Manufacturing Technology orders through October 2022 on pace with best year ever
New orders of manufacturing technology totaled $457.7 million in October 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology New orders of manufacturing technology totaled $457.7 million in October 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. October 2022...
Nucor investing in start-up company developing Zero-Carbon Iron Technology
Nucor Corporation has announced that it has made an equity investment in Electra, a Colorado-based start-up developing a process to produce carbon-free iron that can be used to make steel. The company uses renewable energy to refine low-grade iron ores into high-purity iron through electrochemical and hydrometallurgical processes. This material will be used in the steelmaking process to offset other high-quality metallics that come...
Millwood acquires Southworth Wood Products
The acquisition is Millwood’s second Waverly, OH location Millwood, Inc. acquired its second location in Southern Ohio and 35th location nationwide. Millwood Co-owners and Partners Chip Trebilcock and Steve Miller finalized the acquisition on September 1. This new location sits on 51 acres and will be referred to as MillTree East: A Millwood, Inc. Company and is just minutes from Millwood’s original MillTree West location in Waverly,...
Custom Industrial Products introduces “ChIP” as its new Brand Ambassador…and he’s quite the character
Say hello to ChIP, Custom Industrial Product’s newest addition to its family! ChIP acts as the brand ambassador for Custom Industrial Products, a leading material handling innovator specializing in vertical reciprocating conveyors (VRCs), mezzanines, and other safety-related products. ChIP is a reflection of Custom Industrial Products and its founding principles of hard work, and developing the right solutions based on safety and...
Diversified Plastics Inc. Business Development Manager elected to the Board of the Opexchange (SCMEP)
Diversified Plastics, Inc., an international rotational molder based out of Latta, South Carolina, announces that their Business Development Manager, John C. Leek, has been elected to the Board of The OPEXChange (SCMEP). The South Carolina Manufacturing Extension Partnership (SCMEP) is a private, non-profit group that serves as a proven resource to South Carolina businesses, providing them with a range of innovative strategies and...
Plastics machinery shipments: In sync with slower economy and up from 2021
The shipments of primary plastics machinery (injection molding and extrusion) in North America slowed in the third quarter according to the statistics compiled and reported by the Plastics Industry Association’s (PLASTICS) Committee on Equipment Statistics (CES). The preliminary estimate of shipment value from reporting companies totaled $353.8 million in the third quarter of 2022. While this is a decrease of 14.4% from the previous...
Global Shop Solutions employees celebrated as Emerging Leaders by NTMA
Developing homegrown leaders is one of the most important things companies can do to pave the way for continued success. Global Shop Solutions, a global provider of ERP software for manufacturers, has announced that Cynthia Ashby and Ryan Carpenter were identified as Emerging Leaders by the National Tooling and Machining Association (NTMA). NTMA is a U.S.-based trade association with 1,200 tool & die and precision manufacturing...