Contract Maintenance

Global manufacturing recovery is bumpy and deceptive

The road ahead for manufacturing is bumpy due to disrupted supply chains, labor shortages, and high shipping and energy costs.

Global trends impact manufacturing in 2022

Manufacturing has gone through many seismic changes and more are on the horizon.

Equipment leasing up double-digits year to date

The ELFA reports September new business volume is up 6% year-over-year, 8% month-to-month and 10% year-to-date.

Chinese manufacturing rebound less pronounced than other countries

While manufacturing in China did well in 2020, Interact Analysis reports its growth will lag behind other countries in 2021.

Semiconductor manufacturing equipment billings Aug. 37.6% YoY

Semiconductor manufacturing billings were up more than 35% in August 2021 compared to the same period in 2020.

Labor shortages are major barrier for manufacturing recovery

Manufacturing is digging out from the impact of COVID-19, but its recovery is being hampered by a labor shortage in many major markets.

Smart factory institute to launch on Manufacturing Day

Peak Performance Inc., which launches on October 1, will be the first Smart Factory based in the United States.

Industrial consultancy firm acquired

SKF has acquired Rubico Consulting AB, a Swedish industrial consultancy firm that specializes in visualization and analysis of signal data.

Global semiconductor sales to pass $100 billion by 2022

Global sales of semiconductor manufacturing equipment by OEMs are forecast to surpass $100 billion next year according to a report by SEMI.

Equipment finance industry confidence higher in July

Confidence in the equipment finance industry rose to 72.9 in July as the industry as a whole is now close to full strength and shaking off the effects of COVID-19.