Kuka: 500 Industrial Robots to Ford Europe
International carmakers continue to invest heavily in new models and manufacturing systems. Thanks to these initiatives, Kuka was able to win another major order in August 2011 for the supply of industrial robots to Ford Europe. Read more
August NMI Indicating Growth in the U.S.
In August, the Non-Manufacturing Index (NMI) registered 53.3 percent, indicating continued growth in the U.S. non-manufacturing sector for the 21st consecutive month. Read more
BMW Group Expands its Activities in China
The BMW Group is planning further expansion of its activities in China in the future. “BMW Group vehicles are very popular in China. We anticipate that this growth will continue in the future. Therefore, together with our Joint Venture partner Brilliance, we will increase the previously announced investment of 560 million euros in our Chinese facility in Shenyang to around one billion euros,” announced Chairman of the Board of Management of BMW AG, Norbert Reithofer, during the visit of the Party Secretary of the Chinese province of Liaoning, Wang Min, in Munich. Read more
Changes in the Control and Drive Technology
The latest Quest study identifies the technological changes planned for the control and drive technology in Germany this year, making these changes transparent similar to a voter migration analysis. It focuses on technologies that are growing or shrinking and the relation between both. Read more
Jenoptik Signs Delivery Contract with Magna
Jenoptik’s Optical Systems division and Magna Electronics Europe GmbH & Co. KG have entered a framework agreement for the supply of optical sensors. The agreement in the low double-digit million euros range starts in mid-April 2011 with the technical systems for the new contract installed at Jenoptik’s Triptis, Germany facility. Series production of the sensor will start in the summer of this year. Read more
Market Report: Adhesives
They secure tiny electronic components as well as huge wind turbines. They hold both car bodies and trains together. Modern adhesives almost do wonders. “Adhesive bonding has become a key technology in many industrial sectors,” says Oliver Kutsch, CEO of Ceresana Research. The market research institute has scrutinized the European adhesive market from top to bottom. Read more
PMI Signals Resurgent Growth for 2011
November data signalled resurgent growth in the German manufacturing sector, with output and new orders both rising at faster rates than in the previous month. This contributed to a strong pace of job creation, which accelerated to its sharpest since the survey-record high posted in March 2008. Read more
Price Fixing Cartel among Air Cargo Carriers
The European Commission has fined 11 air cargo carriers a total of €799,445,000 for operating a worldwide cartel which affected cargo services within the European Economic area (EEA). Read more
Purchasing Managers’ Index Three Points Down
Output and new order growth in the German manufacturing sector eased markedly in August. As a result, the purchasing volume dropped to 58.2, from 61.2 in July. Read more
Aluminium Industry in Full Swing
Countdown for ALUMINIUM 2010, which is being held from 14-16 September in Essen. Compared with the first six months of the previous year, overall German primary aluminium smelters and semis plants experienced a marked recovery in production in the first half of 2010. Ahead of the ALUMINIUM 2010 trade fair, GDA – Gesamtverband der Aluminiumindustrie e.V. (Association of Aluminium Industry) – Düsseldorf, has announced that German aluminium companies remain optimistic that they will be able to maintain this good level during the second half of 2010. Read more
Purchasing Managers‘ Index Drops 3.2 Points
May data indicated that output and new order growth both slowed markedly in the German manufacturing sector. As a result, the seasonally adjusted Markit/BME Germany Purchasing Managers’ Index(PMI) – a composite indicator designed to give a single-figure snapshot of operating conditions in the manufacturing economy – dropped to 58.4, from a survey-record high of 61.6 in April. Read more
Spring Upswing: Highest in 10 Years
April data indicated that the German manufacturing sector started the second quarter with the strongest improvement in overall operating conditions since the survey began in April 1996. Read more
German Economy has Shifted into Higher Gear
The Ifo Business Climate for industry and trade in Germany improved again strongly in April. Firms are considerably more satisfied with their current business situation than before. Read more
German Export Performance: 2000 – 2009
The German Export Performance Index relating to the trade with the country’s 25 major trading partners increased nearly 11% between 2000 and 2009. In relation to the base year 2005 the index rose from 92 to 102 points between 2000 and 2009. Read more
Purchasing Managers’ Index at 10-Year High
Business conditions in the German manufacturing sector improved sharply in March, with rising levels of global demand contributing to substantial output and new order growth. Read more
Extra Shifts and New Job Hires at Opel
Opel/Vauxhall will be hiring up to 250 engineers for its International Technical Development Center in Ruesselsheim to help with the extra work. The Ruesselsheim Plant plans five extra shifts for May and June. Read more
Business Climate Continues to Improve
The Ifo Business Climate for industry and trade in Germany has strongly improved in March. Spring has now arrived in the German economy, announces Ifo today. Read more
Free Tickets for Hannover Messe 2010
Hannover Messe is taking place from 19 to 23 April 2010. For the readers of All about Sourcing the tickets for the industrial trade fair are free of charge . Read more
Business Climate Brightening Again
The Ifo Business Climate for industry and trade in Germany brightened once again in January. The current business situation of firms has further improved. With regard to the business outlook for the next six months, the surveyed firms are more confident than before. According to ifo, the economic recovery continued at the beginning of this year. Read more
SAP E-Sourcing On-Demand
SAP today announced that the latest release of the SAP E-Sourcing on-demand solution is available now, a solution for strategic sourcing, contract and supplier management. Read more
