suitX Launches A Novel Exoskeleton For Use By Healthcare Personnel

BERKELEY, Calif. — January 5, 2021 — suitX, a California-based leading innovator in exoskeleton technologies, announces the launch of a novel wearable exoskeleton, shieldX. For use by healthcare personnel required to wear heavy anti-radiation aprons, shieldX removes 100-percent of the weight of a heavy anti-radiation apron from the user’s shoulders and spine. shieldX aims to reduce neck and back injuries linked to these heavy aprons that are shortening careers and limiting activities outside of work.

“For years we have refined how to remove injurious forces off a person’s joints through our industrial exoskeleton products, and we are very excited to bring this effective technology to the healthcare market,” said Dr. Wayne Tung, the chief technology officer at suitX, “shieldX is a game-changer; it provides a better quality of work for physicians and healthcare personnel who are wearing heavy anti-radiation clothing.”

shieldX eliminates spinal loading by transferring the entire apron weight from the shoulders to the buttocks and hips. For long procedures, a breathable mesh lumbar support promotes healthy standing posture and prevents the device from slipping over time. shieldX incorporates adjustable height, fitting up to 6 foot 3-inch-tall users. It has a flexible hip frame that conforms to 28- to 60-inch waist. Additionally, shieldX has removable textile for hygiene. With no training needed, shieldX can be put on and taken off in less than 10 seconds. Additionally, a fan accessory cycles cool air across the user’s back, neck, and upper arms to reduce any thermal discomfort often inherent in the use of heavy personal protective aprons. shieldX utilizes patented technologies and years of customer feedback gained from the industrial exoskeletons manufactured by suitX.

Many studies have linked the heavy aprons to injuries. In an American Journal of Neuroradiology article in August 2000, Dr. Pelz states, “wearing a 15-pound lead apron can place pressures of up to 300 pounds per square inch of intravertebral discs.” The publication warns, “cardiologists who wore lead aprons had a significantly higher incidence of skeletal complaints and more days missed from work because of back pain than did individuals of the control groups.”

“We want this device to work for everyone. Our focus is on user comfort and practicality in the healthcare environment,” adds Dr. Logan Van Engelhoven, a research scientist at suitX in charge of the shieldX product, “The goal is to have a big impact in reducing the risk of long-term work-related injuries among healthcare personnel wearing heavy anti-radiation aprons.”

Posted January 5, 2020

Source: suitX

Outdoor Outfitter And Apparel Manufacturer Filson Appoints Paolo Corinaldesi As Chief Executive Officer

SEATTLE — January 5, 2021 — Filson, the outdoor outfitter and apparel manufacturer, announced today that Paolo Corinaldesi has been named as CEO. Corinaldesi’s appointment is effective immediately. Corinaldesi is the sixth CEO in the brand’s 124-year history.

Corinaldesi joins Filson as part of his role with WP Lavori, the international apparel brand licensee, distributor and retail group, which invested in Filson last year. Most recently, Corinaldesi served as a global strategist with WP Lavori, working with brands such as Blundstone, Baracuta and Barbour, among others. Prior to that, Corinaldesi was CEO of Woolrich International, where he managed the merger of the brand’s U.S. and European business, led the exploration of international partnerships and oversaw the development of the brand’s retail sales network.

“Filson’s long-standing history and reputation for reliability are testaments to our commitment to our customers,” said Alex Carleton, Filson chief creative officer. “Paolo shares those values, and with his leadership and extensive retail experience, he will drive business growth and continue to build on Filson’s legacy.”

Established in 1897 to outfit customers headed to the Klondike Gold Rush, founder C.C. Filson designed durable and reliable products for the most demanding conditions. After the Gold Rush, Filson focused on clothing for the timber industry, such as the Filson Cruiser, patented in 1914, which became the official attire of the U.S. Forest Service and continues to influence the brand’s best-selling items today. Filson’s signature materials, such as heavyweight Tin Cloth, Mackinaw Wool and Rugged Twill, offer tough and dependable clothing that has established itself as the gold standard for hunters, anglers, explorers and anyone who has a passion for the outdoors.

Over the past 124 years, Filson’s growth has been driven by its high-quality products, loyal customers, e-commerce and dynamic retail spaces. In 2021, the brand expects to continue to accelerate that growth by focusing on international expansion and new product offerings, including the recently introduced, sewn in the U.S. denim collection.

“After Woolrich, I thought that my time as an executive was over, but when the opportunity to join Filson came along, I couldn’t say ‘no,'” said Corinaldesi. “Filson has a very special history and holds a unique place in today’s market. I am excited to join this great team and continue to grow the brand through new product innovations, expanding our retail footprint and building our international presence.”

Detroit-based Bedrock Manufacturing Company is the parent company of Filson. Founder Tom Kartsotis will continue to oversee Filson and work alongside Corinaldesi and Carleton to build the business. Corinaldesi’s focus will be on operations, finance and sales while Carleton will manage brand marketing, product and merchandising. In 2020, WP Lavori made a multimillion-dollar investment, acquiring 10 percent of the company, to partner with Bedrock and support Filson’s future growth opportunities.

Posted January 5, 2020

Source: Filson

Manufacturing PMI® At 60.7 Percent; December 2020 Manufacturing ISM® Report On Business®: Apparel And Textile Mill Sectors Reported Growth

TEMPE, Ariz. — January 5, 2021 — Economic activity in the manufacturing sector grew in December, with the overall economy notching an eighth consecutive month of growth, say the nation’s supply executives in the latest Manufacturing ISM® Report On Business®.

