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Manufacturing News

SA's July PMI falls, lacks global trading partners' performance

By: Chanel de Bruyn     3rd August 2009 The Kagiso Purchasing Managers Index (PMI) in July dropped back to its May level of 37,3 index points, a “disappointing” performance in comparison with the global PMI, Kagiso Securities said on Monday. The PMI, which is a key measure of manufacturing activity, in May, registered its first climb... 

Altech, Ellies sign set-top-box distribution deal as SA migrates to digital TV 

By: Creamer Media Reporter      22nd July 2009 Allied Technologies Limited (Altech), through its subsidiary, Altech UEC announced that it has partnered with AltX-listed Ellies Holdings to provide a full service offering for digital migration in Southern Africa. Digital migration has taken place in the US, Australia and Europe, and the South... 

Govt fails to rescue loss-making textile company Frame  

By: Creamer Media Reporter      20th July 2009 The Department of Trade and Industry (DTI) on Monday “expressed its disappointment” at not being able to facilitate an arrangement to save the strategic capacity and 1 400 jobs at Seardel’s Frame Textile vertical pipeline division. Seardel had reported in April that it would close down the Frame... 

SA company invests in high-tech steel-profiling machine

By: Leandi Kolver     17th July 2009 Specialist dished-head manufacturing company Tank Ends Engineering has unveiled a three-dimensional computer numerically controlled CNC Profiler - one of only three profilers in the world.  

SA's project pipeline needs urgent replenishment, Manuel asserts 

By: Terence Creamer     14th July 2009 The South African government, which had placed infrastructure expenditure at the heart of its response to the global economic crisis, warned on Tuesday that the country was at risk of running into a "a procyclical trough" within the next year unless new projects were identified to replenish the... 

World Cup stadium lighting innovation could find export niche 

By: Terence Creamer     10th July 2009 A lighting innovation developed jointly by global lighting products manufacturer Osram and Southern African public-lighting specialist Beka to illuminate the iconic arch at the Moses Mabhida stadium, which is under construction in Durban ahead of the 2010 FIFA World Cup, could emerge as a new... 

Manufacturing output continues to decline, but economists see signs of turnaround

By: Chanel de Bruyn     9th July 2009 The manufacturing sector seems to have reached a turning point with some positive signs of a potential turnaround, although a recovery in growth was not expected to occur soon, economists agreed. Data by Statistics South Africa (Stats SA) on Thursday showed a 17,1% year-on-year decline in... 

New Siemens SA CEO still expecting growth in 2009, despite recession

By: Terence Creamer     9th July 2009 Electronics and electrical engineering group Siemens was continuing to budget for growth in orders and sales in South Africa and Southern Africa during 2009, despite the descent of Africa's biggest economy into its first recession in 17 years. The Southern African business received orders worth... 

Boart Longyear sells SA manufacturing operations

By: Creamer Media Reporter      2nd July 2009 Drilling products and services provider Boart Longyear has sold some of its sub-Saharan African operations to South African empowered investment company Tranter Energy & Mining. This included its percussive rock drills and hard rock tools product lines for sub-Saharan Africa and all its... 

IDC has already spent R800m to aid distressed firms, confirms R6,1bn bail-out budget

By: Terence Creamer     2nd July 2009 The Industrial Development Corporation (IDC) confirmed on Wednesday that it had already spent more than R800-million to assist "distressed" companies affected by the domestic economic slowdown, and confirmed that it had set aside a total of R6,1-billion for the next two years to assist others... 

Worst of factory recession may be over, but positive growth not on the cards soon

By: Chanel de Bruyn     1st July 2009 The Kagiso Purchasing Managers Index (PMI) rose for a second consecutive month to 37,9 points on a seasonally adjusted basis in June, compared with 37,3 points in May. The index, which was a key measure of manufacturing activity, had, in May, shown its first increase since January with sponsors... 

Manufacturing still in dire straights, but worst could be over - BER

By: Creamer Media Reporter      18th June 2009 South Africa’s manufacturing sector remained in “dire straights” during the second quarter, the Bureau for Economic Research (BER) on Thursday, but noted that the worst of the contraction could be over. The BER said that manufacturing business confidence had dropped in the quarter, as nine of... 

SA manufacturing output likely to shrink by 11,7%, says analyst  

By: Chanel de Bruyn     7th April 2009 The ability of South Africa’s manufacturing industry to become more competitive would be key for its output levels to return to the levels it had achieved between 2004 to 2007, an analyst said on Tuesday. Efficient Group economist Doret Els said she expected the manufacturing industry’s... 

Manufacturing business confidence plummets

By: Mariaan Webb     20th March 2009 Business confidence in the manufacturing almost halved in the first quarter of 2009, as the global economic crisis exacerbated a domestic economic slowdown, bringing the manufacturing sector to its knees, a survey revealed on Friday. Bureau for Economic Research (BER) economist Christelle... 

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