Empire State Manufacturing Survey a mixed bag in June
Manufacturing conditions continue to oscillate across New York State. While the General Business Conditions Index moved back into positive territory with a nine-point increase in June, most other indicators fell including new orders, shipments, unfilled orders and delivery times. The six-month outlook also extended its gradual downward trend to three months in a row as
CASE STUDY: BATTISTONI ITALIAN SPECIALTY MEATS
Insyte Consulting works with with some of WNY’s leading manufacturers. Read about some of the exciting work we’ve done with them on our Case Studies page. Battistoni has produced dried salamis, pepperoni and other cured sausages in Buffalo since 1931. They distinguish their products by using traditional, old world recipes, high quality ingredients and sausage-making practices that
ISM Index Signals Manufacturing Contraction in May
Nationwide manufacturing activity contracted in May, according to the Institute for Supply Management’s (ISM’s) manufacturing index, from 50.7 in April to 49.0 in May. The drop surprised economist whose consensus expectation was for an uptick to 51.0. New Orders, often a harbinger of future ISM readings, also dropped 3.5 points from 52.3 to 48.8. Only
Insyte is proud to work with Reverie
Reshoring (bringing manufacturing back from China and elsewhere) has become a hot topic in manufacturing circles as this Buffalo News article on our client illustrates. The Boston Consulting Group reports that a third of US-based manufacturers with over $1 billion in sales either plan to reshore, or are considering reshoring, some production from China in
Buffalo Manufacturing Improves in April
The Buffalo Purchasing Managers’ Index (BPMI) climbed 3.8 points in April to a seasonally adjusted 54.7 indicating growth in the local manufacturing sector. The BPMI improvement contrasts with recent declines in both the national ISM Index and the statewide Empire State Manufacturing Survey. Buffalo’s New Orders remained strong at 66.7, down from a multi-year high
Congratulations to our client Boston Valley Terra Cotta!
Check out this Buffalo News Article to see how one of the most unique manufacturer’s in WNY, uses digital imaging and 3D carving tools to manufacture architectural terra cotta ornamentation and sheathing for both restorations and new builds. The famous Guaranty Building in downtown Buffalo, designed by the great American architect Louis Sullivan, was one of
INTRODUCING OUR REDESIGNED NEWSLETTER—INSIGHTS
As part of Insyte’s 30th anniversary year, we have been making a number of changes, including debuting a new website, building our social media presence, and the reveal of our new tagline (“Innovation. Growth. Profit.”) to better reflect who we are. Many of these changes and improvements are manifested in our brand-new newsletter, Insights. The
NYS Manufacturing Slips in May
The Empire State Manufacturing Survey’s General Business Conditions Index crossed into negative territory in May. NYS Manufacturers reported that business conditions contracted slightly after modest growth in February, March and April. New Orders, Unfilled Orders, Delivery Time, Inventories and Average work week were all in negative territory. Confidence fell in the six-month outlook as well,
Case Study: Cobey Inc.
Insyte Consulting works with with some of WNY’s leading manufacturers. Read about some of the exciting work we’ve done with them on our Case Studies page. Cobey Inc. is a global manufacturer of large customized modular equipment packages for lubrication, compression, and gas conditioning in the oil & gas industry and for power generation facilities. SITUATION Historically
INSIGHTS: SPRING 2013 – STI-CO INDUSTRIES CASE STUDY
Company: STI-CO Industries, Inc. specializes in the design and manufacture of covert, tactical and public safety antenna systems. The majority of STI- CO’s customers are local, state and federal government agencies within the continental U.S., Canada and Mexico. They also partner with major high-profile OEM customers. SITUATION: STI-CO’s ability to effectively service its customer base required