The report was issued today by Timothy R. Fiore, CPSM, C.P.M., Chair of the Institute for Supply Management® (ISM®) Manufacturing Business Survey Committee:

“The December Manufacturing PMI® registered 60.7 percent, up 3.2 percentage points from the November reading of 57.5 percent. This figure indicates expansion in the overall economy for the eighth month in a row after contracting in March, April, and May, which ended a period of 131 consecutive months of growth. The New Orders Index registered 67.9 percent, up 2.8 percentage points from the November reading of 65.1 percent. The Production Index registered 64.8 percent, an increase of 4 percentage points compared to the November reading of 60.8 percent. The Backlog of Orders Index registered 59.1 percent, 2.2 percentage points higher compared to the November reading of 56.9 percent. The Employment Index returned to expansion territory at 51.5 percent, 3.1 percentage points higher from the November reading of 48.4 percent. The Supplier Deliveries Index registered 67.6 percent, up 5.9 percentage points from the November figure of 61.7 percent. The Inventories Index registered 51.6 percent, 0.4 percentage point higher than the November reading of 51.2 percent. The Prices Index registered 77.6 percent, up 12.2 percentage points compared to the November reading of 65.4 percent. The New Export Orders Index registered 57.5 percent, a decrease of 0.3 percentage point compared to the November reading of 57.8 percent. The Imports Index registered 54.6 percent, a 0.5-percentage point decrease from the November reading of 55.1 percent.”

Fiore continues, “The manufacturing economy continued its recovery in December. Survey Committee members reported that their companies and suppliers continue to operate in reconfigured factories, but absenteeism, short-term shutdowns to sanitize facilities and difficulties in returning and hiring workers are causing strains that are limiting manufacturing growth potential. However, panel sentiment remains optimistic (three positive comments for every cautious comment), an improvement compared to November. Demand expanded, with the (1) New Orders Index growing at a strong level, supported by the New Export Orders Index expanding, (2) Customers’ Inventories Index remaining in ‘too low’ territory and at a level considered a positive for future production, and the (3) Backlog of Orders Index achieving a 2½-year high. Consumption (measured by the Production and Employment indexes) contributed positively (a combined 7.1-percentage point increase) to the Manufacturing PMI® calculation. The Production Index hit a 10-year high, as the last reading above 64.8 percent was in January 2011 (65.3 percent), with five of the top six industries reporting moderate to strong expansion. The Employment Index moved into expansion after a single month of contraction, due to the inability to attract and retain direct labor. Inputs — expressed as supplier deliveries, inventories and imports — continued to indicate input-driven constraints to production expansion, at higher rates compared to November, as indicated by minimal gains in inventory levels and difficulties in expanding imports. Supply chains continue to struggle compared to November, contributing moderately to the Manufacturing PMI® calculation. (The Supplier Deliveries and Inventories indexes directly factor into the Manufacturing PMI®; the Imports Index does not.) The Prices Index jumped dramatically in December, to a level last reached in the summer of 2018, the peak of the last manufacturing expansion cycle.

“All six of the biggest manufacturing industries — Fabricated Metal Products; Computer & Electronic Products; Transportation Equipment; Chemical Products; Petroleum & Coal Products; and Food, Beverage & Tobacco Products — registered moderate to strong growth in December.

“Manufacturing performed well for the seventh straight month, with demand, consumption and inputs registering strong growth compared to November. Labor market difficulties at panelists’ companies and their suppliers will continue to restrict the manufacturing economy expansion until the coronavirus (COVID-19) crisis ends,” says Fiore.

Of the 18 manufacturing industries, 16 reported growth in December, in the following order: Apparel, Leather & Allied Products; Furniture & Related Products; Wood Products; Fabricated Metal Products; Machinery; Computer & Electronic Products; Transportation Equipment; Plastics & Rubber Products; Paper Products; Chemical Products; Petroleum & Coal Products; Primary Metals; Textile Mills; Electrical Equipment, Appliances & Components; Food, Beverage & Tobacco Products; and Miscellaneous Manufacturing. The two industries reporting contraction in December are: Printing & Related Support Activities; and Nonmetallic Mineral Products.

WHAT RESPONDENTS ARE SAYING

“Our company and industry are continuing to have tailwinds from the COVID-19 pandemic research support for vaccines and treatments. While our services are delayed, many customers are not cancelling outright, and business picked up for us in the last month — especially in China, where business growth is back on track.” (Computer & Electronic Products)

“Continued to survive COVID-19 shutdowns, customer restrictions and personnel issues (work from home and COVID-19 outbreaks) and managed to maintain slight growth over 2019.” (Chemical Products)

“COVID-19 outbreaks are causing supply chain issues for Tier-1 and Tier-2 suppliers. More work needs to ensure suppliers keep us in the loop with any problem in their supply chain. But end-customer demand for products is keeping production and future outlook positive.” (Transportation Equipment)

“COVID-19 is affecting us more strongly now than back in March. Vendors/service suppliers unable to maintain levels of service due to employee shortages. Logistic issues also hurting us due to coronavirus-related problems.” (Food, Beverage & Tobacco Products)

“Current business outlook is strong through the first quarter of 2021. We are anticipating 20 percent growth in sales for 2021.” (Fabricated Metal Products)

“Sales are now slightly above pre-COVID-19 sales.” (Machinery)

“Sales are now exceeding pre-COVID-19 levels, but uncertainty remains through the winter months while COVID-19 is still rampant.” (Miscellaneous Manufacturing)

“Business is stronger than expected, with higher demand for many products. Volatility continues due to the very persistent pandemic and associated risks.” (Electrical Equipment, Appliances & Components)

“Suppliers are having difficulty finding and retaining labor leading to supply constraints.” (Plastics & Rubber Products)

“Fourth-quarter production improved more than anticipated, both against the rolling forecast and compared to typical Q4 business.” (Primary Metals)

MANUFACTURING AT A GLANCE

December 2020
Index Series Index

Dec

 Series Index

Nov

 Percentage

Point

Change

 Direction Rate of Change Trend* (Months)
Manufacturing PMI® 60.7 57.5 +3.2 Growing Faster 7
New Orders 67.9 65.1 +2.8 Growing Faster 7
Production 64.8 60.8 +4.0 Growing Faster 7
Employment 51.5 48.4 +3.1 Growing From Contracting 1
Supplier Deliveries 67.6 61.7 +5.9 Slowing Faster 14
Inventories 51.6 51.2 +0.4 Growing Faster 3
Customers’ Inventories 37.9 36.3 +1.6 Too Low Slower 51
Prices 77.6 65.4 +12.2 Increasing Faster 7
Backlog of Orders 59.1 56.9 +2.2 Growing Faster 6
New Export Orders 57.5 57.8 -0.3 Growing Slower 6
Imports 54.6 55.1 -0.5 Growing Slower 6
OVERALL ECONOMY Growing Faster 8
Manufacturing Sector Growing Faster 7

Manufacturing ISM® Report On Business® data is seasonally adjusted for the New Orders, Production, Employment and Inventories indexes.

