News Desk
The new 5ME company has management operations in Cincinnati, where it is headquartered, and Detroit. Detroit is also home to 5ME’s 40,000 ft2
(3716 m2 )
technology center, showcasing its breakthrough capabilities in cryogenic machining, tooling/fixturing, process development, asset monitoring and enterprise software, as well as embedded assistance.
US Manufacturing: Third Month of Expansion
E
conomic activity in the manufacturing sector expanded in August for the third consecutive month, and the overall economy grew for the 51st consecutive month, according to the Manufacturing ISM Report on Business. The PMI registered 55.7% in August, an increase of 0.3 percentage points over July and the highest reading of the year, according to the Sept. 3 report from the Institute for
PMI™
New Orders Production Employment
Supplier Deliveries Inventories
Prices
55.7 55.4 63.2 58.3 62.4 65.0 53.3 54.4 52.3 52.1 47.5 47.0
Customers’ Inventories 42.5 47.5 54.0 49.0 46.5 45.0 55.5 53.5 58.0 57.5
Backlog of Orders Exports Imports
+0.3 +4.9 -2.6 -1.1 +0.2 +0.5 -5.0 +5.0 +1.5 +2.0 +0.5
OVERALL ECONOMY Manufacturing Sector
Growing Growing Growing Growing Slowing
Contracting Too Low
Increasing Contracting Growing Growing Growing Growing
Index
Series Index Aug
Series Index Jul
Percentage Point Change
Longer-Term Direction
Galvanizing is Thinking Big Picture. Preserve Your Project Before It’s Even Built.
Hot-dip galvanizing with AZZ Galvanizing Services is the best way to ensure that your project will stand the test of time, saving money in costly maintenance repairs later. And since using eco-friendly zinc is less expensive than other corrosion barriers, the cost savings begin before the construction does — and will extend the life of the structure. Save money now and in the big picture.
azzgalvanizing.com COLORS 4C PROOF JOB# AZZ-36380 22
ManufacturingEngineeringMedia.com | October 2013 SIZE
Trim: 7 X 4.875 9.5.2014 Natalie
INITIA L SETUP DESKTO P ARTIST 817.335.1373 SIGNATURE FIL E NAME Manufacturing Engineering - Steel Day 2013 OK as is OK with changes Supply new proof with changes We Protect More Than Steel.
at all AZZ locations
Source: Institute for Supply Management
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