Industry Trends: Business & Industry

Business & Industry

Getting the Most from Systems Commissioning of New Facilities

The greatest value of new facility systems commissioning is to get all parties involved in the process, including contractors, designers, engineers, and the owner, on the same page about each's responsibilities on the project. Therefore, care must be taken to ensure mutual understanding and actionable decision-making. The resultant benefits can be significant. Systems commissioning has proven...

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Business & Industry

Are Your Part Numbers Too Smart for Their Own Good?

For decades, manufacturers have used "smart" or "intelligent" part numbers -- that is, descriptive part numbers that contain explicit indicators in the part-number string itself, indicating something about the name of the part itself, the product it is used in, physical characteristics of the part or other data points. One of the advantages of such descriptive part numbers has been that they...

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Business & Industry

Industry Crib Sheet: Jobs Streak Continues on Heels of Strong Q2 GDP

ISM: Manufacturing Picked Up Again in July U.S. Companies Struggle with Working Capital Construction Spending Tumbles in June U.S. hiring cooled off in July, but the 209,000 positions employers added last month was the sixth straight monthly increase of at least 200,000 jobs to the nation's payrolls. However, the nation's unemployment rate unexpectedly ticked up a tenth of a point to 6.2 percent...

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Business & Industry

The Light Side: Robot Hitchhikes Across Canada, a Ride at a Time

AI Correctly Orders Beatles' Musical Chronology Dutch Musician Redefines Log Cabin Water Filter Can Charge Your Cellphone When you were young, you were told to never talk to strangers or pick one up -- or was it never let a stranger pick you up? Never mind. If you saw a cute, smiling robot by the side of the road, you would pick it up, and right now there is one getting picked up repeatedly on a...

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Business & Industry

Legislation at the Core of Food-Contact Packaging Trends

Packaging researcher Smithers Pira says the food-contact packaging market will continue to be influenced by legislation at all jurisdictions, local and national, around the world. The global roster of allowable substances is one in constant motion and which increasingly includes recyclable and recycled materials. In recent years, there have been many significant developments regarding...

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Business & Industry

4 Things to Consider Before Predictive Maintenance Programs

Industrial companies have realized that it pays to be sustainable, literally. It is not just a noble act; we want to do it because mitigating energy and water waste is mitigating costs and improving profit. Here, LNS Research describes how predictive maintenance equals to sustainable manufacturing. One of the things LNS Research has explored recently is the direct relationship between predictive...

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Business & Industry

Next-Generation Firewalls Fend Off Newer Breed of Threats

The increasing complexity and sophistication of network security threats are driving companies of all kinds to deploy next-generation firewalls (NGFWs), rather than traditional firewalls, to better equip themselves in combatting so-called advanced persistent threats (APTs). As an example of the kinds of APTs that are emerging, consider Energetic Bear, also known as Dragonfly, a cyber-espionage...

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Business & Industry

Pressure Builds on Soda Ash Prices Amid Supply Shifts

Potential price hikes on the raw material could have downstream impact on prices for glass, soap and detergents, and paper, despite U.S. soda ash consumption remaining flat at 5 million annual tonnes in the last few years. Globally, supply capacity is shifting. Look for growing pressure on soda ash prices as major U.S. producers try to improve profit margins for the slow-growth, but important,...

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Business & Industry

Editor's Note: The Sun Comes Up Again

American solar module manufacturers have welcomed the federal anti-dumping tariffs on Chinese-made products, which had flooded the domestic solar energy market in the last couple of years. A more level playing field has given U.S. producers new life. The eulogy for the U.S. solar module manufacturing industry seems to have had been written prematurely. For the survivors of the Chinese goods...

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Business & Industry

Industry Crib Sheet: Chinese Manufacturing Regaining Strength

Equipment Financing Expected to Heighten Study: Siloed Processes Hurting Product Life Cycles China, Russia to Lead Polypropylene Resin Production China's manufacturing sector is rebounding after a second straight month of expansion on new orders and export work, following five consecutive months of decline since the beginning of the year. The Flash China Manufacturing PMI for July, published by...

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