*Number of months moving in current direction.

COMMODITIES REPORTED UP/DOWN IN PRICE AND IN SHORT SUPPLY

Commodities Up in Price
Aluminum (7); Aluminum Products (3); Brass Products (2); Copper (7); Corrugate (3); Corrugate Boxes (2); Crude Oil; Electrical Components; Electronic Components; Freight (2); Isocyanates; Labor — Temporary; Linerboard; Lumber (6); Ocean Freight; Oil-Base Lubricants; Packaging Supplies; Paper Products; Personal Protective Equipment (PPE) — Gloves; Phosphates; Plastic Resins (4); Polyethylene Resins (3); Polyurethane; Polypropylene (6); Polyvinyl Chloride (3);  Solvents; Soybean Products (3); Steel (5); Steel — High Carbon; Steel — Cold Rolled (4); Steel — Hot Rolled (4); Steel Products (4); Steel — Scrap; Steel — Stainless (2); and Wood — Pallets.

Commodities Down in Price
 – None.

Commodities in Short Supply
Aluminum; Aluminum Cans; Corrugate Boxes (2); Electrical Components (3); Electronic Components; Personal Protective Equipment (PPE) — Gloves (10); PPE — Masks (2); Semiconductors; Steel; Steel — Galvanized; and Steel — Hot Rolled (2).

Note: The number of consecutive months the commodity is listed is indicated after each item.

DECEMBER 2020 MANUFACTURING INDEX SUMMARIES

Manufacturing PMI®

Manufacturing grew in December, as the Manufacturing PMI® registered 60.7 percent, 3.2 percentage points higher than the November reading of 57.5 percent. “The Manufacturing PMI® signaled a continued rebuilding of economic activity in December, with four of five contributing subindexes in strong growth territory. All six of the biggest manufacturing industries — Fabricated Metal Products; Computer & Electronic Products; Transportation Equipment; Chemical Products; Petroleum & Coal Products; and Food, Beverage & Tobacco Products — expanded. The New Orders and Production indexes continued to expand strongly. The Supplier Deliveries Index continued to reflect suppliers’ difficulties in maintaining delivery rates, due to factory labor-safety issues and transportation challenges. All 10 subindexes were positive for the period; a reading of ‘too low’ for Customers’ Inventories is considered a positive for future production,” says Fiore. A reading above 50 percent indicates that the manufacturing economy is generally expanding; below 50 percent indicates that it is generally contracting.

A Manufacturing PMI® above 42.8 percent, over a period of time, generally indicates an expansion of the overall economy. Therefore, the December Manufacturing PMI® indicates the overall economy grew in December for the eighth consecutive month following contractions in March, April, and May. “The past relationship between the Manufacturing PMI® and the overall economy indicates that the Manufacturing PMI® for December (60.7 percent) corresponds to a 5.2-percent increase in real gross domestic product (GDP) on an annualized basis,” says Fiore.

THE LAST 12 MONTHS

Month Manufacturing 
PMI® Month Manufacturing 
PMI®
Dec 2020 60.7 Jun 2020 52.6
Nov 2020 57.5 May 2020 43.1
Oct 2020 59.3 Apr 2020 41.5
Sep 2020 55.4 Mar 2020 49.1
Aug 2020 56.0 Feb 2020 50.1
Jul 2020 54.2 Jan 2020 50.9
Average for 12 months – 52.5

High – 60.7

Low – 41.5

 

New Orders

ISM®’s New Orders Index registered 67.9 percent in December, an increase of 2.8 percentage points compared to the 65.1 percent reported in November. This indicates that new orders grew for the seventh consecutive month and the sixth consecutive month above 60 percent. “All six of the largest manufacturing sectors — Petroleum & Coal Products; Computer & Electronic Products; Fabricated Metal Products; Transportation Equipment; Chemical Products; and Food, Beverage & Tobacco Products — expanded,” says Fiore. A New Orders Index above 52.5 percent, over time, is generally consistent with an increase in the Census Bureau’s series on manufacturing orders (in constant 2000 dollars).

Of the 18 manufacturing industries, the 13 that reported growth in new orders in December — in the following order — are: Apparel, Leather & Allied Products; Wood Products; Furniture & Related Products; Petroleum & Coal Products; Machinery; Computer & Electronic Products; Fabricated Metal Products; Transportation Equipment; Plastics & Rubber Products; Primary Metals; Chemical Products; Electrical Equipment, Appliances & Components; and Food, Beverage & Tobacco Products. The three industries reporting a decline in new orders in December are: Nonmetallic Mineral Products; Textile Mills; and Miscellaneous Manufacturing.

New Orders %Higher %Same %Lower Net Index
Dec 2020 40.3 45.1 14.6 +25.7 67.9
Nov 2020 35.9 50.1 14.0 +21.9 65.1
Oct 2020 40.3 49.2 10.5 +29.8 67.9
Sep 2020 35.2 45.9 18.9 +16.3 60.2

 

Production

The Production Index registered 64.8 percent in December, 4 percentage points above the November reading of 60.8 percent, indicating growth for the seventh consecutive month and the sixth straight month above 60 percent. This is the highest reading since January 2011, when the index registered 65.3 percent. “Five (Fabricated Metal Products; Computer & Electronic Products; Petroleum & Coal Products; Transportation Equipment; and Chemical Products) of the top six industries expanded moderately to strongly,” says Fiore. An index above 51.7 percent, over time, is generally consistent with an increase in the Federal Reserve Board’s Industrial Production figures.

