Click image to enlarge

Despite the continued economic uncertainty around the globe and the faltering manufacturing industry in China, North America’s manufacturing industry continues to show signs of improvement.

Recent Canadian and US manufacturing data for April and May show marked improvements.

Canada’s manufacturing industry witnessed an eighth-month high in May in output and new orders, according to The RBC Canadian Manufacturing Purchasing Managers Index, a monthly survey conducted in association with Markit, a financial information services company, and the Purchasing Management Association of Canada.

At 54.7 in May, up from 53.3 in April, the RBC PMI recorded the strongest monthly improvement since September 2011 and slightly above the historical average for the series (54.3). The RBC PMI found that both output and new orders increased further in May, with firms generally citing greater client demand. Moreover, the rates of expansion were strong and the fastest in 2012 to date. Manufacturing employment increased for the fourth consecutive month in May, while the rates of input and output price inflation both slowed from those recorded in April.

“The Canadian manufacturing sector has proven to be quite resilient over the past several months against a backdrop of market uncertainty and softening conditions in many other parts of the world. Employment gains across the sector have been particularly strong since the beginning of the year, with the overall rate of job creation rising at the fastest pace since September 2011,” says Craig Wright, senior vice president and chief economist, RBC. “Manufacturing plays an important role in the country’s economic growth and we expect Canada’s GDP to grow by 2.6 per cent in 2012.”

US manufacturing orders up 10.2% in April

April US manufacturing technology orders totaled US $410.42 million according to AMT - The Association for Manufacturing Technology. This total, as reported by companies participating in the USMTO program, was down 17.0 per cent from March but up 2.9 per cent up when compared with the total of US $398.73 million reported for April 2011. With a year-to-date total of $1,763.77 million, 2012 is up 10.2 per cent compared with 2011.

 “Year-to-date orders of manufacturing technology are up a solid 10 per cent over 2011,” says AMT president Douglas K. Woods. “Rising factory productivity and consistently climbing employment in the industry are indicators that the manufacturing technology sector is still going strong. Things are looking brighter as we get closer to the largest manufacturing technology show in the Americas - IMTS 2012.”

The United States Manufacturing Technology Orders (USMTO) report, compiled by the trade association representing the production and distribution of manufacturing technology, provides regional and national US orders data of domestic and imported machine tools and related equipment. Analysis of manufacturing technology orders provides a reliable leading economic indicator as manufacturing industries invest in capital metalworking equipment to increase capacity and improve productivity.

Top image: DMG 

Kaiser, BIG Daishowa strengthen alliance

Kaiser Precision Tooling, based in Rumlang, Switzerland, has agreed to become a company of the BIG Daishowa group.

Ferric Machinery expands with new facility

Ferric Machinery has expanded its operations with a new 1,394 sq m (15,000 sq ft) facility in Cambridge, ON, to better service its customers.

Western Canada easing out of economic doldrums: Report

Alberta and Saskatchewan expected to grow, albeit at a slow pace in 2017; Quebec seeing economic momentum

Six companies receive federal economic development funding

Six companies in the Lévis, Quebec area have each received hundreds of thousands of dollars in funding from the Canadian federal government through Canada Economic Development’s Quebec Economic Development program. 

Don't lower auto content value: NAFTA steel group

Three trade associations representing steel producers in Canada, the US and Mexico are urging negotiators of the Trans-Pacific Partnership (TPP) to maintain regional auto content amdist reports that a lower regional value content is under consideration.

The Internet of Things on the shop floor: White Paper

Walter Surface Technologies has published a white paper on how the Internet of Things is impacting the metalworking shop floor.

Ottawa invests in BC steel and aluminum companies

The federal government has announced an investment of more than $4.9 million to help ten BC steel and aluminum companies diversify products, improve productivity and reduce costs.

Elliott to distribute Hurco machines

Elliott Matsuura Canada Inc., Oakville, ON, has signed a distribution agreement with Hurco CNC Machine Tools to represent the machine too builder's products and technologies in Canada. The agreement expands the Canadain distributor's growing list of manufacturimng principals for the Canadian metalworking industry.

Job Shops in Canada 2017: Manufacturing Support

by Andrew Brooks

Gauging the pulse of Canada’s job shops and their critical role in manufacturing

TRUMPF enters 3D printing market with joint venture

TRUMPF has entered the fast-growing 3D printing market through a joint venture with SISMA S.p.A., Italy's largest laser manufacturer.

Supply chain problems hammering small biz: CFIB

Supply chain delays and interruptions are increasingly impacting small business operations and will result in higher prices, according to a report by the Canadian Federation of Independent Business (CFIB).

Airbus selects Magellan Winnipeg and US plants for parts

Airbus has selected Magellan Aerospace to produce exhaust systms for the aircraft builder's A320neo PW family of aircraft, and the parts will be designed, developed and manufactured at Magellan's Winnipeg, MB, facility and at the Middeltown, OH plant.

Waterjet doesn't create heat-affected zone

Jet Edge Inc.'s new Mid Rail Gantry Model MR513 cutting machine can cut material up to 1.5 m x 4 m (5 ft x13 ft),  and is sized for fabricators, machine shops and stone and tile shops. It cuts complex parts from virtually any material without creating a heat-affected zone (HAZ).

TPP of dubious benefit, Canadian auto parts makers say

Canada’s participation in a new Trans-Pacific Partnership trade deal may not bring much benefit to Canadian auto parts makers, according to a CP news story.

Quick-change chucks

Dillon Manufacturing’s full line-up of power chucks are ideal for new lathes or as replacement power chucks.

Stay In Touch

twitter facebook linkedIn