Tag: global manufacturing
How tighter financial management enables manufacturing CFOs to mitigate risks better
In today’s volatile economic climate, marked by rapid technological advancements and unpredictable macroeconomic headwinds, the role of the Chief Financial Officer (CFO) in the manufacturing sector has never been more critical.
Global manufacturing sector maintains growth momentum in April – JP Morgan PMI
In April, the global manufacturing sector maintained its upward trajectory, driven by increased output and new orders, signalling sustained recovery, according to the latest data from the JP Morgan Global Manufacturing PMI.
March sees surge in global manufacturing output – JP Morgan PMI report
In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
JP Morgan PMI reveals back-to-back expansion in global manufacturing in February
February witnessed a resurgence in global manufacturing activity, with production marking its second consecutive month of expansion, fueled by a return to growth in new order intakes.
Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.
Fortescue invests $35M in Michigan advanced manufacturing facility
Global green energy company Fortescue Metals Group has unveiled ambitious plans to inaugurate a cutting-edge Advanced Manufacturing Centre in Michigan, USA.
This strategic move involves...
More funding, government contracts needed for Australian manufacturing to compete globally, says report
A new report from national professional services firm RSM Australia has highlighted the need for an increase in government contracts and funding to allow Australian advanced manufacturing to compete on a global level.
Global manufacturing downturn in October marks longest deterioration sequence since 2002 – JP Morgan
The global manufacturing industry continued to see contractionary conditions in October as output declined for the fifth consecutive month dragged by further deterioration in new orders.
Global manufacturing PMI remains in contraction in September— JP Morgan
The JP Morgan Global Manufacturing Purchasing Managers’ Index (PMI) remained in the contraction territory at the end of the year’s third quarter, posting a 49.1 rating in September up from August’s 49.0.
Bosch opens semiconductor testing facility in Malaysia
Bosch has opened a new semiconductor test centre in Penang, Malaysia, investing EUR 65 million (AUD 109 million) to create additional capacity within the company’s global manufacturing network to meet the continued high demand for chips and sensors.
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Delivering growth: how invoice finance transformed a logistics business
For a smaller freight-forwarding company to compete with international behemoths, Global Trade Logistics founder Gary Coutsoudis knows he and his team must outperform.
