steel, tariffs, contracts

U.S. Manufacturing Contracts as Steel Tariffs Loom Large

 The U.S. manufacturing index contracted for the fourth straight month in November — just as the Trump administration resurrected steel and aluminum tariffs on Argentina and Brazil. Global trade issues, according to the Institute for Supply Management, remain the top cross-industry concern for America’s manufacturers as the year ends.  The ISM’s PMI dropped by 0.2…

Government Issues Final Rule on Anti-Counterfeit Measures

The Department of Defense, NASA and the General Services Administration are issuing a final rule amending the Federal Acquisition Regulation (FAR) to require contractors and subcontractors to report to the Government-Industry Data Exchange Program (GIDEP) certain counterfeit or suspect counterfeit parts and certain major or critical nonconformances. To date, reporting suspicious products to GIDEP has…

Gowanda Expands Passives Lines via RCD Components Acquisition

Gowanda Components Group is pleased to announce the acquisition of RCD Components, headquartered in Manchester, New Hampshire. RCD is a manufacturer of passive components – including resistors, capacitors, coils and delay lines – for the commercial, military and aerospace industries. This is the ninth acquisition for GCG within the last seven years. “The addition of…