Articles Tagged with ''manufacturing investment''

BANGOR, ME—Nautel Inc., one of the world’s largest manufacturers of transmitters, has invested $500,000 in new equipment for its assembly plant here.

With the election over and the economy picking up steam, manufacturers are poised to reinvest in their assembly plants.

WASHINGTON—U.S. sales of machine tools totaled $667.47 million in September. That’s an increase of 40.7 percent from August 2012 and an increase of 13.4 percent from September 2011, according to the AMT—The Association for Manufacturing Technology.

COLUMBUS, OH—Honda is planning to invest $200 million at its engine and transmission assembly plants in Anna, OH, and Russells Point, OH.

CHARLOTTE, NC—Material handling equipment orders are forecasted to grow 8 percent to 9 percent in 2012 and 6 percent in 2013, according to the Material Handling Industry of America.

WASHINGTON—U.S. sales of machine tools totaled $470.4 million in August, an increase of 3 percent compared with July sales. All totaled, machine tools sales for the first eight months of the year are up 4 percent compared with the same period in 2011.

WASHINGTON—The Equipment Leasing & Finance Foundation’s monthly confidence index was up 3 points in September, reflecting increased optimism despite concerns over companies’ willingness to expand their businesses in the face of economic and political uncertainty.

WASHINGTON—U.S. sales of machine tools totaled $3.1 billion through the first seven months of 2012, a 5.4 percent increase compared with same period in 2011.

CHICAGO—Spending on capital projects has recovered from the 2008-09 recession, totaling $11 trillion annually, according to a new report from consulting firm A.T. Kearney.

MEXICO CITY—GM is planning to invest $420 million in its Mexican assembly plants to build the Chevrolet Trax, new pick-up trucks and a new transmission.