factory News Updates

GovernmentBusiness

US Factory Managers Concerned About Effects of Trump鈥檚 Tariffs

Very concerning. Two products eliminated. Commodity prices rising. Business planning 鈥渋s at a standstill.鈥 That鈥檚 what a few American manufacturers said they鈥檙e facing as the Trump administration weighs tariffs on imported metals and Chinese products, creating uncertainty for companies that by most other accounts are going gangbusters.

May 1, 2018
Business

Factory Output Cools After Surging in Previous Month

U.S. factory production cooled in March after surging a month earlier, representing a pause in an otherwise strong manufacturing sector, Federal Reserve data showed April 17.

April 17, 2018
Business

Factory Gains Cool as Inflation in Raw Materials Picks Up

U.S. factories expanded at a slightly slower pace in March, and a measure of raw-material prices hit an almost seven-year high, as manufacturers struggled to keep up with demand, data from the Institute for Supply Management showed April 2.

April 2, 2018
Business

Factory Output Rebounds in February and Exceeds Estimates

U.S. factory production bounced back in February, far exceeding analyst estimates and showing a key part of the economy is on track for steady growth this quarter, Federal Reserve data showed March 16.

March 16, 2018
BusinessEquipmentTCA

Morgan Truck Body to Open $19 Million Connecticut Factory

The Connecticut Bond Commission on Feb. 16 approved a $4 million loan to Morgan Truck Body, which builds dry freight and refrigerated truck bodies for companies throughout the country. The company plans to construct a $19 million manufacturing plant that is expected to create more than 100 new jobs, according to bond commission minutes.

February 20, 2018
Business

Manufacturing Expands at Healthy Pace on Production Surge

U.S. manufacturing expanded at a robust pace in November amid a burst of production and rising orders that signal durable gains in the industry, figures from the Institute for Supply Management showed Dec. 1.

December 1, 2017
Business

Factory Output Surged in October on Hurricane Rebound

A surge in U.S. factory production last month matched the largest gain since 2010 as output at oil refineries and petrochemical plants returned to normal operations following Hurricane Harvey, Federal Reserve data showed Nov. 16.

November 16, 2017
Business

US Manufacturing Is Powering Up, Regional Report Cards Show

America鈥檚 factories cranked it up in October, according to the latest regional manufacturing indexes.

October 31, 2017
Business

Employment Costs Pick Up on Faster Wage Gains at Factories

U.S. employment costs picked up in the third quarter from the previous three months, helped in part by faster wage gains in manufacturing, the Labor Department said Oct. 31.

October 31, 2017
GovernmentBusinessEquipmentLogistics

How Trump Getting His Way on NAFTA Would Reshape the Auto Sector

Mexico, Canada and the U.S. are at loggerheads after the latest round of NAFTA negotiations, with America鈥檚 neighbors rejecting hard-line proposals by the Trump administration that risk throwing automotive trade on the continent into disarray.

October 18, 2017