by TKoon333 | Sep 15, 2024 | CNC Machining
Manufacturing is a significant part of the American economy. Manufacturing industries have been called “engines of growth.” In 2023, U.S. manufacturing contributed $2.9tr to GDP, over 10% of all economic output. Manufacturing is highly diverse. Some industries, like...
by TKoon333 | Aug 15, 2024 | CNC Machining
Successful businesses of every size are dynamic businesses. They change, they grow, they innovate. As Adena Friedman, President of Nasdaq, Inc. stated, “New products, new markets, new investors, and new ways of doing things are the lifeblood of growth. And while each...
by TKoon333 | Jul 15, 2024 | CNC Machining
Manufacturing is a critical part of the U.S. economy, contributing $2.89 trillion in value and representing 10.3% of U.S. GDP in 2023. Manufacturing employs over 12.5 million people, accounting for about 60% of U.S. exports. Manufacturing is driven by innovation. As...
by TKoon333 | Jun 15, 2024 | CNC Machining
Manufacturing is essential to our American way of life. There were 13 million people employed in more than 244K manufacturing companies in 2023, contributing 10.3% of the U.S. economy. Over 69% of U.S. manufacturers are estimated to utilize some aspects of lean...
by TKoon333 | May 15, 2024 | CNC Machining
Every business needs to reach and sustain long-term profitability to succeed. However, profitability is affected by the cost of inventory. Inventory is sometimes called the lifeblood of retail, e-commerce, or wholesale businesses, and inventory holding costs can...
by TKoon333 | Apr 15, 2024 | CNC Machining
CNC machining has been around for a long time but there is an increasing demand for CNC machining that is expected to continue due to its vast applications and incredible popularity. The CNC machining industry is projected to grow from $95 billion at the end of 2022...
