Archive for News

Millennials & What They Bring to the Manufacturing Table

February 11, 2014 No Comments

Young professionals of the Millennial generation haven’t been jumping at the chance for a career in manufacturing. Their parents and society at large have played a role in that. Attending technical school to learn the skilled trades has been waylaid by the promise of repute and riches following a turn at a four-year college or […]

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4 skills college students must learn in college

February 11, 2014 No Comments

What do the following skills have in common: writing, presentation, teamwork, and critical thinking? According to an article on Glassdoor.com, What Employers Wish You’d Learned in College, these are valuable skills lacking in most college grads with technical degrees. True, they have the technical know-how but, “When soft skills are lacking, there’s a direct effect […]

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Business leaders urge lawmakers to repeal taxes

January 21, 2014 No Comments

Steve Wise has big money tied into his Brooklyn Center manufacturing business, Cass Screw Machine Products. He’s even more concerned this year about his bottom line with the advent of new business-to-business taxes enacted in the 2013 legislative session. “Every tax, every cost, every form that they put upon a business matters to us,” said Wise. Cass […]

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Worker Certifications Hit a New High in 2013

January 21, 2014 No Comments

NIMS issued 13,888 credentials for metalworking skills The National Institute for Metalworking Skills (NIMS), a standards and workforce certification agency focused on the metalworking industry, reported that during 2013 it awarded a record number of credentials to individuals seeking new or advanced accreditation for skilled jobs in manufacturing. NIMS issued 13,888 industry-recognized credentials in 2013, […]

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MAPI: Manufacturing Has ‘Reason for Optimism for All of 2014′

January 21, 2014 No Comments

Business outlook survey indicates rising orders and shipments, but concerns about investment outside the US. Manufacturers continue to report a steady improvement in business, according to the Manufacturers Alliance for Productivity and Innovation (MAPI) quarterly business outlook survey released today. The survey’s composite index, a leading indicator for the manufacturing sector, improved from 66 to […]

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Minneapolis Fed sees more jobs, growth tapering in 2014

January 8, 2014 No Comments

The outlook for Minnesota’s economy includes moderate growth in 2014, more jobs and a lower unemployment rate, though you might not see a huge improvement in your paycheck. The Minneapolis Federal Reserve laid out its projections for the state and regional economy on Monday, featuring a generally sunny outlook. The upward trend in the state’s […]

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Manufacturers greet new year on an upswing

January 3, 2014 No Comments

Minnesota’s manufacturers closed out 2013 on a high note as they benefited from solid increases in sales, new orders and a jump in employment. December was the 13th consecutive month of growth, with factory conditions surging in the second half of the year, according to a closely watched report Thursday by Creighton University. The news […]

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Machine Tool OEMs Must Offer Financing, Study Finds

December 20, 2013 No Comments

Buyers relying on assistance, alternatives to keep up with need for new equipment A new survey of machine tool builders concludes that asset financing is emerging as a critical factor in their ability to supply new equipment to machine shops and other manufacturers. Siemens Financial Services conducted the study based on interviews with 80 OEMs […]

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Midwest and national manufacturing grew in November, reports say

December 4, 2013 No Comments

Economic reports foster optimism that factories are rebounding. Employment and exports prove strong. From freezer hinges to ATVs, heavy manufacturing is giving the Minnesota and national economy surprising momentum and fueling optimism that the nation’s factories will keep humming into 2014. Factories making machinery, metal parts, furniture and other long-lasting goods saw product orders jump […]

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Where Factory Apprenticeship Is Latest Model From Germany

December 2, 2013 No Comments

GREER, S.C. — For Joerg Klisch, hiring the first 60 workers to build heavy engines at his company’s new factory in South Carolina was easy. Finding the next 60 was not so simple. BMW’s plant in Greer, S.C., is its only one in the United States. The company offers a program called BMW Scholars that […]

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Neel Kashkari’s Take on Economy is Worth a Listen

By B Kyle Earlier this week, I was listening to Neel Kashkari, President of the Federal Reserve, 9th District,...

E-clusives: Disrupting the 3D Printing World

Stratasys Unveils Two New Machines By Nancy Huddleston Stratasys Ltd. of Eden Prairie is planning to turn the 3D...