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Industrial Manufacturing: Page 126

U.S. Factory Activity Rose Briskly in February

Sales at U.S. factories rose at the fastest rate in three years in February, another clue the economy is revving toward faster growth this year.

South Korea's LG Electronics to Build U.S. Factory in Tennessee

South Korean conglomerate LG Electronics Inc. said it is planning to build a new washing machine factory in Tennessee, its first major U.S. plant, and hire at least 600 workers by the end of 2019.

Trump's Push for American-Made Could Disrupt NAFTA Supply Chains and Raise Consumer Prices

Shopping for a new set of wheels at a Chevy dealership recently, Patrick Spradlin had a few priorities: a good commuter car, room for his family of five, low maintenance costs and no more than $20,000.

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FLEXcon Takes On Digital Revolution With Automation, Workforce Changes

FLEXcon was founded in 1956 when Myles McDonough saw an unmet need. "My father was an adhesive salesperson with a chemistry background, helping customers throughout New England learn how to run and where to use newly developed acrylic based adhesives," notes his son, Neil. "He noticed that his customers frequently turned down small orders. If the order was for less than 3,000 yards, then it was not worth setting up the adhesive coating machine. He believed, and subsequently proved, that there was a good business in small custom orders, if you organized yourself effectively and priced the order appropriately."

North America's Biggest Car-Parts Maker Sees Border Tax Risk

North America's largest auto parts maker said a border adjustment tax being studied by President Donald Trump would probably hurt the automobile industry, while also increasing the odds that future factories will be located in the U.S.

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Boeing to Open First European Factory, to Invest 20M Pounds

Boeing Co. said it would invest 20m pounds ($24.98m) to open its first production facility in Europe to make components for certain aircraft.

After Weak Demand, Global Airfreight Market to Take Off

Analyst Insight: International and domestic air cargo transportation services have shown tepid signs of recovery in the years following the recession, with estimated average price growth of only 0.2 percent and 0.3 percent each year from 2013 to 2016, respectively. While weak demand growth for shipping services and falling capacity utilization have cut into revenue and profit margins for the market's suppliers, the outlook for airfreight carriers is not quite as bleak as it is for other global shippers. - Ashley Cruz, Procurement Research Analyst, IBISWorld Inc.

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Healthcare Firms Plan to Increase Data Security Spending, Survey Says

After several high-profile breaches over the past couple of years, the healthcare industry plans to increase its spending on IT security more than other sectors.

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Trump Talk Rattles Aerospace Industry, Up and Down Supply Chain

At this small factory south of Seattle, employees make one of the most specialized products in the aerospace industry; the rubber mats that Boeing workers stand on while assembling jets. As long as there are jets and Boeing, business would seem to be steady. But even here workers are bracing for bumps and economic uncertainty over the gritty details of where aviation parts get made and who makes them.

Customer Experience Is Top Priority in Supply Chain Operations, Study Says

While most retailers understand the importance of providing a consistently positive customer experience, many struggle with legacy technology that fails to address customer experience needs, according to a study, Redefining Final Mile Delivery in the Age of the Customer, released this month.

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Wal-Mart's Online Sales Jump as It Competes Against Amazon

The nation's largest retailer keeps working to make headway against the largest online seller.

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New Carrier to Launch Trans-Pacific Service in April

Seoul-based SM Shipping says it will launch its first service string connecting Asia and the U.S. West Coast on April 21.

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

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