Contract Maintenance
Manufacturing index continues solid pace in May
The purchasing manufacturers' index (PMI) stayed above 60% for the fourth straight month, finishing at 61.2%.
Tribology group appoints president for 2021-22
Ken Hope, a 30-year industry veteran from Chevron Phillips Chemical, has been appointed as president of STLE from 2021-22.
Cutting tool orders make large jump in March
U.S. cutting tool consumption jumped almost 20% in March according to the U.S. Cutting Tool Institute (USCTI) and Association For Manufacturing Technology (AMT).
Manufacturing index stays strong in April
The purchasing manufacturers' index hits 60.7% in April as new orders, production and employment continue to grow for manufacturing.
Cutting tool orders increase in February
The U.S. Cutting Tool Institute (USCTI) and Association for Manufacturing Technology (AMT) reported a 3.3% increase in February over the prior month, but it remains down by almost 20% compared to the same period in 2020.
Manufacturing index continues positive trend in March
Purchasing manufacturers' index jumps to 64.7% in March as demand, employment rise.
Equipment finance confidence rises to 2-year high in February
Confidence in the equipment finance market jumped almost five points to 64.4 in February thanks to high demand due to the COVID-19 pandemic.
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Manufacturing demand remains strong in spite of the COVID-19, but workers are still adjusting.
Manufacturing industry records growth for eighth straight month
January manufacturing index slides a bit from December to 58.7%, but industry still showing strength.
Cutting tool orders decline in November
Cutting tool consumption in the U.S. declined almost 10% in November compared to the previous month and almost 20% compared to November 2019.