December 1, 2006

The Timken Company, Canton, OH, has acquired Turbo Engines Inc., Tuscon, AZ, provider of aircraft engine overhaul and repair services.  “The addition of Turbo Engines represents a significant expansion in our ability to deliver enhanced value to the aerospace aftermarket through fully integrating a total service offering of critical products and services,” said J. Ron […]

Manufacturing activity declined to its lowest level in 42 months in November after 41 consecutive months of growth, say the nation’s supply executives in the latest Manufacturing ISM Report On Business. The economy overall grew for the 61st consecutive month.In November, the Purchasing Managers Index fell to 49.5%. The last time the PMI registered below

Construction spending during October 2006 was estimated at a seasonally adjusted annual rate of $1,178.4 billion, 1.0 percent below the revised September estimate of $1,190.0 billion. The October figure is 0.5 percent above the October 2005 estimate of $1,172.6 billion. During the first 10 months of this year, construction spending amounted to $1,008.4 billion, 5.9 percent

Material handling manufacturer Bushman Equipment has announced the acquisition of Avon Engineering of Waterdown, Ontario, Canada. Ralph Deger, president of Bushman Equipment, cited the complimentary nature of the two companies. ‘While Bushman and Avon have competing lines of overhead crane related material handling equipment, they rarely compete due to each company’s geographic focus. Avon has a