News

Jobs increase by 194,000 in September; unemployment falls to 4.8%

Jobs increase by 194,000 in September; unemployment falls to 4.8%

Both measures are improved considerably from the end of the February-April 2020 recession.

Manufacturing Workforce Development

October 13, 2021

Baker Hughes to deliver valves to new plant in Texas

Baker Hughes Masoneilan will supply 335 control valves—ranging from ball valves to severe service valves—to Diamond Green Diesel’s new plant in Port Arthur, TX.

VMAnews

October 13, 2021

Emerson and AspenTech enter agreement on new software strategy

Emerson and AspenTech announced in a press release on Oct. 11 that the companies have entered into a definitive agreement to contribute Emerson’s industrial software businesses—OSI Inc. and the Geological Simulation Software business—to AspenTech to create a diversified, high-performance industrial software leader with greater scale, capabilities and technologies.

General Leadership VMAnews

October 12, 2021

Manufacturing Technology Orders report shows 20% increase

The year-to-date total reached $3.55 billion, the highest value through the first eight months of any year since 1998.

Manufacturing

October 11, 2021

AMT and GBM launch of MT United

The new joint venture between the Association For Manufacturing Technology and Gardner Business Media intends to drive and strengthen the manufacturing community.

Manufacturing

October 11, 2021

Australian mining industry works toward net zero

Australia’s largest and most valuable industry is mining, according to Baker Hughes. Organizations in the country are working to decarbonize the nation through research and technological advancements.

General VMAnews

October 8, 2021

Survey reports Gen Z views manufacturing more positively due to COVID-19

Survey reports Gen Z views manufacturing more positively due to COVID-19

A recent survey by Parsable reports 58% of respondents who had graduated from a four-year college or university said they were interested in a career in manufacturing, which was likely influenced by their access to STEM and related educational programs while in school.

Manufacturing

October 8, 2021

New EIA study reports drop in nuclear power plant outages

The U.S. Energy Information Administration data shows that unplanned nuclear plant outages averaged more than 90 outages in 2000, peaking at nearly 120 in 2003, and since steadily fell to 34 so far this year.

General

October 7, 2021

Baker Hughes’ subsea drilling systems and Akastor’s MHWirth merge

The new company, HMH, aims to support the industry’s transition toward more energy-efficient solutions, as well as deploy technologies and service solutions to make the sector more competitive through increased drilling efficiency.

General VMAnews

October 7, 2021

Legislation moves on INFORM bill

Senators Richard Durbin, Democrat, Illinois and Bill Cassidy, Republican, Louisiana have introduced legislation the past two Congresses called the INFORM Consumers Act, which would increase online marketplace transparency for consumers and ensure that marketplaces verify who their high-volume third-party sellers are.

October 7, 2021

Chaotic trans-Pacific shipping disruptions continue

The familiar levers for logistics managers to manage shipping disruptions, such as alternative port routing and front-loading inventory, provide little relief in this chaotic trans-Pacific trade, reported the Journal of Commerce on Sept. 30.

October 5, 2021

Commercial Construction Index reports slow recovery

Worker shortages, materials shortages and rising costs have led to a slowdown in the post-pandemic recovery for construction contractors. The CCI score rose one point this quarter to 66.

Sustainability

October 5, 2021

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