factory News Updates

Business, Equipment, TCA

Morgan Truck Body to Open $19 Million Connecticut Factory

The Connecticut Bond Commission on Feb. 16 approved a $4 million loan to Morgan Truck Body, which builds dry freight and refrigerated truck bodies for companies throughout the country. The company plans to construct a $19 million manufacturing plant that is expected to create more than 100 new jobs, according to bond commission minutes.

February 20, 2018
Business

Manufacturing Expands at Healthy Pace on Production Surge

U.S. manufacturing expanded at a robust pace in November amid a burst of production and rising orders that signal durable gains in the industry, figures from the Institute for Supply Management showed Dec. 1.

December 1, 2017
Business

Factory Output Surged in October on Hurricane Rebound

A surge in U.S. factory production last month matched the largest gain since 2010 as output at oil refineries and petrochemical plants returned to normal operations following Hurricane Harvey, Federal Reserve data showed Nov. 16.

November 16, 2017
Business

US Manufacturing Is Powering Up, Regional Report Cards Show

America’s factories cranked it up in October, according to the latest regional manufacturing indexes.

October 31, 2017
Business

Employment Costs Pick Up on Faster Wage Gains at Factories

U.S. employment costs picked up in the third quarter from the previous three months, helped in part by faster wage gains in manufacturing, the Labor Department said Oct. 31.

October 31, 2017
Government, Business, Equipment, Logistics

How Trump Getting His Way on NAFTA Would Reshape the Auto Sector

Mexico, Canada and the U.S. are at loggerheads after the latest round of NAFTA negotiations, with America’s neighbors rejecting hard-line proposals by the Trump administration that risk throwing automotive trade on the continent into disarray.

October 18, 2017
Business

Manufacturing Output Rises as Impact From Hurricanes Fades

U.S. factory production rose last month for the first time since June, a sign the industry is starting to regain its footing after the damage from hurricanes Harvey and Irma, Federal Reserve data showed Oct. 17.<

October 17, 2017
Business

Factory Output in Declines on Weaker Auto Production

A slump in motor vehicle production pushed down U.S. factory output unexpectedly in July, Federal Reserve data showed Aug. 17.

August 17, 2017
Business

Factory Gauge Continues to Signal Solid Expansion in July

American manufacturers turned in another solid month in July amid steady growth in production, orders and employment, according to figures from the Institute for Supply Management released Aug. 1.

August 1, 2017