Contract Maintenance

Courtesy: CFE Media and Technology
Business of Engineering June 1, 2021

Manufacturing index continues solid pace in May

The purchasing manufacturers' index (PMI) stayed above 60% for the fourth straight month, finishing at 61.2%.

By Chris Vavra
Dr. Ken Hope of Chevron Phillips Chemical Company appointed to one-year term as 2021-2022 president of the Society of Tribologists and Lubrication Engineers (STLE). – Courtesy of Chevron Phillips Chemical
Business of Engineering May 19, 2021

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.

By Society of Tribologists and Lubrication Engineers (STLE)
Courtesy: Cutting Tool Institute (USCTI)
Business of Engineering May 19, 2021

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).

By Cutting Tool Institute (USCTI)
Courtesy: CFE Media and Technology
Business of Engineering May 4, 2021

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.

By Chris Vavra
Courtesy: U.S. Cutting Tool Institute (USCTI)
Business of Engineering April 28, 2021

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.

By Cutting Tool Institute (USCTI)
Courtesy: CFE Media
Business of Engineering April 5, 2021

Manufacturing index continues positive trend in March

Purchasing manufacturers' index jumps to 64.7% in March as demand, employment rise.

By Chris Vavra
Confidence in the equipment leasing industry reached a 2-year high in February. Courtesy: Equipment Leasing & Finance Foundation
Business of Engineering February 18, 2021

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.

By Equipment Leasing & Finance Association
Courtesy: CFE Media and Technology
Business of Engineering February 12, 2021

How we work now

Manufacturing demand remains strong in spite of the COVID-19, but workers are still adjusting.

By Kevin Parker
Courtesy: CFE Media and Technology
Business of Engineering February 1, 2021

Manufacturing industry records growth for eighth straight month

January manufacturing index slides a bit from December to 58.7%, but industry still showing strength.

By Chris Vavra
Courtesy: Association for Manufacturing Technology (AMT)
Business of Engineering January 25, 2021

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.

By Association for Manufacturing Technology (AMT)