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SHRM LINE: January hiring rates to increase compared with a year ago

January 5, 2017

In January, more manufacturers and service-sector employers will add jobs compared with January 2016. Headcount reductions also will decline in both sectors compared with a year ago.A net of 41.7 percent of manufacturers will add jobs in January (48 percent will hire; 6.3 percent will cut jobs)....

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Ford to invest $700 million in Michigan plant

January 4, 2017

Dearborn, Mich.-based Ford Motor Co. has announced it will invest $700 million to renovate and expand its assembly plant in Flat Rock, Mich., creating 700 jobs. The automaker canceled plans to build a new, $1.6 billion assembly plant in Mexico, but will build its next-generation Focus® at its...

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IFS Coatings architectural powder coatings now have EPDs

January 4, 2017

Gainesville, Texas-based IFS Coatings has announced that each product in its architectural series—IFS 300SP and IFS 400SD powder coatings and IFS 500FP high-performance powder coatings—has an Environmental Product Declaration (EPD).An EPD is an internationally recognized and standardized...

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AAM appoints VP/CIO

January 4, 2017

American Axle & Mfg. Inc., Detroit, a manufacturer of driveline and drivetrain systems and related components and modules, chassis systems, electric drive systems, and metal formed products for vehicles, has promoted Donald E. Wright to the position of vice president/CIO. Wright joined the company...

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Canatal Steel to expand in Virginia

January 4, 2017

Canatal Steel USA, a subsidiary of Canada-based Canatal Industries, will invest $1.5 million to expand its structural steel fabrication operation in Botetourt County, Va. The expansion project is expected to create 38 new...

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Heidenhain names C&C Machine Tool as distributor in Minnesota

January 4, 2017

Heidenhain, Schaumburg, Ill., has named C&C Machine Tool Inc., Minneapolis, as a distributor of the Acu-Rite brand of equipment components in Minnesota. C&C Machine Tool specializes in the sale and servicing of Sharp, Acer, and Bridgeport mills equipped with Acu-Rite readouts and...

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Caster Concepts acquires Mitchell Golf Equipment Co.

January 4, 2017

Albion, Mich.-based Caster Concepts Inc., a manufacturer of heavy-duty industrial casters and wheels, has acquired Mitchell Golf Equipment Co., Dayton, Ohio, a producer of professional club performance tools, repair equipment, and supplies. Production of all Mitchell Golf products has been...

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ISM ROB: PMI® at 54.7 percent; new orders, production, employment growing

January 4, 2017

Economic activity in the manufacturing sector expanded in December, and the overall economy grew for the 91st consecutive month, said the nation’s supply executives in the latest Manufacturing ISM Report on Business®.The report was issued Jan. 3 by Bradley J. Holcomb, CPSM, CPSD, chair of the...

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Report explores future of global welding equipment market

January 3, 2017

Research and Markets, Dublin, Ireland, has released the report, "Global Welding Equipment Market (Arc, Laser Beam, Resistance, Oxy-Fuel).” The comprehensive research report analyzes the global welding equipment market on the basis of technology, end-use industry (building and construction,...

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KPS Global to expand in Tennessee

January 3, 2017

KPS Global LLC, Piney Flats, Tenn., a manufacturer of walk-in coolers and freezers, has announced plans for expansion.The $1.5 million expansion is expected to create 64...

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ITA establishes charitable foundation

January 3, 2017

International Titanium Association (ITA) has announced it has established the International Titanium Foundation (ITF). The charitable foundation will offer opportunities to the titanium industry to make tax-free contributions in support of connecting youth interested in science, technology,...

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NSA Industries acquires New Hampshire Precision Metal Fabricators

January 3, 2017

NSA Industries LLC, St. Johnsbury, Vt., has acquired New Hampshire Precision Metal Fabricators, Londonderry, N.H., a provider of fabrication and powder coating services. The entire New Hampshire Precision operation will be moved to NSA’s St. Johnsbury facility or its new Groveton, N.H., facility,...

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FMA Management Advisory Council member opens consultancy business

January 3, 2017

Mike Mastroianni, a member of the Fabricators & Manufacturers Association Intl.’s (FMA’s) Management Advisory Council and former president of Rock Valley College, Rockford, Ill., now is president of a Rockford-based business consulting firm, MDM Consulting, working with a handful of other...

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Sparks Custom Fabrication to expand in Tennessee

January 3, 2017

Sparks Custom Fabrication LLC, a manufacturer of custom-made equipment for the food service industry, has announced plans to expand in Adamsville, Tenn. The company will create about 140 new jobs and add 10,000 sq. ft. of warehousing space to its existing...

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Water-based coatings for protective market to surpass solvent-based coatings by 2020

January 3, 2017

Historically, solvent-based coatings have maintained the largest share of the protective and specialty coatings market. However, solvent-based coatings are projected to be surpassed by water-based coatings by 2020 as regulatory concerns continue to affect the protective and specialty market....

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