May U.S. Manufacturing Capex Higher Than April, But Off Year Over Year |
New orders of manufacturing technology increased 8.6 percent over April 2023 but fell short of May 2022 orders by 16.7 percent, according to the latest U.S. Manufacturing Technology Orders Report published by AMT–The Association For Manufacturing Technology. Year over year orders for 2023 lag those for 2022 by nearly 15 percent.
“May orders increased but not enough to make up for the record decline we saw in April,” says Douglas K. Woods, AMT president. “Job shops increased orders at a slightly faster pace than the general market, but many large consumers of manufacturing technology decreased orders for the second month in a row. Significant growth from typically smaller consumers of manufacturing technology highlights some interesting changes in how and where goods are manufactured, particularly in anticipation of government spending programs.” |
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MetalForming LIVE: July 18 and 25 |
The first session of the MetalForming LIVE
three-part webinar series, focusing on precision metal forming, is in
the books, but two more are coming up soon, geared toward automation and
fabrication in stamping facilities. Hosted by MetalForming magazine’s editors, each 90-min. session includes a presentation followed by a roundtable discussion with metal formers dispensing their expertise gleaned from extensive experience with the chosen topics. And, attendees can participate in lively Q&A discussions. Sign up today! |
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LISTEN: Sustainable Metals Recycling |
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Jennifer Betts joins Dean Phillips in Precision Metalforming Association’s Destiny of Manufacturing podcast, providing her insight on metalworking technology, process improvements, recycling of materials and women in manufacturing. Betts is the founder of Magnar Metals, Thousand Oaks, CA, a company devoted to promoting sustainable and efficient business practices to help reduce the environmental impact and minimize the carbon footprint of metals companies. |
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2023 Mexico Light-Vehicle Manufacturing Rises 13.9 Percent through June |
…according to the most recent data released by INEGI (Mexico’s statistics agency) and reported by Mexico News Daily. This jump, as compared to the first six months of 2022, reflects continued recovery from the pandemic in the Mexico light-vehicle production sector. INEGI data show production of 1.9 million light vehicles—76.5 percent were light trucks—in the first half of 2023. |
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Coming in October: Industry 4.0 Experience for Metal Formers & Fabricators |
The
Industry 4.0 Experience for Metal Formers & Fabricators is a
one-of-a-kind conference designed to educate metal forming and
fabricating plants on the latest in digital and plant-floor connectivity
technologies. Join us October 3-4 in Nashville, TN, when experts will
explain how automation, Internet of Things and additive manufacturing
are changing how manufacturers work. |
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Upcoming Issues |
MetalForming LIVE
- July 18: Automation in the Pressroom—Optimizing Revenue per Employee
- July 25: Fabrication for Metal Stampers
SPECIAL ISSUE: PMA’s Guide to METALFORM @FABTECH 2023
August
- Preview: FABTECH
- Pressroom Automation
- Lubrication Case Histories
- CNC Punching and Tooling
- Material Handling
- Technology and Enewsletter Focus: Robotics/Automation
September
- Mechanical Presses
- Die Build
- PREVIEW: Automotive Parts Suppliers Conference
- PREVIEW: Industry 4.0 Experience for Metal Formers and Fabricators
- Finishing
- Fabricating Software
- Technology and Enewsletter Focus: Industry 4.0
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MetalForming magazine is the official publication of Precision Metalforming Association. |
PMA Services Inc. |
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