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ISM manufacturing data is up, but still not back to growth
March 1, 2016
In its Manufacturing Report on Business, ISM said that the PMI, its index to measure growth, was 49.5 in February (a reading of 50 or higher indicates growth), topping January by 1.3 percent and sub-50 for the fifth month in a row.
2016 Productivity Achievement Award winners announced
March 1, 2016
Modern’s 2016 Productivity Achievement Awards honor companies that have made outstanding strides in improving operations through materials handling and related information systems.
Other Voices: Industry credentials and veterans a pathway to closing the skills gap
February 29, 2016
Veterans offer an untapped resource for materials handling positions, especially given the U.S. military is built on logistics.
Global motion control shipments contract 3.9% in 2015
February 29, 2016
Despite decline, categories such as AC motors (98.6%) and support services (47.2%) grew in the fourth quarter over the previous year.
MHI announces Innovation Award finalists
February 26, 2016
Winners to be announced on April 6 during the MHI Industry Night celebration at Modex.
Balanced innovation among U.S. manufacturers is key to growth
February 26, 2016
Grant Thornton survey suggests holistic approach to innovation of products, business models and processes may blaze trail for success for U.S. manufacturers.
RIT engineering students take Toyota Production System from classroom to practical application
February 24, 2016
Students record cycle time studies and create material and information flowcharts.
Industrial robotics market in heavy industries to grow at 6.2% CAGR during 2016-2020
February 23, 2016
Material handling robots segment accounted for nearly 47% of the global industrial robotics market in heavy industries in 2015.
Manufacturers unsure about cybersecurity protections
February 18, 2016
BDO and MPI study indicates 49% of manufacturers are unsure or not confident in their ability to prevent a cybersecurity breach at their company.
Hyster-Yale to purchase majority stake in Italian attachment manufacturer Bolzoni S.p.A.
February 15, 2016
After 70 years in business, Bolzoni reported 2015 revenues of $150 million.
Rockwell Automation to acquire MagneMotion
February 11, 2016
MagneMotion specializes in intelligent conveying systems used in automotive, general assembly, packaging and material handling applications.
NRF estimates 3.1% annual hike in 2016 retail sales but economic worries persist
February 11, 2016
Estimate comes in higher than the 10-year average of 2.7%, but falls short of the NRF’s 2015 estimate of 4.1%.
New JDA/SCM study reveals link between integrated business planning and decision making
February 9, 2016
Joint research report finds that 63% of C-level executives believe IBP is effective and impactful, supporting a unified supply chain strategy.
Clearpath CEO joins Robotic Industries Association as a new board director
February 9, 2016
Clearpath CEO Matt Rendall selected as one of RIA’s four at-large directors.