Shop Management News

Shop management encompasses everything from strategic planning to the nuts and bolts of statistical process control. Whether you're an executive, manager, or supervisor, you'll find articles about overcoming challenges and struggles just like yours.

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HRB prices drop 4 to 12 percent

October 30, 2008

The SteelBenchmarker™world export HRB price for Oct. 27 dropped 12.1 percent to $702 per ton, FOB the port of export for the sixth consecutive decline. The Chinese HRB ex-works price dropped...

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Durable goods orders post largest gain in three months

October 29, 2008

U.S. factory orders for durable goods rose 0.8 percent in September, the largest gain in three months. The gain is attributed to a surge in demand for airplanes and autos, according to data from the...

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Worthington Industries announces layoffs, facility closings

October 27, 2008

Columbus, Ohio-based Worthington Industries has announced that it is reducing its workforce by nearly 300 through a combination of plant closings and layoffs. The facilities to be closed are: in...

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Manufacturers ready to buy despite market woes

October 24, 2008

In contrast to the grim financial news from New York and around the world, an unprecedented number of attendees filled the halls on opening day at the 2008 FABTECH International & AWS Welding Show,...

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HRB prices plunge 8 to 24 percent

October 20, 2008

The SteelBenchmarker™Chinese HRB ex-works price for Oct. 13 plummeted 23.5 percent to $458 per ton for the second consecutive drop. The world export HRB price dropped 11.1 percent to $799 per...

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CCAT initiative wins national award

October 16, 2008

The Connecticut Center for Advanced Technology Inc. (CCAT) has received an award for Excellence in Technology-Based Economic Improvement from the State Science and Technology Institute (SSTI).The SSTI...

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Metal forming companies anticipating business decline

October 15, 2008

According to the October 2008 Precision Metalforming Association (PMA) Business Conditions Report, metal forming companies expect a severe deterioration in business conditions during the next three...

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Houghton receives Q1 award from Ford Motors in Brazil

October 14, 2008

Houghton Intl., Valley Forge, Pa., has received the Ford Q1 award, Ford Motor Co.'s highest recognition of supplier quality.Since 2004 Houghton's FLUIDCARE Division has provided chemicals and fluids...

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World Trade Commission visits Peddinghaus

October 14, 2008

Peddinghaus Corp., Bradley, Ill., hosted the Tri-City World Trade Commission in July.The commission has 18 trade commissioners representing 14 countries: Austria, Belgium, China, Canada, Great...

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FABTECH, METALFORM to partner with AMT

October 14, 2008

The FABTECH® International & AWS Welding Show including METALFORM will partner with The Association For Manufacturing Technology (AMT), McLean, Va., combining the efforts of several trade...

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Mech-Tronics celebrates 60th anniversary

October 14, 2008

Mech-Tronics, Melrose Park, Ill., a manufacturer of products for the avionics, aerospace, and defense industries, is celebrating its 60th anniversary. Sam and Eugene DeMuro founded the privately held...

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Honeywell Wintriss announces Canadian Master Distributor

October 11, 2008

Honeywell Wintriss has appointed Veugen Integrated Technologies (VIT) as its Canadian Master Distributor. VIT handles sales, installation, and service for the Honeywell Wintriss product line for...

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Metal formers expect somewhat weaker business conditions during next three months

September 22, 2008

According to the September 2008 Precision Metalforming Association (PMA) Business Conditions Report, metal forming companies expect business conditions to weaken somewhat during the next three months....

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BDI Engineering holds ribbon cutting for new facility

September 16, 2008

BDI Engineering held a ribbon-cutting ceremony for its new manufacturing facility in Warsaw, Ind., in June. The company purchased the facility late last year to serve as its corporate headquarters and...

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Houghton signs agreement to acquire D.A. Stuart

September 16, 2008

Houghton Intl. Inc., Philadelphia, has signed a definitive agreement to acquire D.A. Stuart. The transaction, anticipated to close in 2008, is subject to regulatory approval.Both companies are...

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