The 13 industries reporting growth in production during the month of December — listed in order — are: Apparel, Leather & Allied Products; Printing & Related Support Activities; Wood Products; Furniture & Related Products; Fabricated Metal Products; Primary Metals; Computer & Electronic Products; Plastics & Rubber Products; Petroleum & Coal Products; Machinery; Transportation Equipment; Electrical Equipment, Appliances & Components; and Chemical Products. The two industries reporting decreased production in December are: Nonmetallic Mineral Products; and Miscellaneous Manufacturing.

Production %Higher %Same %Lower Net Index
Dec 2020 32.3 54.6 13.1 +19.2 64.8
Nov 2020 33.7 52.0 14.3 +19.4 60.8
Oct 2020 37.4 51.0 11.7 +25.7 63.0
Sep 2020 34.3 50.9 14.8 +19.5 61.0

 

Employment

ISM®’s Employment Index registered 51.5 percent in December, 3.1 percentage points higher than the November reading of 48.4 percent. “Following one month of contraction, the Employment Index moved back into expansion territory. The December figure is 24 percentage points above the index’s low of 27.5 percent registered in April. Only three (Fabricated Metal Products; Computer & Electronic Products; and Chemical Products) of the six big industry sectors expanded. Continued strong new-order levels and an expanding backlog indicate potential employment strength for the first quarter of 2021. For the fourth straight month, survey panelists’ comments indicate that significantly more companies are hiring or attempting to hire than those reducing labor forces,” says Fiore. An Employment Index above 50.8 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) data on manufacturing employment.

Of the 18 manufacturing industries, the eight industries to report employment growth in December — in the following order — are: Apparel, Leather & Allied Products; Furniture & Related Products; Primary Metals; Miscellaneous Manufacturing; Fabricated Metal Products; Computer & Electronic Products; Chemical Products; and Machinery. The five industries reporting a decrease in employment in December are: Printing & Related Support Activities; Petroleum & Coal Products; Food, Beverage & Tobacco Products; Plastics & Rubber Products; and Electrical Equipment, Appliances & Components.

Employment %Higher %Same %Lower Net Index
Dec 2020 14.9 68.8 16.3 -1.4 51.5
Nov 2020 14.8 66.4 18.9 -4.1 48.4
Oct 2020 23.1 59.3 17.7 +5.4 53.2
Sep 2020 19.4 58.9 21.7 -2.3 49.6

 

Supplier Deliveries†


The delivery performance of suppliers to manufacturing organizations was slower in December, as the Supplier Deliveries Index registered 67.6 percent. This is 5.9 percentage points higher than the 61.7 percent reported in November. “Suppliers continue to struggle to deliver, with deliveries slowing at a faster rate compared to November. Transportation challenges and challenges in supplier-labor markets are still constraining production growth — and to a greater extent compared to the previous month. The Supplier Deliveries Index reflects the difficulties suppliers continue to experience due to COVID-19 impacts. Supplier labor and transportation constraints are not expected to diminish in the near-to-moderate term due to COVID-19,” says Fiore. A reading below 50 percent indicates faster deliveries, while a reading above 50 percent indicates slower deliveries.

Sixteen industries reported slower supplier deliveries in December, listed in the following order: Fabricated Metal Products; Paper Products; Plastics & Rubber Products; Printing & Related Support Activities; Furniture & Related Products; Textile Mills; Electrical Equipment, Appliances & Components; Machinery; Food, Beverage & Tobacco Products; Miscellaneous Manufacturing; Chemical Products; Transportation Equipment; Wood Products; Computer & Electronic Products; Nonmetallic Mineral Products; and Primary Metals. No industries reported faster supplier deliveries in December.

Supplier Deliveries %Slower %Same %Faster Net Index
Dec 2020 39.5 56.3 4.2 +35.3 67.6
Nov 2020 27.5 68.4 4.1 +23.4 61.7
Oct 2020 24.7 71.5 3.8 +20.9 60.5
Sep 2020 24.0 70.0 6.1 +17.9 59.0

 

Inventories

The Inventories Index registered 51.6 percent in December, 0.4 percentage point higher than the 51.2 percent reported for November. Inventories grew for a third consecutive month after three months of contraction. “Inventory growth stability in light of ongoing supplier constraints indicates that supply chains are meeting near-term production demand, in spite of transportation and COVID-19 headwinds,” says Fiore. An Inventories Index greater than 44.3 percent, over time, is generally consistent with expansion in the Bureau of Economic Analysis (BEA) figures on overall manufacturing inventories (in chained 2000 dollars).

The eight industries reporting higher inventories in December — listed in order — are: Apparel, Leather & Allied Products; Wood Products; Textile Mills; Paper Products; Machinery; Chemical Products; Fabricated Metal Products; and Transportation Equipment. The seven industries reporting a decrease in inventories in December — listed in order — are: Printing & Related Support Activities; Primary Metals; Furniture & Related Products; Plastics & Rubber Products; Electrical Equipment, Appliances & Components; Computer & Electronic Products; and Food, Beverage & Tobacco Products.

Inventories %Higher %Same %Lower Net Index
Dec 2020 22.1 53.5 24.4 -2.3 51.6
Nov 2020 18.1 62.4 19.4 -1.3 51.2
Oct 2020 21.3 59.9 18.8 +2.5 51.9
Sep 2020 16.9 61.6 21.5 -4.6 47.1

 

Customers’ Inventories†

ISM®’s Customers’ Inventories Index registered 37.9 percent in December, 1.6 percentage points higher than the 36.3 percent reported for November, indicating that customers’ inventory levels were considered too low. “Customers’ inventories are too low for the 51st consecutive month, a positive for future production growth. For five months in a row, the index has been at its lowest levels in more than a decade (a reading of 35.8 percent in June 2010). However, the drop into ‘too low’ territory slowed in December,” says Fiore.

