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Airbus’ Q3 performance grows despite supply chain snafus

Canadian Manufacturing

dollar despite supply chain issues. “The supply chain remains fragile resulting from the cumulative impact of COVID, the war in Ukraine, energy supply issues and constrained labor markets,” Faury said in a prepared statement. Despite higher earnings, Airbus faces big challenges.

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Eurozone manufacturing PMI at 48.5 in February

AU Manufacturing

The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, The single currency area’s manufacturing output volumes were largely constant in February, breaking an eight-month trend of declines. up from 48.9

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New business index drags down US PMI Composite Output in December

AU Manufacturing

The downturn marks the joint-sharpest since 2009, excluding the initial months in the wake of the pandemic. . Furthermore, new orders in the US manufacturing sector slumped significantly compared to their service sector counterparts. .

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AIB Ireland Manufacturing PMI: New orders fall at faster rate in December

AU Manufacturing

The Irish manufacturing sector recorded a second month of deteriorating operating conditions in December as new orders fell sharply, according to the latest AIB PMI® data. . Pressure on supply chains eased further, leading to the slowest round of input price inflation since February 2021. Any figure greater than 50.0

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SMMT Chief Executive Mike Hawes recognised for services to the UK automotive industry

SMMT

Mike Hawes, Chief Executive of the Society of Motor Manufacturers and Traders (SMMT), has been awarded an Officer of the Order of the British Empire (OBE) for services to the automotive industry in the King’s Birthday Honours List. It is one I share with a dedicated and talented team at SMMT and a UK industry which wants to be the best.

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Quantum Storage Systems/M&M Plastics Continues Updating Aging Fleet of Molding Machines, Orders 11 New LS Mtron IMM’s

Plastics News

Their vast experience in manufacturing injection molded plastic parts enables supply and capacity of over 200 million products annually. Don Thomas, General Manager of Quantum, oversees the company’s manufacturing operations. The company footprint is over 1.3 The company footprint is over 1.3 improving its molding output).

Cargo 98
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Manufacturing PMI® at 46.3%; March 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The March Manufacturing PMI ® registered 46.3 Chair of the Institute for Supply Management ® (ISM ® ) Manufacturing Business Survey Committee: “The March Manufacturing PMI ® registered 46.3