Amid high uncertainty over the direction of the global economy, the fourth quarter of 2012 saw a slowdown in the number of announced industrial manufacturing transactions. However, despite the reduction in M&A activity during the last quarter, 2012 proved to be a favorable year for dealmaking in the industrial manufacturing space.
As Hostess continues its bankruptcy auction process, the company has announced the lead bidders for many of its popular brands, including Wonder Bread and Twinkies. Food Manufacturing spoke with Professor Anthony Michael Sabino about the bankruptcy auction process and what it means for both buyers and sellers.
What does quality management software do? From a 30,000 foot view, it helps companies ensure the production and delivery of high quality products and processes. More specifically, though, it streamlines, standardizes, and centralizes cross-functional data from across the value chain.
In today’s complex corporate and business network environments, controlling access to sensitive data is of utmost concern. The amount of security-related data stored across a network is immense for many organizations, and relating all this data to the user’s account information in Active Directory can be tricky and time consuming.
U.S. manufacturing is off to a good start in 2013. Economic activity in the manufacturing sector continued to expand in January 2013 for the second consecutive month, and the overall U.S. economy grew for the 44th consecutive month, say the nation’s supply executives in the latest Manufacturing ISM Report On Business.
Other than conversation pieces, what’s the value in having decades-old machine tools occupy valuable floor space in a modern fab shop? The answer is “Plenty!” according to Ken Lennox, provided the machines are in suitable roles and were originally built with “the right stuff.”
Sentiment regarding the prospects for the U.S. economy in the year ahead increased among U.S. industrial manufacturers, while uncertainty around outlook for the world economy prevailed, according to the Q4 2012 Manufacturing Barometer released by PwC US. According to PwC’s survey, 48 percent of respondents expressed optimism about the 12-month outlook for the U.S. economy during the fourth quarter of 2012.
LES’s Salt Valley plant is unique in the fact it is the first combined cycle generating plant in Nebraska, consisting of three General Electric LM6000 aeroderivative fuel-fired turbines that can burn natural gas or #2 diesel fuel, providing maximum flexibility for Salt Valley. These aeroderivative engines are essentially the same engines that have proven themselves for decades in aircraft such as the Boeing 747 and Airbus A300.
As manufacturing companies find more and more in the way of technology improvements around material handling, the loading dock has not been ignored. This how-to gives manufacturers some tips on where to begin assessing and addressing risk.
Is your floor surface in need of some TLC? There are a bevy of options, but ultimately, it’s important to remember that there’s money underfoot. When it comes to industrial flooring surfaces, there are many vendors out there who will insist their solution is best. One thing they can all agree on, however, is that an industrial floor is not often just a “set it and forget it” investment.
Industrial inspection cameras have revolutionized the predictive maintenance industry. From the many types of cameras available, thermal imagers are ones that have claimed their place in a manufacturer’s predictive maintenance arsenal. Once an instrument too expensive for the average facility, today’s technology has advanced thermal imagers to the point of necessity.
The right industrial lubricant can help a manufacturer increase equipment reliability, reduce operating costs, and extend machine life. Choosing the correct lubricant is “the most fundamental component of a successful preventive maintenance program,” says Polanek. “Today’s successful companies view preventive maintenance and high-performance lubricants as investments to help ensure long-term success.”
When the bore on the rigid half of a high-torque steel mill coupling was badly galled during a maintenance teardown, the mill put the damaged part in the plant’s bone yard. However, engineers at Kop-Flex® developed a clever solution that saved the customer almost half the cost to replace the $112,000 part, which transmits approximately 10,000,000 pound inches of torque to a roughing stand.
When Martha Paluch returned home to help run the family business her father had started with a partner in 1989, she experienced what might be referred to as “paper shock.” “I came back with expectations of changing times and going greener,” says Paluch, now a 25-year-old operations specialist at Phoenix Manufacturing, where her mother and brother also work.
Pennsylvania is a growing energy leader in the United States, becoming a net exporter of natural gas in 2011. They have seized opportunities the Marcellus Shale boom has provided, and expanded into global leaders in natural gas—and are making the region known for its industrial innovation and talent, truly fueling a new industrial revolution.
Of all the chemical exposures that can affect the life and performance of electrical cables, oil is one of the most damaging. Used as a coolant and lubricant in many industrial settings, oil can inflict molecular damage on the polymers used for cable insulation and jacketing. If ignored, oil damage to cables can be severe, ultimately resulting in cable failure, downtime, and replacement costs.
Challenges are ever increasing with global markets. Customers are expecting quicker response times on the solutions they seek. Companies are impacted by forces from all directions, but it all comes down to execution: if you don’t execute you will not win the market or launch the product. Execution is stopped by distractions from your core business and your business core processes; none of these distractions are new.
Argyle often lacked reliable data to provide accurate billing, resolve customer disputes and account for the 26,000 cylinders they managed. The company struggled with these problems until a vendor introduced them to TrackAbout, giving them the confidence to invest in an advanced asset tracking system.
Seventy percent of companies believe that climate change has the potential to significantly affect their revenue, a risk which is intensified by a chasm between the sustainable business practices of multinational corporations and their suppliers, according to research published today by the Carbon Disclosure Project and Accenture.
Many companies make the mistake of selecting a CMMS/EAM that addresses the short-term needs of primarily the maintenance department. This is not the best approach given the number and degree of changes that most companies go through over a relatively short period of time.