MANUFACTURING

Manufacturing

Manufacturing Technology Orders Highest in Two Decades for First Two Months of 2022

Edited by Margo Ellis, Former Editor, Valve Magazine

However, several headwinds stand in the way of growth, most notably inflation. Persistent inflation, exacerbated by geopolitical events, threatens to undermine the base of consumer demand that has supported the manufacturing technology industry the last twelve months.  

Insights

Kearney Reshoring Index Remains Negative, but the Tide is Turning

Edited by Margo Ellis, Former Editor, Valve Magazine

Annual report on the extent of reshoring shows little change over the previous year but predicts that a redefinition of reshoring will soon create dramatic change, with companies combining reshoring and nearshoring to create a best cost — rather than a lowest cost — supply chain.

Manufacturing

Research Finds Limited Economic Cost to Carbon Emission Goals

Edited by Margo Ellis, Former Editor, Valve Magazine

While researchers find that immediate economic benefits of carbon emissions reductions are limited, most scenarios have net economic benefits after 2050, and the vast majority (more than 75%) by 2080.

Manufacturing

EPA Rule Would Finally Ban Asbestos

Edited by Margo Ellis, Former Editor, Valve Magazine

Asbestos, which was once common in home insulation and other products, is banned in more than 50 countries and its use in the United States has been declining for decades. 

Insights

NIST MEP Helps Manufacturers Respond to the Pandemic and Thrive Despite It

Edited by Margo Ellis, Former Editor, Valve Magazine

MEP Centers in every state are helping companies in new and different ways that include helping protect their workforce during the pandemic, finding sources of capital, stabilizing their supply chains and protecting manufacturers from cybersecurity threats. 

Applications

The Biggest Valves: Sizes Growing in Step with Greater Demand

Valve manufacturers that have the expertise, skills, equipment and facilities to produce large valves are rare.
#water-wastewater #ball-butterfly-plug

Manufacturing

ITT Acquires Habonim, a Leading Provider of Industrial Valves and Actuators

Edited by Margo Ellis, Former Editor, Valve Magazine

ITT Inc. announced on April 4, 2022, that it has acquired privately held Habonim for $140 million in an all-cash transaction.
#actuators #VMAnews

Manufacturing

U.S. Adds 431K Jobs in March in Sign of Economic Health

Edited by Margo Ellis, Former Editor, Valve Magazine

Across the economy in March, hiring gains were widespread. Restaurants and bars added 61,000 jobs, retailers 49,000, manufacturers 38,000 and hotels 25,000.

Insights

Deloitte and The Manufacturing Institute: Big Gains in Perceptions of U.S. Manufacturing as Innovative, Critical and High Tech

Edited by Margo Ellis, Former Editor, Valve Magazine

“The pandemic has raised awareness of the essential role of manufacturing in our lives. We are now at a watershed moment when a new wave of workers is needed to further advance our use of technology and maintain U.S. economic competitiveness. This industry is critical to bolstering our economy long term,” said Paul Wellener, vice chair and U.S. industrial products and construction leader, Deloitte LLP.

Manufacturing

Crane Co. Board Approves Plan to Separate into Two Companies

Edited by Margo Ellis, Former Editor, Valve Magazine

Upon completion, Crane Co.’s shareholders will benefit from ownership in two focused and simplified businesses that are both leaders in their respective industries and well-positioned for continued success.
#VMAnews