of 1% from the March reading of 51.8%, indicating growth in manufacturing for the second consecutive month, following five consecutive months of contraction in manufacturing.

The Institute of Supply Management (ISM) reports that 15...

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Almost 40% of Manufacturing CFOs Predict Recession Won't End Until Second Half of 2010

While some economic signs seem to be improving, nearly 38% of manufacturing CFOs and senior comptrollers surveyed by Grant Thornton LLP do not expect to see the U.S. economy coming out of the current recession until the second half of 2010.

 

Nearly 27% expect the recession to end during the first half of 2010, and nearly 15% see a more bullish outlook, predicting the recession will end by the end of 2009.The bears weighed in also, however, with some 20% of CFOs not expecting to see a turnaround until 2011 or beyond.

 

Source: Industry Week

 

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