Supply Chain Shakes Off Winter Fatigue

After a seemingly interminable winter, manufacturing indexes are finally shaking off the effects of a record cold snap in the U.S. The Institute for Supply Management’s PMI, a leading index of purchasing managers, inched up a bit in March to 53.7 percent. More importantly, the ISM production index, which fell dramatically since the beginning of…

Jabil Posts Loss in Q2

Today Jabil Circuit, Inc. (NYSE: JBL), announced preliminary, unaudited financial results for its second quarter of fiscal year 2014. As a result of the anticipated sale of Jabil’s aftermarket services business, this business is reported as “discontinued operations” in the unaudited financial results for all periods presented. The company reported second quarter revenue of $3.6…

Manufacturing Shifts Toward a Multi-Source Strategy

This week’s announcement that Whirlpool Corp. is doubling the size of its Greenville, Ohio manufacturing plant and adding 400 jobs is another example of how U.S. manufacturing is moving back onshore. Or is it? Onshoring (or reshoring) is occurring, according to Wade McDaniel, vice president for solutions development for global distributor Avnet Inc., but so…

Combo Devices to Drive Inertial MEMS Sensor Growth

Lyon, France – Inertial sensors represent the largest MEMS market, accounting for more than $3.5 billion in 2012, according to Yole Développement and System Plus Consulting. A new report from the research firms finds that combination devices including accelerometer/gyroscope combos, e-compass and 9-axis sensors will drive future growth as standalone inertial devices (1- to 3-axis accelerometers,…

HSBC: U.S. Technology Will Lead Export Growth

It might be hard to reconcile U.S. export optimism against  factors such as offshoring, but HSBC finds trade optimism among U.S. business leaders is at an all-time high. Moreover, according to HSBC analysis,  the U.S. is positioned to retain its dominance as a global technology export leader, including in industrial machinery, for the next  20…

Whirlpool Expands US Manufacturing

Whirlpool Corporation (NYSE: WHR) announces today that it will invest $40 million to nearly double the size of its Greenville, Ohio, small appliance manufacturing operations. The expansion is expected to generate approximately 400 new jobs by 2018 – bringing the facility to a total workforce of about 1,400 employees. Executives say strong demand for KitchenAid small…