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Manufacturing News

South African PMI drops below 50-point level

By: Chanel de Bruyn     1st July 2010 The manufacturing sector’s contribution to overall gross domestic product (GDP) growth in the second quarter would likely be “meaningfully less” than the 1,3 percentage points contributed during the first quarter of the year, Kagiso Securities head of fixed income André Coetzee said on Thursday,... 

Reunert's veteran CEO Pretorius makes way for Wentzel

By: Terence Creamer     1st July 2010 Electrical engineering and electronics group Reunert has appointed Parmalat South Africa's Nick Wentzel (54) to replace its veteran CEO, Gerrit ‘Boel' Pretorius, as from August 1, 2010, a year ahead of his official retirement date. Pretorius, who has served as CEO since 1997, would also step... 

Manufacturing rebound loses momentum

By: Chanel de Bruyn     17th June 2010 The rebound in South Africa’s manufacturing industry has slowed, with few producers seeing improvements in the coming 12 months, a Bureau for Economic Research (BER) survey showed on Thursday. The BER said that the sector had lost some momentum during the second quarter of the year. 

Seifsa confirms 2010 metals sector wage deal  

By: Creamer Media Reporter      9th June 2010 Wage increases from 7,1% to 8,1% have been agreed for the metals and engineering sector, for implementation from July 1, 2010, the Steel and Engineering Industries Federation of South Africa (Seifsa) reported on Wednesday. The increases were finalised in accordance with a wage model agreed with... 

Brazilian electric-motor giant to acquire control of SA's Zest

By: Terence Creamer     9th June 2010 Brazilian electrical equipment multinational WEG has confirmed that it is seeking to acquire a controlling 51% in South Africa's Zest Group, a leading distributor of electrical equipment and a WEG electric-motor sales partner of more than three decades standing. No value has been disclosed for... 

Growing demand for composite materials in South Africa

By: Dimakatso Motau     4th June 2010 The composites industry has observed a significant growth in demand, says supplier and distributor of composite materials Aerontec technical sales representative Lawrie Droomer. 

Gauteng Tooling Initiative announces new CEO

By: Loni Prinsloo     3rd June 2010 he Gauteng Tooling Initiative (GTI) has appointed Henk Snyman as its new CEO. The GTI said in a statement that the new appointment would aid the revitalisation of the tool, die, and mould-making (TDM) sector in Gauteng, a move that aimed to bring the manufacturing sector of the province to... 

PMI shows pace of manufacturing production slowed 

By: Chanel de Bruyn     1st June 2010 While the Kagiso Purchasing Managers Index (PMI) had remained above the neutral 50-point level in May, its third consecutive decline was a concern and suggested that the pace of manufacturing production had eased in recent months, Kagiso head of fixed income André Coetzee said on Tuesday. The... 

Polyurethane product 
producer expands its 
service offering

By: Eleanor Seggie     28th May 2010 South African polyurethane product producer Uretech is expanding its service offering to local and foreign markets.  

Brikor expects to report FY loss

By: Loni Prinsloo     26th May 2010 JSE-listed clay brick manufacturer Brikor said on Wednesday that it was expecting a loss per share of between 18,8c and 22c for the full-year ended February 28. The company also anticipated headline losses a share of between 7,8c and 9,2c, owing to continued weaker trading conditions.  

SA economy picks up speed with 4,6% first-quarter growth 

By: Chanel de Bruyn     25th May 2010 South Africa’s gross domestic product (GDP) grew by 4,6% in the first quarter of this year, exceeding market expectations, which had forecast growth of about 4%. The first-quarter expansion compares with a 3,2% rise in the final quarter of 2009, and was the highest quarter-on-quarter increase... 

Company complies with international and local standards

By: Henry Lazenby     21st May 2010 A change to the South African National Standard (SANS) 10142-1 for the wiring of premises has dealt an expensive blow to KwaZulu-Natal- (KZN-) based manufacturer Panel Technique, but has brought about a positive change for the future. 

