Manufacturing Industry Continues Record Expansion

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The manufacturing industry continues its record expansion despite a slight dip in February, according to the Gardner Business Index (GBI). Manufacturing posted a 53.4 for February 2019, a slight drop from the previous month. However, that score marks the 25th consecutive month where the industry was considered “expanding.” Industries that score above 50 on the […]

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Demand for Platinum Expected to Rise

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Demand for platinum is expected to rise in 2019, as investment in the material will offset weaker demand from the automotive and industrial segments. According to a report by the World Platinum Investment Council (WPIC), global demand is expected to increase by 5 percent, to 7.7 million ounces, this year. The WPIC is predicting an […]

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Supplier Strikes Problematic for the Automotive Industry

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A series of auto supplier strikes in northern Mexico could lead to significant issues for the entire North American automotive industry. According to reports, workers from as many as 48 companies in the town of Matamoros have walked off the job, demanding a 20 percent pay increase and a bonus. This is resulting in losses […]

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Manufacturing Down Slightly in February, Still Growing Overall According to ISM Report

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The latest monthly report from the Institute for Supply Managements (ISM) showed a slight decrease in manufacturing expansion, as new orders, employment and production are down slightly. According to reports, the group’s PMI index for February was at 54.2 percent, a decrease from 56.6 in January. Despite the slight decrease, the number is indicative of […]

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Shale and Natural Gas Industry Faces Financial, Environmental Challenges

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The shale and natural gas industry is booming, but companies both large and small still have their fair share of problems to solve as it continues to grow. Modern technology is reducing cost and time to complete for drilling, while large shale plays like the Permian Basin have a glut of supply.  But experts say […]

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New BMW Tech at 2019 Mobile World Conference

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Automakers have made their presence felt at the 2019 Mobile World Conference in Barcelona, introducing new tech and concepts for their vehicles. BMW introduced its natural interaction system, which will allow drivers to use voice commands, gestures and eye contact to interact with their car.  The system uses sensors and speech recognition in combination with […]

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Michigan Researchers Create New 3D Printing Technique

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Researchers at the University of Michigan have created a new approach to 3D printing they believe will make the process faster. According to reports, the new technique can lift complex shapes from a vat of liquid, solidifying liquid resin with two lights and controlling where the resin hardens and where it remains fluid. This method […]

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FERC to Consider Emissions When Approving LNG Terminals

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The U.S. Federal Energy Regulatory Commission (FERC) announced it’s changing the way it evaluates potential liquified natural gas (LNG) terminals going forward. According to reports, FERC will now consider direct greenhouse gas emissions from these facilities before approving them. The agency applied its new review process for the first time in its consideration of the […]

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Roadway Fatalities Down Slightly Year Over Year

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Roadway fatalities dropped slightly year over year, but are still up significantly over the last five years. According to the National Safety Counsel, about 40,000 fatalities occurred in 2018. That’s down about 1% from 2017 but 14% higher than the fatality figure in 2014. The report estimates that more than 4 million people were seriously […]

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Mining Company Asks for Unity in Creating International Governing Body

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The world’s largest mining company is asking peers to create an international governing body to oversee the construction and operation of tailing dams in response to the Vale disaster in Brazil. According to reports, BHP is asking mining companies to join together in creating an independent, international organization that would oversee construction, operation and integrity […]

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