Wednesday, May 14, 2025

New Zealand’s PMI contracts to 49.3 points in October

The New Zealand manufacturing industry’s market activity slipped into contraction territory in October.

TPI and GE secure manufacturing capacity in Iowa

Media Release by TPI Composites TPI Composites, Inc., a global company focused on innovative and sustainable solutions to decarbonize and electrify the world, recently announced...

European manufacturing slips to record lows in October

The eurozone’s manufacturing industry slipped further into contraction territory in October, declining to 46.4— the lowest level since May 2020. 

US manufacturing records slowest expansion pace in October

The US manufacturing sector’s market activity has registered a 50.2 per cent rate for the month of October, recording a 0.7-point slip from September’s results. 

China’s PMI shows manufacturing activity decline in October

The Chinese manufacturing industry’s purchasing manager index (PMI) has seen a 0.9 per cent decrease in October, indicating a shrinking market activity in the country. 

Technology Roadmap underlines need for more innovation support in manufacturing sector

Developing new technologies and increasing cohesive support for innovation across all sectors of advanced manufacturing is vital for Northern Ireland to be more competitive on the global stage according to a report published today.

IBM unveils new USD 20 billion chip manufacturing deal

IBM today announced a USD 20 billion manufacturing investment and showcased its innovations in semiconductor design at its site in Poughkeepsie, New York.  

Global manufacturing index declines for the first time since 2020

Business conditions in the global manufacturing sector have made a gloomy turn in September, according to JPMorgan Global Manufacturing Purchasing Managers’ Index (PMI). Compiled by...

Global additive manufacturing industry shows growth in Q2 2022

The global additive manufacturing sector has generated a total of $3 billion for the second consecutive quarter of 2022, according to SmarTech Analysis.

Raytheon and Northrop Grumman to manufacture world’s first air-breathing missile

Raytheon Missiles & Defense and Northrop Grumman have been selected to develop the Hypersonic Attack Cruise Missile (HACM) for the US Air Force (USAF). 
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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.