Of the 18 industries, the only one reporting higher customers’ inventories in December is Printing & Related Support Activities. The 14 industries reporting customers’ inventories as too low during December — listed in order — are: Wood Products; Primary Metals; Textile Mills; Plastics & Rubber Products; Furniture & Related Products; Fabricated Metal Products; Machinery; Electrical Equipment, Appliances & Components; Transportation Equipment; Nonmetallic Mineral Products; Computer & Electronic Products; Chemical Products; Miscellaneous Manufacturing; and Food, Beverage & Tobacco Products.

Customers’ Inventories % Reporting %Too High %About Right %Too Low Net Index
Dec 2020 75 7.2 61.4 31.4 -24.2 37.9
Nov 2020 78 6.7 59.3 34.0 -27.3 36.3
Oct 2020 77 6.8 59.7 33.5 -26.7 36.7
Sep 2020 76 10.2 55.4 34.5 -24.3 37.9

 

Prices†

The ISM® Prices Index registered 77.6 percent, an increase of 12.2 percentage points compared to the November reading of 65.4 percent, indicating raw materials prices increased for the seventh consecutive month. The index achieved its highest reading since May 2018, when it registered 79.5 points. “Aluminum, copper, steel, petroleum-based products including plastics, transportation costs, electronic components, corrugate, temporary labor, wood and lumber products all continued to record price increases,” says Fiore. A Prices Index above 52.5 percent, over time, is generally consistent with an increase in the Bureau of Labor Statistics (BLS) Producer Price Index for Intermediate Materials.

All 18 industries reported paying increased prices for raw materials in December, in the following order: Apparel, Leather & Allied Products; Petroleum & Coal Products; Wood Products; Paper Products; Fabricated Metal Products; Furniture & Related Products; Plastics & Rubber Products; Nonmetallic Mineral Products; Primary Metals; Machinery; Printing & Related Support Activities; Miscellaneous Manufacturing; Chemical Products; Transportation Equipment; Food, Beverage & Tobacco Products; Electrical Equipment, Appliances & Components; Computer & Electronic Products; and Textile Mills.

Prices %Higher %Same %Lower Net Index
Dec 2020 57.8 39.7 2.6 +55.2 77.6
Nov 2020 36.7 57.3 6.0 +30.7 65.4
Oct 2020 35.4 60.1 4.5 +30.9 65.5
Sep 2020 32.3 60.9 6.8 +25.5 62.8

 

Backlog of Orders†

ISM®’s Backlog of Orders Index registered 59.1 percent in December, a 2.2-percentage point increase compared to the 56.9 percent reported in November, indicating order backlogs expanded for the sixth consecutive month. “Backlogs expanded at faster rates in December, indicating that new-order intakes more than fully offset production outputs. Four (Fabricated Metal Products; Transportation Equipment; Chemical Products; and Computer & Electronic Products) of the six big industry sectors’ backlogs expanded with significant strength. Backlogs achieved their highest expansion levels since June 2018, when the index registered 60.1 percent,” says Fiore.

The 12 industries reporting growth in order backlogs in December, in the following order, are: Apparel, Leather & Allied Products; Printing & Related Support Activities; Wood Products; Primary Metals; Fabricated Metal Products; Electrical Equipment, Appliances & Components; Machinery; Furniture & Related Products; Transportation Equipment; Chemical Products; Computer & Electronic Products; and Plastics & Rubber Products. In December, three industries reported lower backlogs: Paper Products; Food, Beverage & Tobacco Products; and Miscellaneous Manufacturing.

Backlog of Orders % Reporting %Higher %Same %Lower Net Index
Dec 2020 90 31.4 55.4 13.2 +18.2 59.1
Nov 2020 89 28.9 56.1 15.0 +13.9 56.9
Oct 2020 91 27.1 57.2 15.7 +11.4 55.7
Sep 2020 87 26.1 58.3 15.7 +10.4 55.2

 

New Export Orders†


ISM®’s New Export Orders Index registered 57.5 percent in December, a decrease of 0.3 percentage point compared to the November reading of 57.8 percent. “The New Export Orders Index grew for the sixth consecutive month, but at a slightly slower rate. Five (Fabricated Metal Products; Chemical Products; Computer and Electronic Products; Food, Beverage & Tobacco Products; and Transportation Equipment) of the six big industry sectors expanded with strength. New export orders were again a positive factor to the growth in new-order levels,” says Fiore.

The nine industries reporting growth in new export orders in December — in the following order — are: Wood Products; Electrical Equipment, Appliances & Components; Machinery; Fabricated Metal Products; Chemical Products; Computer & Electronic Products; Food, Beverage & Tobacco Products; Primary Metals; and Transportation Equipment. Two industries reported a decrease in new export orders: Plastics & Rubber Products; and Paper Products. Six industries reported no change in exports in December.

New Export Orders % Reporting %Higher %Same %Lower Net Index
Dec 2020 72 20.1 74.8 5.1 +15.0 57.5
Nov 2020 73 22.3 70.9 6.8 +15.5 57.8
Oct 2020 76 18.5 74.5 7.0 +11.5 55.7
Sep 2020 72 19.7 69.2 11.1 +8.6 54.3

 

Imports†


ISM®’s Imports Index registered 54.6 percent in December, a decline of 0.5 percentage point compared to the 55.1 percent reported for November. “Imports expanded for the sixth consecutive month, at a slightly slower rate, reflecting continued increases in U.S. factory demand. Panelists continued to note record breaking backlogs in ports of entry, as well as difficulty in arranging drayage and operating within the domestic transportation market,” says Fiore.

