ISM: Manufacturing (CONT’D FROM PAGE 32)
Board Converting NEWS INTERNET DIRECTORY
“Output/Consumption (measured by the Production and Employment indexes) was negative, with a combined 7.7-percentage point downward impact on the Manufactur- ing PMI calculation. Panelists’ companies reduced produc- tion and began using layoffs to manage head counts, to a greater extent than in prior months, amid mixed sentiment about when significant growth will return. Inputs — defined as supplier deliveries, inventories, prices and imports — continue to accommodate future demand growth. “The Supplier Deliveries Index continued to indicate faster deliveries, and the Inventories Index dropped fur- ther into contraction as panelists' companies try to miti- gate inventories exposure. The Prices Index fell further into 'decreasing' territory. Manufacturing lead times im- proved again but remain at elevated levels. "Of the six biggest manufactuing industries, only one — Transportation Equipment — registered growth in June. “Demand remains weak, production is slowing due to lack of work, and suppliers have capacity. There are signs of more employment reduction actions in the near term. Seventy-one percent of manufacturing gross domestic product (GDP) contracted in June, down from 76 percent in May. “More industries contracted strongly, however, as the share of manufacturing GDP registering a composite PMI calculation at or below 45 percent — a good barometer of overall manufacturing weakness — was 44 percent in June, compared to 31 percent in May," says Fiore. The four manufacturing industries that reported growth in June are: Printing & Related Support Activities; Nonme- tallic Mineral Products; Primary Metals; and Transportation Equipment. The 11 industries reporting contraction in June, among them Plastics & Rubber Products; Wood Products; Electrical Equipment, Appliances & Components; Comput- er & Electronic Products; Paper Products; Food, Beverage & Tobacco Products; and Machinery." Metsä Board Announces Platinum Sustainability Rating From EcoVadis Espoo, Finland based Metsä Board, a leading European producer of premium fresh fiber paperboards and part of Metsä Group, announced achieving the highest Platinum level in EcoVadis’ sustainability assessment. The company has achieved the highest level or rating every year since 2017. Metsä Board received high scores in each of the four themes assessed, and with a total score of 87/100 is among the highest 1 percent of companies assessed in the category of paper, paperboard and pack- aging manufacturers. The overall score remained at the same high level as last year, even though the assessment included several new requirements. In the environmental evaluation, the company scored 100/100 for the second year in a row.
CORRUGATED REPLACEMENTS, INC. www.corrugatedparts.com
Corrugated Replacements, Inc. is a production powerhouse that manufactures high quality machine parts and replace- ment parts for the corrugated and paperboard converting industries. CRI can redesign, engineer, and manufacture any part while providing rapid turn-around, keeping ma- chines running at peak performance and limiting down time.
C.U.E., INC. www.AnvilCovers.com
Makers of single and dual-width Timesaver® Anvil Covers, the premier urethane anvil cover for corrugated die cutting. Timesaver® covers feature construction of solid steel back- ing and solid steel locking components to ensure a precise fit every time. C.U.E., Inc. also offers Dura-Latch and Cor- Lock anvil covers, and urethane Lead Edge Feed Wheels.
EMBA www.embausa.com
The EMBA group supports a complete line of corrugated converting machinery for the worldwide market. EMBA’s Quick Set technology enables the highest productivity across a broad range of converting equipment, from mini to super jumbo. EMBA also includes the McKinley jumbo line of flexo folder gluers and rotary die cutters as well as ser- vice, rebuilds and upgrades for both EMBA and McKinley.
EAGLEWOOD TECHNOLOGIES, LLC www.eaglewoodtech.com
Eaglewood Technologies offers trusted cleaning technolo- gies for the world’s best printers and converters. Solutions include the award winning Sitexco+ Anilox Laser System, the Nanovis Parts Washing System, the Sitexco L10 Label System, the innovative Sanilox™ System or Alphasonics solutions. We also offer Xpress™ mobile cleaning service.
ESKO www.esko.com
Esko is a global provider of integrated software and hard- ware solutions that accelerate the go-to-market process of packaged goods. The company’s ArtiosCAD is the world’s most popular structural design software for packaging. De- signed to boost productivity in structural design, product development, virtual prototyping and manufacturing oper- ations, the software handles all the metrics, building a per- fectly fitting package around any imported 3D CAD product model and enabling designers to focus on creativity.
34 July 10, 2023
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