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Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

“Of the six biggest manufacturing industries, three — Transportation Equipment; Food, Beverage & Tobacco Products; and Petroleum & Coal Products — registered growth in August. Logistics stabilized and costs are matching 2019. Sentiment improved regarding manufacturing lead times, although they remain at elevated levels.

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Manufacturing PMI® at 46.4%; July 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

Logistics costs have settled, transit times continue to shorten and capacities at most suppliers are sufficient.” ” [Food, Beverage & Tobacco Products] “Suppliers are starting to reach out looking for new business. While customer growth is projected, we cannot point to fundamentals that sustain it.

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Manufacturing PMI® at 52.8%; July 2022 Manufacturing ISM® Report On Business®

Fastener News Desk

The seven industries reporting contraction in July compared to June, in the following order are: Wood Products; Furniture & Related Products; Paper Products; Miscellaneous Manufacturing; Fabricated Metal Products; Food, Beverage & Tobacco Products; and Chemical Products. ” [Food, Beverage & Tobacco Products].

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Manufacturing PMI® at 46.9%; May 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

” [Food, Beverage & Tobacco Products] “Business is returning to pre-pandemic levels. Logistics, particularly from East Asia , continue to return to historical-level transit times; Europe and India remain elevated. While inflation is easing on some discretionary goods, high food costs persist across most categories.”

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KlearNow’s Rebranding to KlearNow.AI Reinforces Its Position as a Global Logistics Leader in A.I. and M.L. Innovation

i4.0 today

to better reflect the company’s continued commitment to advancing the global logistics industry with cutting-edge artificial intelligence (A.I.) This simplifies the entire logistics process, increases productivity and revenue and addresses labour shortages ,” he concluded. KlearNow has announced a rebrand to KlearNow.AI

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10 startups selected for MassRobotics Accelerator

Robotics Business Review

Each of them gave brief pitches Meet the 10 startups in the MassRobotics Accelerator Apparel Robotics Conventional assembly of clothing is repetitive and labor-intensive. Founded in 2022, Apparel Robotics is working to change how clothing is manufactured. “Right now, we’re targeting on-demand custom apparel.

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