ISM: Manufacturing (CONT’D FROM PAGE 6)
Board Converting NEWS INTERNET DIRECTORY
Deliveries Index registered 66.1 percent, an increase of 1.5 percentage points compared to the January figure of 64.6 percent. The Inventories Index registered 53.6 percent, 0.4 percentage point higher than the January reading of 53.2 percent. The New Export Orders Index registered 57.1 percent, up 3.4 percentage points compared to the Janu- ary reading of 53.7 percent. The Imports Index registered 55.4 percent, a 0.3 percentage point increase from the January reading of 55.1 percent. “The U.S. manufacturing sector remains in a de- mand-driven, supply chain-constrained environment. The COVID-19 omicron variant remained an impact in Febru- ary; however, there were signs of relief, with recovery ex- pected in March. A higher-than-normal quits rate and early retirements continued. Panel sentiment remained strongly optimistic, with 12 positive growth comments for every cau- tious comment, up from January’s ratio of 7-to-1. Demand expanded, with the (1) New Orders Index increasing and remaining in strong growth territory, supported by stron- ger expansion of new export orders, (2) Customers’ Inven- tories Index remaining at a very low level and (3) Backlog of Orders Index increasing to historically high levels. Con- sumption (measured by the Production and Employment indexes) grew during the period, though at a slower rate, with a combined minus 0.9 percentage point change to the Manufacturing PMI calculation. “The Employment Index expanded for a sixth straight month; panelists indicate their ability to hire continues to improve, but to a lesser degree than in January. Challeng- es with turnover (quits and retirements) and resulting back- filling continue to plague panelists’ efforts to adequately staff their organizations. Production expanded satisfacto- rily, despite staffing and supplier delivery headwinds. In- puts — expressed as supplier deliveries, inventories, and imports — continued to constrain production expansion. “All of the six biggest manufacturing industries — Trans- portation Equipment; Machinery; Computer & Electronic Products; Food, Beverage & Tobacco Products; Chemical Products; and Petroleum & Coal Products, in that order — registered moderate-to-strong growth in February. “Manufacturing performed well for the 21st straight month, with demand registering month-over-month growth and consumption softening slightly, though less than fore- cast. The impact of omicron declined in February as swift- ly as it appeared in December, leaving March and April’s manufacturing environment favorable, especially with new orders and backlogs registering strong growth.” Among the 16 manufacturing industries reporting growth in February are: Apparel, Leather & Allied Prod- ucts; Textile Mills; Paper Products; Transportation Equip- ment; Machinery; Miscellaneous Manufacturing; Electrical Equipment, Appliances & Components; Computer & Elec- tronic Products; and Food, Beverage & Tobacco Products. The only industry reporting a decrease in February com- pared to January is Wood Products.
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, UK and Ireland sales and service provider for Para Machinery’s line of equipment, and is the North American sales provider for Highcon. SUN also powers the corrugat- ed industry’s premier IIoT platform, Helios, and is the OEM source for Langston/Staley equipment parts and service. THACKER INDUSTRIAL SERVICE COMPANY www.thackerindustrial.com Specializing in corrugated machinery, T.I.S.CO. offers quali- ty-made products, support services, and more. T.I.S.CO. has a reputation of dependability, not only in the product, but in service and support. With more than 25 years’ experience, T.I.S.CO. installs equipment and machinery, moves or sets up entire plants, rewires and rebuilds - all over the world. 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. WPR SERVICES www.wprservices.net
WPR Services was established in 2016. What originally start- ed as a technical services company expanded its product offerings to include a machine center learning platform POWtalk™. Our analysis of video, audio, machine metrics, employee ergometrics, and person to person conversation provides a way to identify safety and process inefficiencies.
March 7, 2022
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