Coronavirus/Covid-19 Information & Updates for Manufacturers

State Manufacturing Lukewarm

The NY Federal Reserve’s Empire State Manufacturing Survey signaled little change in NYS manufacturing activity from last month when it registered 3.5, a decrease of -1.4 points from December (a reading above 0.0 indicates growth).  Most constituent measures posted similar numbers, including New Orders and Shipments.  Only Prices Paid at 45.5, up +8.4, showed strong

Last week to register: Trade Adjustment Assistance Funding Webinar – Jan.14

Has your business been impacted by foreign competition? Learn about the Trade Adjustment Assistance Center (TAAC), a non-profit, regional center that provides federal funding assistance exclusively to manufacturing and service companies. When & Where: Thursday, January 14th 10:00 am – 11:30 am Virtual Meeting Link will be emailed to registrants prior to workshop Cost: No

U.S. Manufacturing Ends 2020 on a High

The Institute for Supply Management’s closely watched manufacturing PMI Index unexpectedly increased +3.2 points in December to 60.7, its highest level in over two years, beating the consensus forecast of 56.6 despite continued COVID headwinds (a reading above 50 indicates expansion).  According to ISM, “companies and suppliers continue to operate in reconfigured factories, but absenteeism,

Webinar: Trade Adjustment Assistance Program – Jan. 14th

Has your business been impacted by foreign competition? Learn about the Trade Adjustment Assistance Center (TAAC), a non-profit, regional center that provides federal funding assistance exclusively to manufacturing and service companies. When & Where: Thursday, January 14th 10:00 am – 11:30 am Virtual Meeting Link will be emailed to registrants prior to workshop Cost: No

State Manufacturing Tepid

NYS manufacturing showed minimal month-over-month growth according to the NY Federal Reserve’s December Empire State Manufacturing Survey released today.  The General Business Conditions Index edged down to 4.9 from 6.3 last month (a reading above 0.0 is consistent with expansion).  However, State manufacturers remained optimistic about their business outlook six months from now as the

GTI Featured in Buffalo News

Congratulations to our friends & clients at GTI Fabrication on a great article on the front page of yesterday’s Buffalo News Sunday Business section!  A special thanks to our own Phil Celotto and Ryan Case who worked with GTI behind the scenes to help them grow the business. See the full article here: Insyte GTI Bflo

The Passing of an Aviation Giant and his link to Western New York

This past Monday, December 7, 2020 aviation legend and WWII ace Chuck Yeager passed away at the age of 97.  As an air force test pilot, Yeager was the first person to fly faster than the speed of sound.  On October 14, 1947 Yeager piloted the rocket-powered, orange-painted Bell X-1, nicknamed “Glamorous Glennis” for Yeager’s

Buffalo’s Metal Locking Services a “Manufacturing Marvel”

Congratulations to Insyte client Metal Locking Services for being featured in this “Manufacturing Marvels” video.

Virtual Workshop: A Primer on Entering the Medical Manufacturing Market – Dec. 10th

The pandemic has exposed a need for expanded medical manufacturing in the United States. Medical manufacturing tends to be more recession-proof than other industries. This workshop will introduce you to this market. When & Where: Thursday, December 10th 11:00 am – 12:00 pm Virtual Meeting Link will be emailed to registrants prior to workshop Cost: No

American Manufacturing Recovery Continues

The Institute for Supply Management’s closely watched PMI Index published today indicated continued expansion in U.S. manufacturing.  The PMI registered 57.5, down -1.8 from last month, but still the second-highest level in two years (a reading over 50 indicates growth).  According to ISM, “manufacturing performed well for the sixth straight month, with demand, consumption and