Following a peak in aircraft orders in 2023, the latest data from UK’s Aerospace, Defence, Security & Space group (ADS Group) highlights a decline of almost two thirds (62%) in global aircraft orders in 2023, to reach 1,447. Against a challenging year for production, the backlog of aircraft on order has reached its highest year
U.S. manufacturers are optimistic that the sector will emerge from a prolonged recession next year, though capital expenditure growth was likely to fall short of 2024’s pace. The Institute for Supply Management (ISM) survey published recently also found purchasing and supply executives at factories predicted higher employment levels in 2025. The ISM’s manufacturing Purchasing Managers
With over 36 years of extensive industry experience across seven countries, Paul W. McLaughlan brings a wealth of knowledge and leadership to his role as General Director at Schoeller Bleckmann Oilfield Equipment Vietnam Ltd. (SBO Vietnam). A seasoned professional in the oil and gas sector, Paul leads a stand-alone plant that manufactures high-precision components for
Over the last 11 years, Mitsuru Nakata, President & CEO of Nakata Manufacturing, has led the company into its second century of innovation and growth. As the fifth-generation head of the family-owned business, Nakata has transformed the company, integrating cutting-edge technology and engineering excellence to stay competitive in the evolving manufacturing landscape. Successfully blending tradition
Texworld Apparel Sourcing Paris is one of the largest events for manufacturing, and fabric and garment sourcing in Europe. Scheduled for February 10-12 and September 15-17 in 2025, the event will take place at the Parc des Expositions de Paris-Le Bourget, across Halls 2, 3, and 4. This three-day event brings together over 1,200 manufacturers
Saudi Arabia is all set to get a new factory for French fries. A subsidiary of Americana Holding for Food is putting up $100 million into the manufacturing plant in Riyadh’s Sudair Industrial and Business City. Set for opening early 2026, this is the second joint venture Americana has with Egypt’s Farm Frites in the
Meet Sumit Dhar, the visionary Managing Director of SPARTAN Safety India — a company that embodies resilience and dedication in the Personal Protective Equipment (PPE) industry. With a rich and diverse career spanning multiple sectors, Sumit’s entrepreneurial spirit and unwavering commitment to manufacturing excellence have propelled SPARTAN® to emerge as a leader in workplace safety
In an era where consumer habits and technological advancements are rapidly evolving, Ranjan Munshi stands out as a visionary leaderin the packaging industry. As the Founder and Managing Director of Pioneer Enterprises, he has dedicated his career to transforming packaging from a simple necessity into an integral part of the product experience. With an engineering
Multiple Chinese manufacturing hubs have released their GDP growth figures for the first three quarters, with some showing gains of more than 5%. Analysts attributed the positive readings to the localities’ impressive performance in manufacturing, in particular in high-tech, which they said mirrored China’s ongoing industrial upgrading as well as the country’s overwhelming edge in
Japan’s manufacturing sector witnessed a marginal deterioration in business conditions for the third consecutive month in September, reflecting a decline in production levels and new orders. Employment levels rose at the softest rate in seven months while average operating expenses remained historically high, yet firms only partially passed these higher costs on to clients. Notably,