Dorbyl says it expects to narrow FY loss

By: Loni Prinsloo     14th May 2010 SE-listed automotive component manufacturer Dorbyl said on Friday that it expected to report headline losses a share for the year ended March 31, 2010, of between R1,90 a share and R2,50 a share, which was somewhat of a recovery from the comparative period's loss of R3,16 a share. South Africa's... 

Reunert says Feb may be too soon to finalise its cash-pile plans

By: Terence Creamer     13th May 2010 Reunert CEO Gerrit ‘Boel' Pretorius on Thursday pulled back slightly from an earlier commitment to either invest, or return to shareholders, its substantial cash holdings by February, saying that it may be "prudent" to move that deadline out. However, he again promised investors that, if the... 

SA studies Brazil’s model for leveraging industry through procurement

By: Terence Creamer     7th May 2010 The decision by the Brazilian government to set a 65% to 75% local-content condition on companies seeking to secure concessional funding from the country’s influential development bank, BNDES, has been key to boosting manufacturing investment and industrial production in the South American... 

Ipap2 firmly in implementation mode – Davies

By: Jade Davenport     4th May 2010 The much-vaunted 2010/11 to 2012/13 Industrial Policy Action Plan (Ipap2) has moved beyond the realm of public debate and is now firmly in implementation mode, Trade and Industry Minister Rob Davies said on Tuesday. Davies told journalists in Cape Town that the Portfolio Committee on Trade and... 

Altron pins recovery hopes on underperforming units

By: Terence Creamer     4th May 2010 Engineering and technology group Altron anticipates that its underperforming business units, Powertech and Bytes, will provide the core recovery impetus for its 2011 financial year, rather than Altech, which demonstrated remarkable recession resilience during its 2010 reporting period. The... 

Anger as ArcelorMittal SA confirms ‘base' steel price increases from June 1 

By: Terence Creamer     3rd May 2010 JSE-listed steel producer ArcelorMittal South Africa (AMSA) confirmed to Engineering News Online on Monday that the price of flat and long steel for delivery from June 1, 2010, would increase by between 2% and 17%, depending on product type – news of the increase was met with anger by steel... 

April PMI drops, but still above neutral point – Kagiso

By: Creamer Media Reporter      3rd May 2010 The Kagiso Purchasing Managers Index (PMI) fell by 0,4 points month-on-month to 55,2 points in April, staying in line with the long-term average of the PMI of 52,3 points. While this figure was slightly lower than the 55,6 points recorded in March and a high of 60,4 points recorded in February,... 

Manufacturing on recovery path, but sector still faces risks

By: Creamer Media Reporter      30th April 2010 Confidence among local manufacturers, domestic manufacturing volumes and selling prices were all continuing to improve, but First National Bank Commercial economist Sizwe Nxedlana on Friday warned of the risks that the local manufacturing sector could still face going forward. “Taken together,... 

Maintenance and spares markets contract

By: Eleanor Seggie     30th April 2010 Manufacturer and supplier of electrical heating elements and temperature control systems Swift Heat & Control MD Brian Booth says that a contraction in capital expenditure spending as well as manufacturing demand shrinking, has caused maintenance and spares market to contract.  

Manufacturer, supplier keeps on top of its game

By: Julian Kraft     23rd April 2010 Gauteng-based Kappa Engineering, one of South Africa's manufacturers and repairers of hydraulic cylinders, has greatly expanded and diversified its operations over the past three years.  

Recent changes result in productivity improvements

By: Julian Kraft     23rd April 2010 Recent advances and improvements that promise to further streamline and speed up output at Gauteng-based Kappa Engineering, include the installation of a second honing machine and the in-house development of a stress beam, the launch of a comprehensive computerised production control and... 

Perforation process creates pictures

By: Eleanor Seggie     9th April 2010 Vibratory process equipment and perforator manufacturer Lockers Engineers’ perforating division has a new addition to its product range in Pic-Perf. 

Manufacturing production grows less than expected

By: Chanel de Bruyn     8th April 2010 South Africa’s manufacturing output rose by 2,7% year-on-year in February, and while below market expectations, this was still considered a positive move. Efficient Group economist Freddie Mitchell commented on Thursday that the figures were below the market expectations of 4,7%, but said this... 

