Industry Market Trends

Manufacturers Need a Succession Plan for their Workforce

September 12, 2013

U.S. manufacturers need to pick up the pace in recruiting the next generation of workers to fill their talent pipelines. The industry’s workforce faces a ticking “biological clock,” as older workers prepare to retire and manufacturers seem to lack a sense of urgency to replace them, according to ThomasNet.com’s new 2013 Industry Market Barometer survey of over 1,200 manufacturers. Read More

Industry Market Trends

Natural Gas Powering More Non-Road Engines

September 12, 2013

How much power does a natural gas engine have? According to Fred Stow, director of sales for Waukesha-Pearce Industries (WPI), “the power to change an industry.”

And maybe more than just one.

Drilling for oil and gas could get noticeably cheaper for companies, as in late August the U.S. Environmental Protection Agency (EPA) certified two of GE’s Waukesha natural gas-fueled engine models for mobile, non-road applications.

The Waukesha is billed by GE officials as a “lower cost, lower emission choice for powering drill rigs and oilfield equipment in place of older diesel units.” They claim that powering a drill rig with natural gas instead of diesel fuel “can result in up to 80 percent lower fuel costs for a producer.” Read More

Industry Market Trends

Manufacturing Is the New Hotbed of Technological Innovation

September 12, 2013

Technological transformation just might be today’s watchword for American manufacturers, according to respondents to ThomasNet.com’s 2013 Industry Market Barometer (IMB) survey. Thirty years ago, few would have pointed to the manufacturing sector as a hotbed of technological innovation. Yet today, technology permeates every aspect of manufacturing, from design engineering to the assembly line to marketing and sales.  Read More