The U.S. Plastics Industry in 2022 in seven charts
The U.S. plastics industry continued to grow in 2022 against the backdrop of weaker domestic and global economic growth. Data shows that the U.S. economy’s output contracted in the first half of 2022 and was followed by what appears to be a tepid output growth rate in the second half of 2022. The manufacturing sector—plastics industry included—continued to adjust to domestic and global economies that have started to downshift into a...
Achieve a cleaner, low-carbon operation with propane
Forklifts are essential for any warehouse, distribution center, or production facility, and choosing the right energy source for forklifts has an immediate impact on operations and a lasting repercussions on the environment. Supply chains contribute significantly to a company’s carbon footprint. In fact, the carbon emissions in supply chains are, on average, four times those of a company’s direct operations. Forklift fleets are often...
Why we confuse tenure with experience
A tenured employee is someone who has worked for a company or organization for a number of years. Employees that have worked for a company for more than five years are considered long-tenured employees, while those that have worked for a company for less than five years are considered short-tenured employees. Employees with tenure usually have more expertise in their positions than others. But often, this expertise isn’t what we...
Engineering the next generation
Sulzer sets up collaboration with Fontys University to provide students with real-world engineering knowledge Improving processes and unlocking future innovations relies on new ideas. Many of the engineers of tomorrow who will deliver these breakthroughs are currently learning their craft at university. However, students at Fontys University of Applied Sciences are already making a difference in the world of engineering thanks to an...
Cheers to a New Year!
I hope that everyone reading this is coming off a great 2022 and is ready to come out of the gate firing on all cylinders in 2023. As I write this article, topics such as inflation, interest rates, economic outlook, supply chain, automation, technology, competition for talent, and electrification of the North American forklift fleet remain at the top of mind for many lift truck dealers. These topics and their impact on our industry...
Continued Q4 decline in new Industrial Manufacturing with 118 planned projects in November 2022
IMI SalesLeads announced the November 2022 results for the newly planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms Q4 Projects Totals to be October with 129 new projects and November with 118 new projects...
Decide to make everyday the First of the Year
Well, it’s a new year again. More resolutions, more goals, more plans. If the new year only ran until February, we would be fine. Most people can only keep their resolutions and goals going for about a month. Don’t take my word for it ask any fitness center. Crammed in January, empty in February. Hey, wait a minute. Didn’t someone say it only takes 30 days to make a habit? So how come if I can keep it up through January that I can’t...
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