17 Aug 2018

Dempsco Awarded Outstanding Sales Achievement by Eriez Manufacturing

Dempsco Awarded Outstanding Sales Achievement by Eriez Manufacturing
Dempsco has received two achievement awards from Eriez Manufacturing. These awards are for 2017 Outstanding Sales Achievement and 2017 Quota Performance.

Congratulations go to the Dempsco Sales Team Members – Kurt Jacoby, Chris Jacoby, and Bon Carter – for a job well done!

As always, please contact Dempsco for all your lift magnets, magnetic conveyors and feeders, magnetic separation, or filtration and coolant recycling requirements.
Author: Cynthia
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14 Aug 2018

Predictive Monitoring of your Air Filtration System by Keller Technologies

Predictive Monitoring of your Air Filtration System by Keller Technologies

A filtration system's failure can result in the downtime of several production machines/work stations, resulting in valuable lost output and delivery.  To prevent events such as this from happening, Keller developed a condition monitoring system called PREMOS, or Predictive Monitoring Service.  With the combination of on-site hardware and an easy web-based platform, PREMOS tells Keller when your air filtration system is not meeting its healthy parameters. The Keller team can then analyze the situation and quickly provide a maintenance recommendation.

PREMOS ensures that your Keller systems are operating correctly, and will detect an issue with the unit before it affects manufacturing.

Author: Cynthia
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17 Jul 2018

Auto Sales Climb in First Half of 2018

Predictions for a slower 2018 might have been premature. With half of the year gone, sales are up nearly 2% industrywide as strong March-through-June numbers overcame declines from the beginning of the year.

The seasonally adjusted annual rate (SAAR), a measure of what full-year sales would be based on June’s results, hit slightly less than 17.5 million, well ahead of May’s numbers and much better than June 2017.

Insatiable market desire for crossovers and more-generous cash-back deals played big roles in the numbers.

The numbers might have been better in recent months than had been commonly thought. General Motors stopped releasing monthly sales totals earlier this year but is releasing quarterly numbers. And GM‘s second quarter was up 4.6%, a higher growth rate than the overall industry.

Some analysts are predicting a weaker second half for the year, but going into 2018, most predictions had been for a weak first half followed by improvements later in the year. Lots of question marks surround the industry, such as the impacts of tax relief, the future of President Donald Trump’s trade actions, and how consumers will react to rising interest rates on auto loans.

 

Today's Motor Vehicles - Robert Schoenberger

Author: Cynthia
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12 Jul 2018

Millennials Upbeat on Manufacturing's Future

Millennials Upbeat on Manufacturing's Future

Proto Labs Finds Millennials Upbeat on Manufacturing’s Future

Survey indicates increased optimism and changing perceptions about the industry among those from their late teens to late 30s. The results of a survey from digital manufacturer Proto Labs, Inc., Maple Plain, Minn. are very promising for the future of manufacturing. The key: millennials have both a more optimistic outlook and a changing perception.

According to the survey, nearly half of U.S. millennials (47%) believe there will be enough qualified professionals to fill manufacturing job demands in the next 10 years. This represents a marked increase from the only 35% of Generation Xers and baby boomers who think the jobs demand will be met.

Manufacturing is viewed as a high-tech career choice by 37% of millennials compared to both Generation Xers (27%) and baby boomers (23%), as indicated by the results. Moreover, 49% of millennials believe engineering is a needed skill in today’s manufacturing sector, compared with only 41% of baby boomers.

Proto Labs sees digital manufacturing as having paved the way for a larger breadth of opportunities in addition to the plant floor roles solely and traditionally associated with the manufacturing industry. Today’s top manufacturers seek to fill a range of skilled positions—from mold techs, to applications engineers, to software developers.

Proto Labs cites a 2015 article in the Deloitte University Press that within the next decade, 2 million out of the 3.5 million manufacturing jobs could go unfilled due to talent shortages, according to Deloitte. For this reason, Proto Labs says it is crucial for the manufacturing industry to continue to shift its outdated public image. “I expected to begin my career at what you might consider a traditional technology company, like Facebook, Amazon or Uber…..manufacturing wasn’t necessarily on my radar. But digital manufacturing has changed everything. It’s created a high demand for skills like mine, and it has provided me a great career opportunity,” said Andrew Crocker, a 25-yr-old software developer at Proto Labs, who joined the company straight out of college.

Meanwhile, a manufacturing career’s financial benefit is another perception that has been changing among young people. According to the survey, 40% of millennial respondents think a career in today’s manufacturing industry is high-paying, compared with only 26% of Generation Xers. In fact, according to the Society of Manufacturing Engineers, the average U.S. manufacturing worker makes more than $70,000 a year.

Author: Cynthia
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10 Jul 2018

US Employers Added 213,000 Jobs in June

US Employers Added 213,000 Jobs In June, Exceeding Expectations.

Bloomberg News (7/6, Dmitrieva) reported that “US hiring topped forecasts in June while unemployment rose from an 18-year low and wage gains unexpectedly slowed, indicating the labor market has room to keep expanding.” The Labor Department announced Friday that “nonfarm payrolls climbed 213,000 after an upwardly revised 244,000 advance,” adding that the data exceeding expectations, as “the median estimate of analysts surveyed by Bloomberg called for a gain of 195,000 jobs.” The AP (7/6, Boak) reported that US employers “kept up their brisk pace of hiring in June, reflecting the durability of the second-longest US economic expansion on record even in the face of a trade war with China.” Commenting on the composition of the job gains, The New York Post (7/6, English) quoted Allianz Global US Investment Strategist Mona Mahajan saying the business sector was “encouraged by the robust manufacturing jobs [gains] figure of 36,000.” MarketWatch (7/6, Bartash) reported, “Businesses can’t find enough talent to fill a record number of job openings, but they are still hiring aggressively,” adding that the job gain reported by the Labor Department “topped the 200,000 forecast of economists polled by MarketWatch.” Reuters (7/6, Mutikani) reported that “the US economy created more jobs than expected in June,” adding that “manufacturers stepped up hiring.” JP Morgan Stanley Economist Michael Feroli called that data “good news insofar as it suggests the economy still has some capacity to grow at an above-trend pace.”

Author: Cynthia
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