The 12 industries reporting growth in imports in December — in the following order — are: Wood Products; Printing & Related Support Activities; Paper Products; Transportation Equipment; Electrical Equipment, Appliances & Components; Machinery; Primary Metals; Miscellaneous Manufacturing; Plastics & Rubber Products; Computer & Electronic Products; Chemical Products; and Food, Beverage & Tobacco Products. Four industries reported a decrease in imports in December: Textile Mills; Furniture & Related Products; Nonmetallic Mineral Products; and Fabricated Metal Products.

Imports % Reporting %Higher %Same %Lower Net Index
Dec 2020 85 19.2 70.8 10.0 +9.2 54.6
Nov 2020 85 17.1 76.0 6.9 +10.2 55.1
Oct 2020 87 20.7 74.8 4.5 +16.2 58.1
Sep 2020 86 17.1 73.9 9.0 +8.1 54.0

 

†The Supplier Deliveries, Customers’ Inventories, Prices, Backlog of Orders, New Export Orders and Imports indexes do not meet the accepted criteria for seasonal adjustments.

Buying Policy

Average commitment lead time for Capital Expenditures decreased in December by eight days to 132 days. Average lead time for Production Materials increased in December by two days to 69 days. Average lead time for Maintenance, Repair and Operating (MRO) Supplies decreased in December by three days to 37 days.

Percent Reporting
Capital Expenditures Hand-to-
Mouth 30 Days 60 Days 90 Days 6 Months 1 Year+ Average 
Days
Dec 2020 24 5 10 17 28 16 132
Nov 2020 22 6 10 16 27 19 140
Oct 2020 23 5 8 17 29 18 140
Sep 2020 25 6 9 15 27 18 135
Percent Reporting
Production Materials Hand-to-
Mouth 30 Days 60 Days 90 Days 6 Months 1 Year+ Average 
Days
Dec 2020 9 33 27 21 7 3 69
Nov 2020 10 35 24 22 6 3 67
Oct 2020 10 38 25 19 6 2 62
Sep 2020 10 36 27 18 7 2 64
Percent Reporting
MRO Supplies Hand-to-
Mouth 30 Days 60 Days 90 Days 6 Months 1 Year+ Average 
Days
Dec 2020 32 37 17 12 2 0 37
Nov 2020 34 36 16 10 3 1 40
Oct 2020 34 39 17 8 2 0 34
Sep 2020 35 39 15 8 3 0 35

 

Posted January 5, 2020

Source: Institute for Supply Management® (ISM®)

Ascend Purchases Eurostar Engineering Plastics: Expands Flame-Retardant Portfolio And European Footprint

HOUSTON — January 5, 2021 — Ascend Performance Materials has purchased Eurostar Engineering Plastics, a France-based compounder with a broad portfolio of flame-retardant engineered plastics and expertise in halogen-free formulations.

“Eurostar’s experience in compounded polyamides fits well within our own portfolio and manufacturing capabilities,” said John Saunders, Ascend’s vice president for Europe. “Their Starflam® materials are enabling the transitions to clean energy and transportation, and smarter devices.”

Last year, Ascend acquired the Italian firms Poliblend and Esseti Plast, as well as a compounding facility in China.

“We are following through on our strategy of becoming a more global, diversified and reliable supplier to our customers,” said Phil McDivitt, Ascend’s president and CEO. “While the past 10 months have been challenging, we have remained focused on providing our customers with the solutions and support they need to continue growing.”

Ascend, a fully integrated producer of polyamide 6,6 resin, gains a full portfolio of UL yellow card certified flame-retardant, as well as water contact and thermally conductive, engineered plastics with the purchase. The company has said these materials will play an integral role in e-mobility, as well as in smart appliances, industrial automation and consumer electronics.

“Combining our portfolio and application development expertise with Eurostar’s portfolio immediately provides our customers with a bigger toolchest to produce safer, more reliable parts at higher and more constant voltage loads,” said Steve Manning, Ascend’s senior director for engineered plastics. “Across sectors we are seeing increased demand for higher performance materials and Eurostar’s portfolio already meets not only today’s technical specifications, but also many of tomorrow’s.”

Neither company disclosed the cost of the purchase.

Posted January 5, 2020

Source: Ascend Performance Materials

Shaw Industries’ Troy Virgo Recognized By The International Well Building Institute For Exceptional Leadership

DALTON, Ga. — January 5, 2021 — Troy Virgo, director of sustainability at Shaw Industries, has been selected by the International WELL Building Institute® (IWBI® ) to receive a 2020 IWBI community award recognizing outstanding members of the WELL AP and WELL Faculty community. Virgo joins a group of honorees from around the globe who are leading the charge to revolutionize the way we think about our buildings, communities and organizations, and the impact they have on our health and quality of life.

Virgo has served as a member of IWBI’s Materials Concept Advisory team since 2018, an advisory created to explore, better understand and, ultimately, more accurately quantify the impact of materials in the built environment.

“At IWBI, our movement is powered by those who are committed to better design, better policies and better spaces for people,” said IWBI president and CEO Rachel Hodgdon. “Through continuous advocacy, engagement and initiative, these award recipients have played an influential role in the progress we make each day.”

Over the years, WELL Faculty and WELL APs have worked hand in hand with companies and clients who have chosen to adopt IWBI’s WELL Building Standard or WELL Health-Safety Rating programs, now spanning over 1.5 billion square feet across 65 countries. The 2020 award winners have played an instrumental role in WELL’s progress through impactful engagement, feedback and support.

“WELL has brought tremendous attention to the impact buildings and spaces have on people,” noted Virgo. “I’m inspired by IWBI’s efforts, and honored to be recognized by an organization that shares Shaw’s vision to put people at the heart of sustainability — what we call sustain[HUMAN]ability.”

Posted January 5, 2020

Source: Shaw Industries Group Inc.

