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Tag Archives: Manufacturing

India wants to be a hub for electronics manufacturing, says Ravi Shankar Prasad

India has the resources to become a global electronics manufacturing center and a competitive partner to the global economy, the country’s technology minister said. The government introduced a $ 6.6 billion incentive system for international companies to ramp up their electronics manufacturing operations in India on Tuesday. “This whole program is industry specific to make India a major center of …

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Here are Friday’s biggest stock market losers that have been driven down due to disappointing earnings and shrinking manufacturing

US stocks fell sharply early in the new month as disappointing earnings reports and a number of economic data clouded investor sentiment. • The industrial average of Dow Jones USA: DJIA fell 622 points, or 2.6%, to close at 23,723.69. The index is now down 19.7% from its final high of February 12, but 27.6% from its final high of …

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China manufacturing data released in April as it will make it easier to block corona viruses

China’s manufacturing sector has been hit by a slowdown in export demand due to the economic impact of the global corona virus pandemic, although factories in the world’s second largest economy have resumed production. This was shown by two April data released on Thursday. The results of a private survey, the Caixin / Markit Manufacturing Purchasing Manager’s Index (PMI), for …

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The Fiserv Forum acts as a distribution center for mask manufacturing kits

At this time of year, the Fiserv Forum usually hosts Buck’s playoff basketball, but during the coronavirus pandemic, Fiserv has another cause to get millions of masks into the right hands. “This is a call to the community to help,” said Arvind Gopalratnam, vice president of corporate responsibility at Bucks. The arena is used as a distribution center to distribute …

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COVID-19 crisis highlights the risks of offshoring pharmaceutical manufacturing: gunshots

According to the Food and Drug Administration, only 28% of the factories that manufacture active ingredients for pharmaceuticals for the domestic market are located in the USA. Ariana Lindquist / Bloomberg via Getty Images Hide label Switch label Ariana Lindquist / Bloomberg via Getty Images According to the Food and Drug Administration, only 28% of the factories that manufacture active …

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Ford begins manufacturing respirators for healthcare workers at the Michigan plant

With advice on design and testing from 3M and close coordination with the National Institute for Safety and Health at Work (NIOSH) of the CDC, Ford has developed a new breathing apparatus with air purification (PAPR). ford Ford Motor will begin producing new air-purifying respirators this week to help protect healthcare workers from Covid-19. The automaker said Monday that production …

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ISM Manufacturing Index March 2020

US manufacturing declined in March as the coronavirus outbreak continued to put pressure on the economy, data released on Wednesday by the Institute for Supply Management showed. The ISM manufacturing index fell from 50.1 in February to 49.1 in the past month. Activity was driven by a sharp drop in orders and production, as the data showed. Prices within the …

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Caixin / IHS Markit releases PMI for manufacturing in China when coronavirus breaks out

The results of a private survey released on Wednesday showed that China’s manufacturing activity increased slightly In March, when factories went online after a corona virus outbreak. The purchasing manager index for Caixin / Markit manufacturing for March was 50.1. Analysts interviewed by Reuters had expected the Caixin / Markit PMI to be 45.5, compared to the largest drop in …

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2 chemistry professors in Arkansas are charged with meth for manufacturing

It sounds like something from the award-winning former A.M.C. Breaking Bad series: Authorities accused two chemistry professors of producing methamphetamine on Friday in Arkansas. Instructors Terry D. Bateman (45) and Bradley A. Rowland (40) were indicted for producing methamphetamine and using drug paraphernalia, the Clark County Sheriff's Department said. Meth is a highly addictive drug that, according to the Centers …

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