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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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Faster Programming and Training Helps Automotive Shop Thrive

Modern Machine Shop

In 2009, Speedway Motors of Lincoln, Nebraska, had only two CNC machines to machine its aftermarket car parts. In 2009, it only employed two people in the machine shop. based supply chains. This is especially useful for its shock work parts with tight tolerances. All images courtesy of HCL Technologies.

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UK car production down a fifth in first half but shortages beginning to ease

SMMT

uplift in overall output this year, with firmer recovery to follow as supply chain issues recede. 403,131 units were built, representing the weakest first half since the pandemic-ravaged 2020 and worse than 2009 when the global financial crisis decimated demand.1 Battery electric vehicle production increases by 6.5%

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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. . The upside is that weaker demand has taken pressure off supply chains which had been stretched during the pandemic. The Flash US PMI Composite Output Index reported a 44.6 rating in December, down from November’s 46.4,

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Eurozone manufacturing PMI at 48.5 in February

AU Manufacturing

The index was pulled lower by the sub-components for suppliers’ delivery times, which showed a considerable easing of supply chain pressures and stocks of purchases indicating the sharpest decline in preproduction inventories since May 2021, according to final data released by S&P Global. in February, falling slightly from 48.8

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Europe’s largest nuclear reactor begins energy production

E&T

The plant wa s originally due to open in 2009 but was plagued by technical issues. The news of the reactor entering regular production has been met with enthusiasm, as the country's natural gas supply from Russia was cut in 2022, following political tensions over the invasion of Ukraine.

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

SMMT

Mike also plays a pivotal role in the Automotive Council – a unique partnership formed in 2009 to foster collaboration between government and the automotive industry.