One of the biggest challenges discrete manufacturing companies face is the increasing complexity of the product, whether this is due to technological change, market forces or the need to customize the product to meet demanding customer requirements.
With operations and partners worldwide, Hypertherm was experiencing significant growth, however their existing consumables product label printing system was not sufficiently accommodating this growth, and was presenting considerable risks to their operations in this lean manufacturing environment.
How do you squeeze the most return out of your investment in innovation? It’s not always about new products — they don’t always produce bigger profits. Extensive R&D investment can significantly defer future profit.
Ms. Amy Susan, the Director of Communications and Marketing for the Missouri Department of Economic Development, shares some valuable insight into Missouri’s recent attraction of two major transportation and logistics corporations.
For many companies, fleet management brings up one of those enduring business conundrums: whether or not to outsource. Should you hire an on-site fleet manager or use a company? There are good arguments on both sides, but no one solution fits all companies.
Listen to the IMPO webinar featuring Todd McIntyre, a Product Manager at Eaton Corporation, and Kevin Breunig, a Fluid Power Specialist at Motion Industries, as they discuss smart sensor technology in manufacturing and how to make it most effective for your specific applications.
The web filter at the Alliance for American Manufacturing (AAM) caught a big ol' piece of chaff this week, in the form of a release from Walmart. America's largest retailer has announced plans to purchase $250 billion worth of American-made goods over the next decade, but some of their claims need adjustment.
On a recent trip to NASA’s Marshall Space Flight Center, the aerospace organization provided some insight into the inner-workings of spacecraft manufacturing. At the Marshall Space Flight Center, they specialize in what can best be described as "the guts" of a rocket.
It’s no surprise that recent years have brought a surge in demand for products made in the USA. The financial crisis of 2008, and subsequent recession, have caused Americans to rethink the importance and position of the U.S. economy.
Small manufacturing enterprises are more than balance sheets to the CEO, who has usually built the business from the ground up, painfully learning every detail of a successful company as a hands-on leader and final decision-maker.
The Chinese drank 11 billion liters of Baijiu last year, making it the most consumed spirit by volume. After suffering a significant loss in revenue, Sichuan Swellfun CEO Jim Rice is hoping a new approach will reinvigorate the business.
The U.S. government has told BMW to reduce the gas mileage estimates on the window stickers on four of its Mini Cooper models after an audit found the figures were overstated.
Coca-Cola said it plans to slash costs by $3 billion a year after the world's biggest beverage maker reported disappointing sales on flat soda volume.
For small to medium-sized manufacturers willing to open their shop doors and let the youth from their community in, it’s an opportunity to teach them skills they can use both within their manufacturing firm and beyond while also helping to reduce the unemployment rate locally.
General Electric Co. posted strong third quarter results, issued an upbeat forecast for the fourth quarter and said U.S. industrial activity is at its highest level since the financial crisis.
The triple bottom line is a term that was coined in the 90’s. In a nutshell, there are three accounts to the triple bottom line (TBL) — People, Planet and Profit. The conventional wisdom is that a combination of these three components leads to a successful company that retains employees, partners and clients.
AbbVie's board is telling shareholders to vote against its own $55 billion takeover bid for the Irish drugmaker Shire after the U.S. made reincorporating overseas a less lucrative tax maneuver.
The Alliance for American Manufacturing address their concerns with the Exchange Rate Policies released by the Treasury and currency manipulation this week.
Elon Musk, CEO of Tesla Motors Inc., discusses Tesla's "auto-pilot" feature, autonomous driving, government regulations and legal liability.
The manufacturing sector, already a leading component of the U.S. economy, would benefit significantly if the crude oil ban were lifted, according to a new study.
Ferrari celebrated 60 years of car sales in the United States this week. Chris Woodyard talks to Nicola Boari about the Ferrari F60 America, which was made specifically for this occasion.
The world's biggest hamburger chain is confronting unappetizing questions as part of a U.S. campaign to beat back perceptions that it serves Frankenfood.
By sharing a pool of kegs rather than owning their own, over 200 leading craft brewers helped reduce their collective carbon footprint by over 3 million kg of CO2e in 2013.
In this issue of IMPO, we take you inside Worksman Cycles, provide tips to keep your equipment properly maintained and running smoothly and examine a series of case studies on the role of system integration in "People, Planet, and Profit."
My first instinct on a plastic bag ban was of warm, fuzzy, do-gooding feelings for the Earth, and I wasn’t alone. I think most of us would agree that the feeling of environmentalism is nice, until some other facts set in.