US companies are acknowledging that reshoring -- once the subject of talk but no groundswell of action -- is accelerating, with at least one executive being “pumped up” about critical supply lines shifting away from nations such as China. “This reshoring, nearshoring,... Continue Reading
Rising costs are a pain point for most businesses and organizations in 2022, and energy costs are no exception, with natural gas and electricity prices experiencing unprecedented market volatility. A variety of factors, both nationally and internationally, are contributing to high electricity and... Continue Reading
ASTM International’s board of directors recently approved the creation of a new technical committee on digital information in the supply chain. The new committee (F49) will develop recommended frameworks, standards, best practices, and guides related to the sharing and use of digital... Continue Reading
MTI is excited to announce it graduated another 35 executives from the 2022 YES Management Training Program in Indianapolis, IN during the MTI Fall Meeting held in conjunction with Furnaces North America. As each of the 35 executives’ names were read off to come to the podium to receive... Continue Reading
Increasingly, employers are looking for workers who can manage their relationships at work, as well as they complete their job tasks. Workers are trained to trumpet technical skills and personal achievements on their resumés, and talk them up in job interviews. However, to succeed at work,... Continue Reading
Reliable electricity is essential to the conveniences of modern life and vital to our nation’s economy and security. But the electricity grid is an attractive target for cyberattacks from U.S. adversaries—such as nations like China and Russia, as well as individual bad actors, such as... Continue Reading
A safer workplace can lead to healthier workers, lower injury costs, less stress, and higher employee retention. As the manufacturing industry has become more competitive, many manufacturers have turned to automation to improve their efficiency and productivity while cutting costs in the long... Continue Reading
If a story about the company that demonstrates company culture is told through the eyes of an employee, it creates a realistic view of company culture increasing retention. This statistic says it all. “The average tenure at a company used to be four years and now that number is just under... Continue Reading
At the opening night kickoff reception, Furnaces North America (FNA 2022), North America’s premier trade show and technical conference, recognized Jim Oakes, President of Super Systems in Cincinnati, OH with the first ever FNA Industry Award. This award is given to an individual in... Continue Reading
US factories are humming, and manufacturers are scrambling to find workers as the pace of hiring hits levels not seen in decades. Friday’s September jobs report showed US manufacturers added another 22,000 workers in September, increasing employment in the sector by nearly 500,000 over the... Continue Reading
U.S. producer prices increased more than expected in September, but underlying goods prices posted their weakest reading in nearly 2-1/2 years as supply chains improved further, offering some hope in the battle against inflation. The report from the Labor Department on Wednesday also suggested... Continue Reading
One area of strength for the Metal Treating Institute over the years has always been its line of leadership, and 2022 is no different. At the final night awards dinner during MTI’s Fall Meeting, in conjunction with Furnaces North America, in Indianapolis, IN, 2022 President Don Hendry from... Continue Reading
