manufacturing

Parts shortage from Mexico slows Volvo plant in US

Volvo Cars is facing supply chain issues from factories in Mexico, according to CEO Hakan Samuelsson.

Samuelsson said supplier issues in Mexico and lower demand for its S60 sedans were partly to blame for the Ridgeville, South Carolina, plant being idle since June 3.

“First is the disturbances in the supply of parts from Mexico. But it is also a supply-and-demand issue for the S60. There is definitely a market trend toward SUVs,” Samuelsson said Tuesday in Automotive News Europe.

Volvo’s...

https://s29755.pcdn.co/news/parts-shortage-from-mexico-slows-volvo-plant-in-us

Paycheck Protection Program loans in manufacturing

The public release of data for Paycheck Protection Program (PPP) loans exceeding $150,000 on Monday by the Small Business Administration has provided visibility into the far-reaching impact of this program. Much has already been written about the impact of PPP on the motor carrier and 3PL sectors, but the PPP’s effect on manufacturing has been less explored. As substantial freight volume comes from manufacturing activity, especially for LTL carriers, examining how PPP loans have affected the...

https://s29755.pcdn.co/news/paycheck-protection-program-loans-in-manufacturing

Manufacturers adapt in uncertain times

The ongoing trade war between the U.S. and China has sparked a manufacturers migration from China to the U.S. and Southeast Asia. Many American-based companies are considering manufacturing domestically as a solution to the turbulent economic times.

One such company is CIE Manufacturing (formerly CIMC Intermodal Equipment), which is in the final stages of adding manufacturing capabilities to its North American facilities. The move will help insulate CIE from trade disruptions and allow the...

https://www.freightwaves.com/news/manufacturers-adapt-in-uncertain-times

Coronavirus Impacts Electronics And Automobile Sectors

  • China’s factory and transport shutdown are seriously impacting global supply chains.
  • Forwarders are grappling with resulting cashflow constraints.
  • Coronavirus fallout has the biggest impact on the consumer electronics and automobile industries.
  • Shipments of smartwatches to fall by 16%, smart speakers and notebooks by 12% and smartphones by 10%.
  • In India, freight forwarders are bearing the brunt of the country’s reliance on China.

According to an article published in The Loadstar, China’s...

http://mfame.guru/coronavirus-impacts-electronics-and-automobile-sectors/

Manufacturing thriving in Northeast Florida

JAXPORT’s article:

Some 1,500 manufacturing companies can’t be wrong. Those with solid business models are thriving across Northeast Florida in a wide variety of industries, planted in a region with exceptional transportation and logistics, served by a deep, energetic workforce.

Manufacturers provide 93 percent of Florida’s exports, according to the First Coast Manufacturing Association (FCMA). That level of activity puts JAXPORT to work. Exports provide an excellent counter-balance to the port’s...

https://container-news.com/manufacturing-thriving-northeast-florida/

TWIN DISC ADDS VETH PROPULSION TO ITS FAMILY OF PRODUCTS

Recently, Twin Disc, Inc. acquired Veth Propulsion, a global supplier of main and auxiliary marine propulsion products.

“I am excited to announce the accretive acquisition of Veth Propulsion. Twin Disc has worked with Veth Propulsion for over two years, and the companies share similar cultures based on providing customers with high-quality products and leading design, engineering, and manufacturing services,” said John H. Batten, President and CEO of Twin Disc.

“Veth Propulsion strategically...

https://www.workboat.com/press-release/twin-disc-adds-veth-propulsion-to-its-family-of-products/

Austal USA hosts littoral combat ship 22 christening

Austal USA recently christened the 22nd LCS for the Navy. Austal USA photo

Austal USA hosted the christening of the U.S.’s 22nd littoral combat ship (LCS), the future Kansas City, at its state-of-the-art ship manufacturing facility last Saturday. Kansas City is the 11th of 17 Independence-variant LCSes Austal USA has under contract with the U.S. Navy.

The Independence-variant Littoral Combat Ship is a 421’6″x103.7′ high-speed, agile, shallow draft, focused-mission surface combatant designed to conduct Surface Warfare, Anti-Submarine Warfare, and Mine Countermeasures...

https://www.workboat.com/news/shipbuilding/austal-usa-hosts-littoral-combat-ship-22-christening/

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