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GF Machining Solutions, GF Piping Systems Share New Irvine, CA, Facility

Senior Jim Lorincz

10/15/2014

Georg Fischer is a Swiss-based global company with 14,000 employees in three business units serving global industries involved in water and gas transport (GF Piping Systems), precision parts manufacturing (GF Machining Solutions), and automotive safety and efficiency (GF Automotive).In early October, two of the three business units GF Machining Solutions and GF Piping Systems, celebrated the dedication of their new 105,000 ft2 joint facility in Irvine, California, with a ribbon cutting ceremony and an open house. Full Article

US Machine Tool Orders Forecast to Rise on Economic Growth



Senior Editor Bill Koenig

10/15/2014

US machine tool orders will rise 5% in 2015 as the US economy outpaces the rest of the world, according to an economic forecast presented at an Association for Manufacturing Technology conference in Detroit.That compares to a projected 0.6% increase for 2014, according to the forecast by Oxford Economics. Full Article

PwC: Manufacturers Optimistic on Revenue Growth, Concerned About Economy



Senior Editor Bill Koenig

10/7/2014

US manufacturers are more optimistic about revenue growth despite increased economic concerns, PricewaterhouseCoopers said.Respondents in a third-quarter PwC survey forecast an average revenue increase of 5.6% over the next 12 months, an increase from 5.2% in the second quarter and 4.2 percent in 2013’s third quarter. Full Article

Mitsubishi Electric Launches Auto Parts Production, Sales in Mexico



Press Release - Mitsubishi Electric Corporation

10/9/2014

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its new Mexican subsidiary, Mitsubishi Electric Automotive de Mexico, S.A. de C.V., commenced automotive parts manufacturing and sales operations in October. The new base in Mexico, where car production is thriving, will put Mitsubishi Electric in a better position to expand its auto parts business in the Americas. Full Article

Ford Announces New Blue Oval STEM Scholarship Program



Press Release - Ford Motor Company

10/13/2014

Ford today announced a new Ford Blue Oval STEM Scholarship Program during the kickoff of its 30th annual High School Science and Technology Program (HSSTP). The new scholarship program will provide $500,000 in scholarships over four years to 50 students interested in pursuing degrees in science, technology, engineering or mathematic (STEM) fields. Full Article

US Adds 4,000 Manufacturing Jobs in September



Senior Editor Bill Koenig

10/6/2014

The United States added 4,000 manufacturing jobs in September from August and 161,000 jobs from a year earlier, the US Bureau of Labor Statistics said in its monthly jobs report released Oct. 3.Manufacturing jobs totaled 12.154 million for the month. That’s up from 12.15 million in August and 11.993 million in September 2013. Full Article

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