Industrial Machinery Manufacturing Best of 2015 Ardmore Award

The Ardmore Award Program has awarded KAAST Machine Tools their Best of 2015 Ardmore Award in the category of Industrial Machinery Manufacturing. read more →

New report reveals manufacturing decline on the east coast.

flickr/rvaphotodude The Richmond Fed’s latest manufacturing report is out. The latest report from the Federal Reserve Bank of Richmond, reveals an unexpected decline in the manufacturing industry along the east coast. The headline index unexpectedly plunged to -11 in July from 8 in June. Economists predicted the index would rise to 9. Below is a.. read more →

Big data is not just for predicting election outcomes and mapping genomes. General Electric (GE) is betting on the so-called Industrial Internet — a term they coined — to help manufacturers boost performance, streamline processes and better compete in the global marketplace. read more →

Several weeks ago, Federal Reserve Chairman Ben Bernanke rattled economists by alluding to an imminent tapering of the Fed’s quantitative easing. The almost immediate reaction was a jump in interest rates, which quickly rose from the mid-3-percent range to above 4 percent, where it has hovered ever since. Rising Interest Rates Even after an announcement.. read more →