News
TEMPE, AZ – Economic activity in the manufacturing sector expanded in September for the eighth consecutive month, while the overall economy grew for the 71st consecutive month, reports ISM.
Manufacturing grew at a slower rate in September, as the PMI registered 52%, down 0.9 points from August, says ISM. New orders registered 53.4%, down 1.9 points sequentially. Production dipped to 54.6%, 1.5 points lower. Manufacturers’ inventories registered 41.6%, a decrease of 3.8 points. Customers’ inventories were 50%, up 1 point. Backlogs reached 51%, 0.5 points higher sequentially, the firm reports.
Manufacturing grew at a slower rate in September, as the PMI registered 52%, down 0.9 points from August, says ISM. New orders registered 53.4%, down 1.9 points sequentially. Production dipped to 54.6%, 1.5 points lower. Manufacturers’ inventories registered 41.6%, a decrease of 3.8 points. Customers’ inventories were 50%, up 1 point. Backlogs reached 51%, 0.5 points higher sequentially, the firm reports.
ISM spokesman Norbert J. Ore said, “Manufacturing growth continued in September, while some sectors of the economy are apparently struggling. The trend is toward slower growth in manufacturing, as the rate of growth in both new orders and production slowed. The sector is apparently in excellent shape with regard to inventories, as the inventories index fell to 41.6%, indicating significant inventory liquidation. Overall, September looks like a good month for manufacturing.”
SCHAUMBURG, IL – From one came three. But more was less, and after the first few bars of the Chicago trade show musical chairs, many folks were singing the blues.
PALO ALTO, CA – Frost & Sullivan’s quarterly analyst briefing presentation on the North American medical EMS market will be held Sept. 25 at 11 a.m. EST.
Highlights of the briefing include a discussion of current and future industry trends, market drivers and challenges, says the firm.
EMS providers’ increased concentration in the medical device industry propelled market growth in 2006. Medical OEMs’ willingness to outsource and produce viable business relationships will boost their presence and permit the incorporation of additional service offerings from EMS companies, Frost says.
Primary drivers such as an aging population and technology innovation in medical devices will enable EMS providers to offer optimal solutions and penetrate key end-user segments.
“As more EMS providers penetrate the medical device industry, profit margins are likely to increase, and medical OEMs are likely to have more of a selection of distinguished suppliers,” says research analyst Julian Harris.
To participate, email Sara Villarruel at sara.villarruel@frost.com with the following information: full name, company name, title, telephone number, e-mail, address, city, state and country.
Highlights of the briefing include a discussion of current and future industry trends, market drivers and challenges, says the firm.
EMS providers’ increased concentration in the medical device industry propelled market growth in 2006. Medical OEMs’ willingness to outsource and produce viable business relationships will boost their presence and permit the incorporation of additional service offerings from EMS companies, Frost says.
Primary drivers such as an aging population and technology innovation in medical devices will enable EMS providers to offer optimal solutions and penetrate key end-user segments.
“As more EMS providers penetrate the medical device industry, profit margins are likely to increase, and medical OEMs are likely to have more of a selection of distinguished suppliers,” says research analyst Julian Harris.
To participate, email Sara Villarruel at sara.villarruel@frost.com with the following information: full name, company name, title, telephone number, e-mail, address, city, state and country.
MUNICH – Dr. Franz Josef Radermacher, head of the Research Institute for Application-Oriented Knowledge Processing, will keynote this year’s Productronica trade show.
Dr. Radermacher, who is also professor of informatics at Ulm University, will speak on the challenges of globalization, information society and sustainable development.
Radermacher, who holds Ph.D.s in mathematics and economics, will analyze current developments in population growth, social tensions in the global society, cultural conflicts and the aggravation of the worldwide ecological situation. He will illustrate the special role of electronics, computers and networks as the nervous system of humanity. He will provide a few future scenarios: the collapse of the biosphere, the "Brazilianization" of society, and the ideal balance. Finally, he will offer a possible initial solution toward implementing an eco-social global economy with the Global Marshall Plan.
He is one of the guiding forces behind the Global Marshall Plan Initiative aimed at harmonizing business interests with the environment, society and culture by creating an ecologically and socially compatible global economy.
For more information, visit www.productronica.com.
LONDON -- The SMART Group will give away copies of its Lead-Free Defect Guide at Productronica next month.
The 28-page, color guide features many of the common and less obvious defects seen during the introduction of lead-free products. It shows defects associated with components, boards, design, materials, assembly and rework. It also includes some issues which may be seen on field returns.
Copies will be available at the SMART Group booth, Hall 4, stand 303 in the British Trade Area. Productronica takes place Nov. 13-16 in Munich.
The 28-page, color guide features many of the common and less obvious defects seen during the introduction of lead-free products. It shows defects associated with components, boards, design, materials, assembly and rework. It also includes some issues which may be seen on field returns.
Copies will be available at the SMART Group booth, Hall 4, stand 303 in the British Trade Area. Productronica takes place Nov. 13-16 in Munich.
HELSINKI – Sampo Bank opposes the planned merger of subsidiary PCB maker Aspocomp Oy with its parent company, a merger decided on in May by the board of Aspocomp Group Oyj.
Aspocomp will consider available options, the company reports.
The planned registration date for the merger was Sept. 30.
Sampo Life Insurance Co. owns a roughly 4% stake in Aspocomp Group Oyj, down from more than 10% earlier this year. Sampo Life is part of the same group as Sampo Bank.
Press Releases
- ViTrox Americas Welcomes Doug Ennis as Senior Field Applications & Service Engineer
- Altus Adds LPKF CuttingMaster 3290 to Depaneling Portfolio
- Kurtz Ersa Partners with E-tronix for Sales in Illinois and Wisconsin
- XLR8 EMS Welcomes Raul Jorge Lopez Jr. as Director of Program Management and Procurement