President Barack Obama has announced the creation of a new initiative that aims to improve and grow the country’s existing manufacturing industry through “smart manufacturing.” When speaking at the annual SelectUSA Summit, President Obama said the government will provide some … Read More
Bolts, screws and studs are used extensively in the manufacturing industry. Although similar in appearance, however, each item has its own unique purpose and characteristics. To learn more about the nuances between bolts, screws and studs — and which one … Read More
There’s been some concern among economists in recent months, fearing the United States’ manufacturing industry would continue to decline. While the industry has experienced somewhat stagnant growth as of late, it appears this trend has since reversed. According to the … Read More
If you work in the manufacturing industry, either as an employee, independent contractor or business owner, you’ve probably heard of the term “overhead” at some point in time. By calculating manufacturing overhead, you’ll have an easier time reducing unnecessary expenses … Read More
It’s a little-known fact that manufacturing goes hand-in-hand with economics. While it’s true that all industries affect economics, manufacturing is particularly influential. Some financial analysts and market economists view the manufacturing industry as being a wealth-producer of a country. This … Read More
Carbon steel is a popular metal alloy used in dozens of different real-world applications, including manufacturing. It’s characterized by the use of a main alloy constituent being carbon, of which the metal is comprised of roughly 0.12 to 2%. The … Read More
Lean manufacturing, also known as lean production, is a philosophy based around the elimination of waste within a system. First pioneered by the Toyota Production System in the 1990s, it’s become widely used throughout the manufacturing industry. Today, hundreds of … Read More