ISM: Manufacturing (CONT’D FROM PAGE 8)
Board Converting NEWS INTERNET DIRECTORY
to the September reading of 50.2 percent. The Supplier Deliveries Index registered 75.6 percent, up 2.2 percent- age points from the September figure of 73.4 percent. The Inventories Index registered 57 percent, 1.4 percentage points higher than the September reading of 55.6 percent. The New Export Orders Index registered 54.6 percent, an increase of 1.2 percentage points compared to the Sep- tember reading of 53.4 percent. The Imports Index regis- tered 49.1 percent, a 5.8-percentage point decrease from the September reading of 54.9 percent.” “Business Survey Committee panelists reported that their companies and suppliers continue to deal with an unprecedented number of hurdles to meet increasing de- mand. All segments of the manufacturing economy are im- pacted by record-long raw materials lead times, continued shortages of critical materials, rising commodities prices and difficulties in transporting products. Global pandem- ic-related issues — worker absenteeism, short-term shut- downs due to parts shortages, difficulties in filling open positions and overseas supply chain problems — continue to limit manufacturing growth potential. However, panel sentiment remains strongly optimistic, with four positive growth comments for every cautious comment. Panelists are fully focused on supply chain is- sues in order to respond to the ongoing high levels of de- mand. Demand expanded, with the (1) New Orders Index growing, supported by continued expansion of the New Export Orders Index, (2) Customers’ Inventories Index re- maining at very low levels, and (3) Backlog of Orders Index staying at a very high level. Consumption (measured by the Production and Employment indexes) grew during the period, with a combined 1.7-percentage point increase to the Manufacturing PMI calculation. Although the Employ- ment Index expanded for a second month, hiring difficul- ties at panelists’ companies show no significant signs of abating. Inputs — expressed as supplier deliveries, inven- tories, and imports — continued to help constrain produc- tion expansion, especially with a contraction in imports, compared to September. “The Supplier Deliveries Index slowed, while the Inven- tories Index continued to expand faster due to (1) work-in- process inventory held longer due to key part shortages and (2) more finished goods inventory held due to down- stream customer issues. The Prices Index expanded for the 17th consecutive month, at a faster rate in October, in- dicating continued supplier pricing power and scarcity of supply chain goods. “All of the six biggest manufacturing industries — Food, Beverage & Tobacco Products; Computer & Electronic Products; Chemical Products; Fabricated Metal Products; Petroleum & Coal Products; and Transportation Equipment, in that order — registered moderate to strong growth in October. “Manufacturing performed well for the 17th straight month, with demand and consumption registering month-
SAUER SYSTEM www.sauersystem.com
Sauer provides intelligent solutions for scoring, slitting, slit-scoring, and perforating on corrugators and floor slitters; and glue tab cutting, creasing, slotting, trimming and scrap chopping on presses. New, featured offerings include FRX Adjustable Folding Rail System and G3 Scoring System: the latest proven creasing technology on the market.
STAFFORD GROUP www.go2stafford.com
Interactive website for Stafford Corrugated Products and Stafford Cutting Dies. Featuring online ordering of replace- ment parts. Also, visitors can automatically calculate sheet size for most die-cut standards.
SUN AUTOMATION GROUP ® www.sunautomation.com
SUN Automation Group® is the global leader in providing innovative solutions to the corrugated industry. SUN engi- neers and builds the SUN625 Rotary Die Cutter, provides sales, service and support in North and Central America for Latitude Machinery Corporation, manufacturer of Mini to Jumbo FFG and RDCs. Additionally, SUN is the North Amer- ican, United Kingdom and Ireland sales and service provid- er for Para Machinery’s line of equipment, which includes prefeeders, stackers, palletizers, and other material han- dling equipment, and is the North American sales provider for Highcon, the leader in digital laser die cutting. SUN also powers the corrugated industry’s premier IIoT platform, He- lios, and is the OEM source for Langston/Staley equipment parts and service. SUN is headquartered near Baltimore, MD, and has service centers throughout the globe. THACKER INDUSTRIAL SERVICE COMPANY www.thackerindustrial.com Specializing in corrugated machinery, TISCO offers quali- ty-made products, support services, and more. TISCO has established a reputation of dependability, not only in the product, but in continued service support. With more than 25 years of experience, TISCO installs equipment and ma- chinery, moves or sets up entire plants, rewires and rebuilds - all over the world. TISCO maintains a full fleet of trucks and equipment to perform to your requirements, anywhere, anytime. VT GROUP www.vtgrouponl ine.com VT offers prepress services for the POP display and corru- gated shipping container industry including graphic design, optimized digitally imaged printing plates and innovative pre-mounting solutions. Our large-format digital printing fa- cility (Digital Impact) is a leading short-run manufacturer of distinctive POP displays and signage where litho-like graph- ics are preferred.
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November 8, 2021
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