New industrial plan seen as ‘realistic’ growth strategy – analyst 

By: Chanel de Bruyn     6th April 2010 The second version of government’s Industrial Policy Action Plan (Ipap2) was a “realistic” growth strategy, but South Africa would have to draw on its existing strengths and eliminate some identified weaknesses to ensure its success, growth consultancy firm Frost & Sullivan research analyst Laura... 

Major systems, processes and machines upgrade 

By: Henry Lazenby     2nd April 2010 The company relies on both a subcontracting and linear operations model and Fawcett says he wants to retain a good relationship with the subcontractors, although Weir Minerals’ manufacturing capacity has increased. 

Manufacturing sector shows promising signs of growth

By: Henry Lazenby     2nd April 2010 Gauteng’s economy has turned around after the recession last year with the manufacturing sector making a strong comeback. Economists.co.za economist Mike Schüssler was recently quoted on Fin24.com, saying the province’s private sector economy fell by only 5.5% on an annualised basis in January.... 

Local and global competitiveness critical

By: Henry Lazenby     2nd April 2010 Maintaining world-class quality in local manufacturing is one the greatest challenges experienced by large manufacturers in Gauteng, while maintaining their local and global competitiveness is critical. 

SA PMI slides back in March, but Q1 figures positive

By: Creamer Media Reporter      1st April 2010 The Kagiso Purchasing Managers Index (PMI) fell by 4,8 points in March, but the figures for the first quarter of 2010 remained positive, Kagiso Securities head of fixed income Andre Coetzee said on Thursday. The PMI fell to 55,6 points in March, down from February’s 60,4 points, mainly as a... 

Stainless steel body aligns programmes 
with South Africa’s new industrial strategy

By: Jacqueline Holman     26th March 2010 The Southern Africa Stainless Steel Development Association (Sassda) is adding value to the stainless steel industry by implementing a number of projects that will align with government’s Industrial Policy Action Plan (IPAP). 

Manufacturing business confidence jumps

By: Creamer Media Reporter      18th March 2010 While the recovery in the manufacturing sector remained “rather patchy”, the upturn in activity was spreading to more subsectors, Bureau for Economic Research (BER) economist Christelle Grobler said on Thursday. The BER’s latest manufacturing survey has indicated that business confidence in the... 

SA metals industry showed signs of resilience during recession  

By: Terence Creamer     15th March 2010 South African metals and engineering companies shed some 70 000 jobs, the equivalent of 20% of all scheduled jobs in the sector, during the 2009 recession. However, the sector still showed signs of relative resilience, when compared with previous recent downturns, Metal and Engineering Industries... 

Manufacturing output rises 3,7%

By: Chanel de Bruyn     11th March 2010 South Africa’s manufacturing output rose 3,7% year-on-year in January, improving further on the 3,2% increase achieved in December, Statistics South Africa (Stats SA) reported on Thursday. Absa Capital senior economist Ian Marsberg noted that while the overall headline number had been somewhat... 

South Ocean’s earnings fall sharply, margins decline

By: Chanel de Bruyn     8th March 2010 JSE-listed electronic equipment supplier South Ocean Holdings expected to see competitive pricing and cautious demand from customers in the year ahead, despite the economy remaining challenging. The supplier, which on Monday reported a 48,2% decline in earnings to R31,7-million in the year ended... 

Manufacturing output to increase

By: Petronel Smit     5th March 2010 The Western Cape Department of Economic Development and Tourism reports that manufacturing output in the Western Cape is expected to grow between 2% and 3% in 2010 as the global economy recovers. 

DST selects 28 foundries for technology support programme

By: Creamer Media Reporter      1st March 2010 Science and Technology Minister Naledi Pandor on Monday launched the Department of Science and Technology’s (DST’s) Technology Localisation Programme (TLP), through which 28 local foundries would be provided with technology assistance packages to enhance their capabilities in terms of accessing... 

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