World demand for lighting is set to grow by as much as 12.3 per cent yearly though 2016, according to a recent report. Reportlinker projects that the market will be worth $78.3 billion (£49.6 billion) in three years' time. The ...
Tags: LED, Lighting Market, Lighting
US manufacturing activity continues to grow steadily, buoyed by an increase in new orders and blue collar employment. The Institute for Supply Management index of manufacturing activity rose to 53.1 in January from 50.2 in December. ...
Tags: US Manufacturing, manufacturing activity, blue collar employment
China's economic growth slowed down in 2012, and the growth rates of shipbuilding, construction steel structure, oil and gas pipeline industries decreased to varied extent, thus causing the weakened demand for welding & cutting equipment. ...
Tags: China, Inverter Welding and Cutting Equipment Industry, 2012
The National Association of Manufacturers (NAM) has awarded Congressman Michael McCaul (R-TX-10) the NAM’s Award for Manufacturing Legislative Excellence at an event hosted by NAM member Mitsubishi Caterpillar Forklift America (MCFA). ...
Tags: NAM, MCFA, Manufacturing
U.S tech companies lead all other industries in patent production, and Silicon Valley has the highest patent-producing population, says a new study. Moreover, the rate of patenting by U.S. inventors "is at its highest point since the ...
Tags: Industrial Revolution, Computer Products, U.S.Inventiveness
At the first international sustainable energy conference hosted by the “Regions of Climate Action”(R20), Philips and R20 emphasized the benefits of rapid adoption of intelligent and energy-efficient LED lighting infrastructure ...
Following disappointing jobs report and the news earlier this week that US fragile economic recovery has come to a virtual halt, it is imperative that the White House and Congress immediately make economic growth and job creation their top ...
Tags: retail jobs, NRF, Textile Industry
The Australian dollar fell sharply after The Wall Street Journal reported a warning on the outlook for the Australian economy issued by ratings firm Standard and Poor's. At 5pm AEDT the dollar was buying $US1.04, down from $US1.0470 in ...
Tags: Dollar, Australian economy, investment
US iron ore production in 2012 has been estimated at 53.2 million mt,down slightly compared to the 54.7 million mt recorded in 2011, owing to reduced steel consumption and destocking, according to the "US Geological Survey, Mineral ...
Food businesses need more government support to create a sustainable food system, according to a new report. Dan Crossley warned the ‘pass the buck’ mentality to food sustainability was harming consumers and the environment ...
Tags: Food businesses, government support, sustainable food system
A Taiwan delegtation formed by government officials, researchers and industry players recently concluded a six-day visit in Japan, where they probed the possibilities of forming strategic alliances between the two countries. According to ...
US ferrous scrap exports decreased in 2012 to an estimated 23 million tons, down 5.35 percent from 24.3 million tons during 2011, with the main destinations including Turkey, South Korea, Taiwan, Canada and China, in descending order of ...
Tags: scrap exports, scrap, scrap value
The sharemarket rose for a 10th consecutive day, extending its longest winning streak since October 2003, as an improving global economic outlook continued to fuel demand for equities before the conclusion of a US Federal Reserve board ...
Peabody Energy has set a 2013 capital expenditure budget of $450 million to $550 million, roughly half that of 2012, and will further defer "early-stage" projects until coal market conditions improve, the St. Louis-based producer said ...
Underlining its commitment to help strengthen Iraq’s energy infrastructure, GE Oil & Gas has established a new technology and service center near Basra City. The facility, which was opened earlier this month, brings the latest GE ...
Tags: Oil Production, GE, Oil, Gas