Liza Koshy Debuts First-Ever Activewear Collection With Fabletics

LOS ANGELES — January 4, 2021 — Fabletics kicked off 2021 with the announcement of a brand-new collaboration with actor, producer, and entertainer Liza Koshy. The all-new Liza Koshy for Fabletics capsule is designed to reshape your expectations of activewear — so you can take on the new year in pieces that allow you to be versatile, stylish, and spontaneous. “After this last year, I know we all share a mutual goal of not going back, but rather moving forward with comfort and confidence,” Liza said. “Thankfully, dressing for comfort became our new norm, and that’s exactly what we created for.” Her collection launches with a cinematic dance commercial, featuring Liza filming her complex choreography in reverse to underscore the theme of “No Going Back.”

“I’m a big fan of how Fabletics empowers women to feel confident about themselves and their bodies,” Liza says. “We designed our line with that spirit in mind — because you deserve to feel as powerful as you are and always will be.” Personally named by Liza after influential figures in her life, each outfit thoughtfully fuses a streetwear-inspired aesthetic with Fabletics’ signature, feel-great fabrics. Driven by a desire to celebrate each individual’s unique style, the capsule emphasizes customization with must-haves like a convertible jacket, reversible sports bra, and adjustable pants. “Everybody deserves to feel empowered in our custom-created designs,” says Liza. “This collection encourages your dynamic self-expression anywhere. So pop off, everyone. It’s made to fit you, not to fit in.”

Her highly versatile neutral palette is energized by bright neon trim, hints of reflectivity, color-blocked details, and striking prints and textures — such as marble and tie-dye. The leggings showcase several best-selling Fabletics fabrics — including PowerHold®, SculptKnit®, and Seamless — with a supremely comfortable compression level for every activity, styled with sports bras in a range of impact levels and necklines. To take you beyond the gym, the capsule includes sweatpants, joggers, and outerwear essentials, engineered with details like pockets, zips, and packable hoods.

“Since I move, dance, and vibe on the daily, I wanted a collection that works with my spur-of-the-moment lifestyle,” says Liza. “I created all the styles I’ve been missing from my own closet, but definitely belong in anyone’s drawers. It’s made for everyone to rock, so let’s rock this new year together.”

The limited-edition Liza Koshy for Fabletics collection will be available starting January 1, 2021 on fabletics.com and in Fabletics retail locations across the US. The assortment consists of outfits ranging in sizes from XXS-4X, with VIP prices starting at $34.95.

Posted January 4, 2020

Source: Fabletics

Hohenstein Marks The Company’s 75th Anniversary

BÖNNIGHEIM, Germany — January 4, 2021 — Textile testing and research partner Hohenstein has reason to celebrate: this year marks the company’s 75th anniversary. Now in its third generation of family ownership, the company will spend this landmark year expanding its foundation for the future.

Owner Prof. Dr. Stefan Mecheels is proud. “Our motto, we live textiles, expresses exactly what has made us special for many decades — our collective enthusiasm for textiles and the opportunity to provide solutions that make a difference in the world,” he said.

Successful Roots

Prof. Dr.-Ing. Otto Mecheels laid the foundation for an internationally renowned company in 1946 when he founded the Hohenstein Institutes, a textile school in Hohenstein Castle. His son, Prof. Dr. rer. nat. Jürgen Mecheels modernized the Hohenstein Group’s business structures and expanded into new research and service areas such as textile finishing and chemical laundering. He helped to forever change textile safety with the STANDARD 100 by OEKO-TEX® certification system that protects consumers from harmful substances. Under Prof. Dr. Stefan Mecheels’ leadership since 1995, Hohenstein has been at the forefront of microfiber analysis, created and updated standards for comfort and compression testing and worked to reduce the industry’s ecological impact. Hohenstein expanded its international orientation by adding laboratories in Hong Kong (2011) and Bangladesh and India (2018) to its global network, ensuring even greater market proximity.

Solutions for the Global Textile Industry

Today, Hohenstein specializes in the testing, certification and research of all kinds of textile-related products. With more than 1,000 employees at its headquarters in Boennigheim and in more than 40 branches, contact offices and laboratories worldwide, the company faces the current challenges of the global industry.

“Textile sustainability remains a major focus for us and is woven through every decision we make,” Stefan Mecheels explained. “Even services that are seemingly focused on innovation contribute somehow to longer lasting products, less waste and more safety. Our Digital Fitting Lab helps brands leap forward with digitized apparel development. Using modern 3D and 4D technologies and our traditional fit and pattern expertise, we help our clients design better fitting clothes with fewer prototypes and less waste.”

When SARS-CoV-2 struck, the company developed a quality label to easily identify non-medical, community masks that meet legal and functional requirements. The Hohenstein Quality Labels are independent proof with a high level of credibility among buyers and consumers.

Celebration

Among the celebrations, Hohenstein plans to hold a mid-year press conference with regional and industry journalists. “We are celebrating this anniversary because we have succeeded in constantly adapting to the market and use our applied research to anticipate developments. For this I would first like to thank our employees, who, in keeping with the motto We live textiles, put their hearts and souls into their work. A very special thanks also goes to our customers, some of whom have been placing their trust in us for decades,” said Mecheels, adding, “I am convinced that we are positioned to continue our contribution in the future.

Posted January 4, 2020

Source: Hohenstein

MMI Textiles Announces Strategic Expansion Of Its Leadership Team With One New Executive Hire And Four Promotions

WESTLAKE, Ohio — January 4, 2021 — MMI Textiles Inc. — a global diversified supplier of industrial and custom fabrics and textile components with military, tactical, medical, commercial and apparel expertise — has announced one new executive hire, Kathleen Stevens as CFO, as well as four promotions, including Debbie Grant to chief of staff, Nick Rivera to COO, Geoffrey Senko to director of Business Development and Joshua Slack to Supply Chain manager.

MMI Textiles is at the forefront of customer service and innovation in the textile supply industry, and these new executive moves will help support the company through its next phase of growth as a leading global supplier of advanced materials.

