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Highlights from the November issue of Cutting Tool Engineering: Manufacturers Directory online Distributors Directory online Metalworking Glossary online
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In The News
Boeing's S.C. 787 decision: What will suppliers do?
The ripples from Boeing’s decision to locate its second 787 line in South Carolina are just beginning, but the decision will obviously affect the large network of aerospace suppliers in the Puget Sound region.
Kennametal expects growth of market for industrial tool products in 2010
Kennametal Inc. is optimistic that the market for its industrial tool products "may moderately improve" in the first half of 2010, particularly in nations with strong economic stimulus programs, the company's chief executive said recently.
New technology boosts productivity, reduces hiring needs in Mass.
To cut costs when the economy tumbled, Peerless Precision Inc. invested in computerized equipment, partly to eliminate the use of costly subcontractors. Now that new orders are coming in, the equipment is allowing the Westfield, Mass., machine shop to expand production without adding to its workforce of about 20.
U.S. product makers are slumping—but still No. 1
Despite a brutal recession and stiff Asian competition, it's way too soon to write an obituary for U.S. manufacturing. Just ask Robert Freund, who was able to rehire some laid-off workers this year at Checker Bag in Overland, Mo. Or Robert Griggs, whose Trinity Products in St. Charles invested $650,000 in new equipment during the deepest part of the recession.
Manufacturers wary of adding staff despite promising economic omens
The recession has been the first true test of Gary Balfour’s 5-year-old manufacturing company. A recent uptick in business makes Balfour, president of Solid Sealing Technology Inc., believe he has seen the end of it. Now, he faces a new challenge: deciding how soon to add employees.
