h digitalfootprint web 728x90

Manufacturing

DSC 6869

Manufacturers try to quantify cost of growing regulation

A new study attempts to quantify what many U.S. manufacturers have felt for decades: Government regulations are weighing them down, the Washington Business Journal reports.

The report comes as a federal appeals court this week gave utilities and manufacturers …

DSC 6869

Deere cuts profit forecast

Deere & Co.’s cut its full-year profit forecast as sales slow in Asia and Latin America, undermining the growth strategy at the world’s largest manufacturer of agricultural equipment, Bloomberg reported. Net income for the full …

DSC 6869

HNI announces acquisition

Muscatine-based HNI Corp. said today it has acquired BP Ergo Ltd., a manufacturer and marketer of office furniture in India. BP Ergo will operate as a stand-alone business. The acquisition is expected to have minimal …

DSC 6869

Asteroid mining company gains billionaires’ backing

Planetary Resources Inc., an asteroid-mining venture backed by Google Inc. executives, said it added more billionaire investors and is nearing a partnership agreement with a “top 10” mining company, Bloomberg reported.

Planetary Resources has “new …

DSC 6869

Ryko to remain in Iowa

RykoSolutions Inc. completed a sale leaseback of its facility in Grimes yesterday.

The company said in a release that it is committed to keeping a location in Iowa.

The lease was for 20 years, according …

DSC 6869

Sauer-Danfoss reports loss in sales

Ames-based Sauer-Danfoss Inc. reported a decline of 8 percent in net sales of its mobile hydraulics for the second quarter, over the second quarter of 2011.

When adjusted for changes in translation rates, the company …

DSC 6869

Midwest manufacturing picked up in June

The Federal Reserve Bank of Chicago said today that its Midwest manufacturing index increased 1.1 percent in June.The index was down 1.4 percent in May, according to revised data, the Chicago Fed said.…

DSC 6869

Outsourced manufacturing a security risk: report

The Alliance for American Manufacturing (AAM) has called for a new emphasis on U.S. goods today after two former Department of Homeland Security (DHS) officials released a report on emergency materials. 

Tom Ridge, the former …

DSC 6869

Rockwell Collins releases numbers

Rockwell Collins Inc. reported an increase of 5.1 percent in fiscal third-quarter profits over the same time last year, the company announced today.

Profits for the Cedar Rapids-based company increased from $158 million to $166 …

DSC 6869

A manufacturing index shows signs of renewed vigor

The Federal Reserve Bank of New York said today that its gauge of manufacturing in New York state perked up in July after a sharp drop off the month before, though new orders shrank, Reuters …