Council of Industry

Sharing more photos from last month's Luncheon/Associate Member Expo!

Thank you to the Council of Industry members who attended: Zumtobel, Putnam Precision, eMagin, Bank of America, GlobalFoundries, Ashworth Creative
and special thanks to Senator Sue Serino Marc Molinaro Michelle Hinchey for their support!

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Council of Industry3 days ago

U.S. Factory Orders Rise More Than Expected in October

The Commerce Department said on Friday that factory orders increased 1.0% in October. Data for September was revised higher to show orders gaining 0.5% instead of 0.2% as previously reported. Orders increased surged 17.1% on a year-on-year basis. Shipments rose 2.0% after advancing 1.0% in September. Inventories at factories gained 0.8% in October. Unfilled orders rose 0.3% after increasing 0.7% in the prior month.

The Commerce Department also reported that orders for non-defense capital goods, excluding aircraft, which are seen as a measure of business spending plans on equipment, increased 0.7% instead of 0.6% as reported last month. Shipments of these so-called core capital goods, which are used to calculate business equipment spending in the gross domestic product report, rose 0.4%. They were previously reported to have increased 0.3%.

Read more at Yahoo: http://ow.ly/wPT550H4c4C

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Council of Industry6 days ago

Supply-Chain Problems Show Signs of Easing

Global supply-chain woes are beginning to recede, but shipping, manufacturing and retail executives say that they don’t expect a return to more-normal operations until next year and that cargo will continue to be delayed if COVID-19 outbreaks disrupt key distribution hubs. In Asia, COVID-related factory closures, energy shortages and port-capacity limits have eased in recent weeks. In the U.S., major retailers say they have imported most of what they need for the holidays.

Ocean freight rates have retreated from record levels. Still, executives and economists say strong consumer demand for goods in the West, ongoing port congestion in the U.S., shortages of truck drivers and elevated global freight rates continue to hang over any recovery. The risk of more extreme weather and flare-ups of COVID-19 cases can also threaten to clog up supply chains again.

Read more at the WSJ: http://ow.ly/wOuR50H3emf

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Council of Industry1 week ago

After 16 months, we finally had a chance to recognize these terrific Champions of Hudson Valley manufacturing at our Annual Luncheon last month.

Congratulations to all!

Charles Khoury - Ulster BOCES
John Waldron - IBM Poughkeepsie
Crystal Run Village Inc.
Governor Kathy Hochul

We thank you for your support of manufacturing and of the Council of Industry.

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Council of Industry1 week ago

The Council's Annual Luncheon & Associate Member Expo was a great success with the help of our members, vendors, and sponsors.

Pictured are a few of our speakers: Rebecca Mazin, Owner of Recruit Right and lead instructor in our Certificate in Manufacturing Leadership program; Steve Howell, CPA, DABFA at RBT CPAs, LLP; Johnnieanne Hansen, Vice President of Operations & Workforce Development at the Council of Industry

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Council of Industry1 week ago

Fala Technologies is hiring for a Toolmaker/Machinist!

The role is responsible for programming and running Tool Maker and other complimentary equipment. They will support the production schedule within the fabrication department to meet customer requirements.

**Competitive pay and benefits!**

For the full job description and more information on applying, click here: http://ow.ly/qh6C50GZZpm

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