“These executive moves — the new hire and the promotions — are a strategic part of our vision and growth plan,” said Amy Bircher Bruyn, Founder and CEO of MMI Textiles. “We are ending 2020 with a record year in sales, and are reinvesting back into our industry with people, product development and new facilities. On the heels of adding manufacturing in North Carolina during the 4th quarter of 2020, we are finalizing plans for further growth and expansion in 2021 to increase our distribution needs and meet that evolving needs of the marketplace.”

Prior to joining MMI Textiles as CFO, Stevens served as the CFO of Standby Screw Machine Products, as well as the CFO of Ohio Association of Polygraph Examiners. She brings more than 35 years of financial, treasury and accounting experience to the position, and an exemplary record for building teams and growing multi-million dollar global companies. Stevens is a graduate of Baldwin-Wallace University.

Rivera, MMI Textiles’ longest tenured employee, brings nearly 15 years of experience in customer service, production and operations to his new position as COO. Under Rivera’s guidance as Director of Operations since 2014, MMI has experienced consistent, double digit growth and expansion across multiple markets. In his new role as COO, he will continue to be responsible for contributing to the company’s growth and expansion through oversight of day-to-day administrative and operational functions of the company. Rivera is a graduate of Cleveland State University.

Grant, as chief of staff (CoS), will build on her 11-year tenure with MMI Textiles, where she oversees marketing, customer service, human resources, office systems/IT, professional certifications, and works on strategic projects. She brings more than 30 years of corporate experience to the position, including roles with JCPenney, American Greetings and Cole Managed Vision. She will report directly to the CEO and will focus on helping set policies and making time, information and decision processes more efficient and effective. Grant is a graduate of The Ohio State University.

Senko has been with MMI for more than 10 years as a Sales Representative and successive positions as Regional Sales Manager and National Accounts Manager. In his new position as Director of Business Development, Senko will develop and implement plans designed to build customer relationships and capture new opportunities on a global scale. Senko is a soon to be graduate of Cleveland State University.

As the new Supply Chain Manager, Slack will build on his five years’ experience with MMI in customer service and production. In his new position, he will oversee and manage the company’s logistics strategy and operations with a focus on process efficiency and productivity. He will also be responsible for continuing to develop and maintain vendor and distributor relationships. Slack is a graduate of Lorain County Community College.

Posted January 4, 2020

Source: MMI Textiles

Industry Veteran Ben Talbert Launches Search Firm To Service Textile, Industrial Sector

Ben Talbert

GREENVILLE, S.C. — January 1, 2021 — Ben Talbert, with more than 17 years of experience both working in and recruiting for the industrial sectors, including the textile industry, announced that his industrial recruiting firm, Better Than Found (BTF), will launch on January 1, 2021.

Specializing in professional and executive recruitment across manufacturing, engineering and construction, Better Than Found was formed on the mission to leave companies, careers and lives better than we found them. Based in Greenville, BTF does nationwide recruitment for companies in the Upstate of South Carolina and throughout the Southeast.

Better Than Found is a full-service industrial consultant and talent resource, capable of sourcing vital and specialized professionals and executives. With diverse industry knowledge and experience, its team has served clients, in textiles, HVAC/R, consumer products, OEM industrial equipment and aftermarket parts supply, capital equipment design/engineering/automation/integration, plastics and packaging, automotive, aerospace, power generation, warehousing/distribution/logistics, chemicals and food and beverage.

Better Than Found partners with companies that are committed to excellence within their niche in the market. Its team uses a consultative approach to thoroughly understand a company’s unique hiring needs, adapting its service to attract talent to fit those needs, bringing a focus that precisely matches not only candidates’ skill sets, but attitudes, values and motivations.

Better Than Found also provides highly qualified candidates access to today’s leading companies through a relationship-based approach, finding the best possible environments for their skills, aspirations and careers to flourish.

This confidential and strategic process ensures that all aspects of a potential career move will be in the best interest of everyone involved, leaving companies, careers and lives better.

With 10 years of direct industry experience along with seven years of recruiting across industrial sectors, Talbert set out to establish a search firm that measures success based on the number of lives impacted rather than the number of placements made.

Talbert, who holds a Textile Engineering degree from the Wilson College of Textiles at NC State, spent the first eight years of his career at Milliken, followed by two years at O’Neal Inc.

He has served on the board of directors for the Upstate Chapter of the Institute of Industrial & Systems Engineers for over six years. He sits on the board of directors for 3GEN Ministries, a local nonprofit ministry. He is an active member and leader at Grace Church in Greenville, S.C., as well as a workout leader and recruitment/expansion participant with F3 Nation (Fitness, Fellowship and Faith). He also is a member of the Southern Textile Association (STA).

Talbert comes from a family with deep roots in the textile industry in South Carolina. It’s that heritage and his experience working with and placing professionals in the industry that has shown him the importance of relationship building, he said. He said that establishing those relationships in order to place an individual in the appropriate role provides much personal fulfillment.

“It’s extremely satisfying to bring in a candidate, hear their career goals and line them up with the right company,” he said. “Better Than Found is more than just a name — it’s our mission.”

Posted December 31, 2020

Source: Better Than Found

JCPenney Charts A Fresh Course And Initiates A Search For A New CEO

PLANO, Texas — December 30, 2020 — JCPenney’s new ownership group — consisting of Simon Property Group and Brookfield Asset Management, along with strategic partner Authentic Brands Group — have launched a search for a CEO to replace Jill Soltau, who will be exiting the company effective December 31, 2020. The search will seek to identify a leader that is focused on modern retail, the consumer experience, and the goal of creating a sustainable and enduring JCPenney.

With a successful track record of turning around retailers and brands and restoring them to profitability, JCPenney’s new ownership group will establish a temporary office of the CEO to include key members of JCPenney’s current leadership team. Stanley Shashoua, Simon Property Group’s Chief Investment Officer, will be appointed interim CEO effective January 1, 2021.

Posted December 31, 2020

Source: JCPenney

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