India’s manufacturing PMI ended the year at 56.4, a very healthy number. The unemployment rate has dropped to 6.5%, a further sign of recovery. Passenger vehicle sales in December rose by nearly 14% year-over-year...
The more complex the global marketplace becomes, the more attractive the idea of partnership is to many companies. Companies typically enter partnerships to seek benefits they cannot access themselves, and they seek partners for several reasons...
After a very sluggish 2020, due in no small part to the pandemic, European manufacturing metrics and opportunities are improving. The EU is making vast investments in the future of electric vehicles and renewable energy, and the defense sector remains...
Cyber-Physical Machine Tools (CPMT) are becoming ubiquitous parts of manufacturing sectors. CPMT offer immense potentials in the current CNC machine tool through integrating the machine tool and the machining process using computation and networking to...
Europe’s economic recovery continues to struggle with a resurgence of the pandemic, jeopardizing progress. Industrial production was down double-digits from a year ago but has been improving since June to a recent -7.7%. September’s Purchasing...
The industrial countries of the Americas south of the United States are rebounding at a surprising rate. Mexico is seeing major investments in the automotive supply chain, electronics, solar power, and more. Brazil’s industrial PMI is nearing 65...
After an unprecedented GDP contraction in the second quarter, India’s manufacturing sector is coming back with a vengeance. The manufacturing PMI was 56.8 in September, the steepest monthly rise in the last eight years. Other indicators, like...
The economies and industries of Europe were hit hard by the effects of the pandemic and are only now stabilizing a bit and starting to turn around. The auto industry is still upside down due to excess capacity but defense, aerospace, and medical...
As China returns to a pre-pandemic state of affairs, manufacturing is back in full bloom. Infrastructure and regional development plans are attracting major investment and bode well for the OEMs that supply the necessary equipment and materials...
Mexico, Brazil, and Latin America are adapting to the new normal ahead of schedule. The manufacturing industry is rebounding across the region with numerous new investments and sales opportunities. Pivots in supply chain strategies, a focus...