A UK manufacturing boom has helped one of the world’s leading press manufacturers secure its biggest pipeline of new machine orders for years. Bruderer UK, which employs 12 people at its factory in Luton, is in the process of installing its seventh new high-speed press in the last 12 months – a 50% increase on […]
Reshoring News
Caterpillar Inc. (CAT) stock has crushed the market and the Zacks Industrial Products sector over the trailing 12 months and the last decade. The construction and mining equipment superpower is benefitting from the ongoing U.S. construction boom and CAT is prepared to ride various megatrends, such as infrastructure and energy spending higher over the next […]
Peak shipping season is expected to be weak amid high inventory levels and holiday spending uncertainty, a supply chain economist said. In a recent project44 webinar, Jason Miller, professor of supply chain management at Michigan State University, said consumers have spending power but are strained. Still, they’ve yet to reach a breaking point. “The real […]
Artisan Partners, an investment management company, released its “Artisan Small Cap Fund” second quarter 2023 investor letter. A copy of the same can be downloaded here. In the second quarter, its Investor Class fund ARTSX returned 1.10%, Advisor Class fund APDSX posted a return of 1.19%, and Institutional Class fund APHSX returned 1.19%, compared to a […]
“Supply chain disruptions continue to crush access to the assets manufacturers need three years on,” said David Normandin, president and CEO of Wintrust Specialty Finance. “The availability of raw materials, the reliance on specialty equipment, and the logistics that come with a robust, multi-stage production journey — from source to vendor to manufacturer to customer […]
NEW YORK, Aug. 30, 2023 /PRNewswire/ — The automated industrial quality control (QC) market size is forecast to increase by USD 242.06 million from 2022 to 2027, at a CAGR of 5.66%, according to the recent market study by Technavio. The growing need to maintain certification standards is notably driving the market growth. The overall profitability of any business hinges significantly on […]
Aug 30 2023Reviewed by Megan Craig, M.Sc. HydRegen, the biotechnology company enabling sustainable chemical manufacturing, and researchers from the University of Nottingham’s Faculty of Engineering collaborate in a project to unlock sustainable biocatalytic hydrogenation and receive grant funding from BBSRC, EPSRC and IUK to complete the feasibility study. The joint investment by the Biotechnology and […]
The industrial sector continues to power through, despite a slowdown in new construction starts. Image by Bilanol/iStockphoto.com The Federal Reserve’s fight against inflation has resulted in a series of interest rate increases spanning 18 months, the latest CommercialEdge report noted. As a consequence, industrial construction starts and sales have experienced a slowdown, despite robust rent […]
Mining is a quintessential legacy industry, controlled by a small cohort of entrenched, highly emitting companies like Rio Tinto and BHP. Fledgling companies have struggled to overcome the high costs required to disrupt traditional extractive technologies. It’s no wonder that venture investors have historically steered clear of the industry. But, enticed by new innovations, VCs […]
Production at Merit3D has catapulted to 500 times more than last year, Loveless says. Last year, Merit3D was awarded funding to purchase some equipment under the Utah Manufacturing Modernization Grant. Shortly after that, the company scored a contract to make 1 million epoxy-tube mixing nozzles—the largest 3D order ever made, according to Merit3D. Merit3D currently […]
