From the shop floor to the order desk, manufacturing has become quite volatile, complex, and dependent on far-flung operations and partners. But that’s a walk in the park compared to what the next 15 years will bring. Here’s how to prepare for the challenges just ahead and, in turn, how you can translate manufacturing prowess into a true competitive advantage.
NEW YORK (AP) — Apple Inc. CEO Steve Jobs' compensation package remained the usual $1 in fiscal 2010, but the value of the shares he owns has skyrocketed amid the company's ongoing success with introducing shiny new gadgets many people come to find indispensible. Apple said in a filing with the Securities and Exchange Commission on Friday it paid a salary of $1 to Jobs, who rejoined the company in 1997 and has overseen the company's explosive growth following the launch of the iPod, the iPhone and now the iPad.
SEATTLE (AP) — Instead of unveiling an elegant response to the iPad, Microsoft came to the tech industry's premier gadget show with a collection of exposed computer guts. Microsoft's biggest news was that the next version of Windows would run on the style of mobile phone chips that power the iPad and other tablets today.
BEIJING (AP) — A chemical leak has sickened 62 workers at a pharmaceutical factory in eastern China. The official Xinhua News Agency reported that 37 of them were still in a hospital Friday after inhaling fumes at work Thursday. The cause of the leak was under investigation. Xinhua said the leaked chemical was phosgene, commonly used to produce pesticides, painkillers and antibiotics.
LITTLE ROCK, Ark. (AP) — Former Tyson Foods Inc. chief executive Donald J. Tyson, who led his family's poultry company from being a regional producer to dominance in the industry while instilling a corporate culture that mixed hard work and enjoyment, died Thursday. He was 80. Company spokesman Gary Mickelson said Tyson died from complications from cancer, and passed away at home with his family.
RICHMOND, Va. (AP) — Truckloads of Four Loko and other alcohol-laced energy drinks are being recycled into ethanol and other products after federal authorities told manufacturers the beverages were dangerous and caused users to become "wide-awake drunk." Wholesalers from Virginia, North Carolina, Maryland and other East Coast states started sending cases of the high-alcohol, caffeinated malt beverages to MXI Environmental Services in Virginia after the U.
WASHINGTON (AP) — The nation's unemployment rate dropped to 9.4 percent last month, its lowest level in 19 months. That was because more people found jobs, but also because some people gave up on their job searches. The Labor Department says employers added 103,000 jobs in December, an improvement from November but far below most analysts' expectations.
General Motors said Thursday that it has licensed technology from a government laboratory that promises to improve battery performance in its Volt electric car by 50 percent to 100 percent. GM and LG Chem have agreed to license the technology, which consists of a mix of materials, from the Argonne National Laboratory.
Excellence without exception. What a great mission to live by, especially in today’s markets where some companies seem to have forgotten the importance of quality and replaced its importance by prioritizing quantity. Before the New Year I made a visit to Forest City Gear (FCG), a small gear manufacturer in Roscoe, IL.
Many companies miss out on not only some of the money-saving opportunities that might present themselves if they were to look at their supply chains a little differently, but on the money-making opportunities they might be able to uncover. Even companies that are adept at running their supply chains efficiently and cost-effectively tend not to see the supply chain as an area of the company which might enable them to achieve actual company growth.
Safe-T-Wash, from A.W.T. World Trade (Chicago, IL) is a non-carcinogenic and biogegradable cleaning solution for stubborn ink, adhesives, and other hard-to-remove substances. According to the company, Safe-T-Wash is non-flammable and low-odor, but dissolves most ink systems quickly without compromising worker safety.
A&H Engineering and Manufacturing, Inc. (Cerritos, CA) now offers the Shop Lift as an ergonomic solution to the problem of heavy materials handling in a confined space. The Shop Lift is designed to fit through most standard doorways, but is capable of carrying up to 600 pounds of payload.
Philadelphia Scientific (Montgomeryville, PA) has introduced a new snap-fit valve battery base for its entire line of Water Injector Systems, which is the fastest single-point watering system in the world, according to the company. The base eliminates the need for a separate quarter-turn adapter, while saving time and money.
The LUMICLAD finish, for metal components requiring break-in lubricity and galling resistance when mating aluminum surfaces, is now available from Birchwood Casey (Eden Prairie, MN). The LUMICLAD process forms a non-dimensional black oxide finish on all aluminum surfaces that is clean, durable, and tightly adherent to the metal substrate, according to the company.
The Consumer Electronics Expo, which takes place between Thursday and Sunday of this week, is the world's proverbial “Mecca” for gadget geeks, and this year is no different. The 30 football field's worth of electronics is the starting point for all the new devices and technology that we'll be able to buy in stores throughout the year, so if you're at all thinking about buying a new smartphone, tablet computer, or HDTV this year, you might want to do your research and stay tuned-in.
Lexar, a division of Micron technology, makes computer memory. A lot of it. According to them, they're the only major memory company who does any manufacturing here in the U.S. And while much of the later processes and packaging is performed in Asia, the high tolerances and cleanliness required for the initial manufacturing makes domestic work the better option.
Whistle-blower Cheryl Eckard tells 60 Minutes' Scott Pelley about her experience trying to fix problems at a GlaxoSmithKline pharmaceutical factory that made her a key figure in a federal lawsuit and a multimillionaire. When touring a Puerto Rico facility, she noticed countless quality issues, ranging from workers who would contaminate anti-bacterial creams, to mix-ups between tablets of diabetes and anti-depression medicine.
In the 2002 movie Minority Report — which has become the template for technically-possible science fiction — characters use guns that fire bursts of sound in order to disable, not kill, their enemies. While many remember the movie for the touch- and hologram-based computing, this technology is another that could find real-world use in the near future.
LAS VEGAS (AP) — Taiwan's AsusTek Computer Inc. plans to start selling an array of tablet computers — including hybrids that sit somewhere between a laptop and a tablet — with the hope that variety is the best weapon against Apple Inc.'s iPad and other similar gadgets. Asus chairman Jonney Shih unveiled the new devices Tuesday ahead of the International Consumer Electronics Show in Las Vegas.
SUMTER, S.C. (AP) — A Chinese candy maker is building a new $6 million factory in Sumter. Officials for Au'Some says they hope to hire 120 workers over the next five years. The Hong Kong company makes candy for retailers like Walmart, Target, Walgreens and CVS. The Sumter factory is Au'Some's first facility in North America, and the company wants to have it open by the end of the summer.