December 10th, 2010 
Jonathan Dionisio 
Numerous businessmen and analysts could say that 2010 was a challenging year. Despite this, signs of recovery have been evident. This has given them a positive outlook for 2011. A couple of days ago, we reported that the latest non-manufacturing index result from the Institute of Supply Management (ISM) is saying that businesses in the service sector grew by 0.7% in November. Aside from the service sector, another industry that has shown significant growth is the manufacturing industry.
Citing the latest Manufacturing ISM Report on Business, the manufacturing sector grew during November, with both new orders and production continuing to expand. With the PMI at 56.6 percent, November’s rate of growth is the second fastest in the last six months. Therefore, the PMI indicates growth for the 19th consecutive month in the overall economy, as well as expansion in the manufacturing sector for the 16th consecutive month.
On the other hand, exports and imports continue to support expansion in the sector. New Export Orders Index slightly decreased to 57% in November while Imports of materials by manufacturers continued to expand in November as the Imports Index registered 53 percent, which is 1.5 percentage points higher than the 51.5 percentage points reported in October.
Manufacturers’ inventories grew in November as the Inventories Index registered 56.7 percent. The index is 2.8 percentage points higher than the 53.9 percent reported in October.
According to the index report, ten manufacturing industries reported growth in November. These are Computer & Electronic Products; Petroleum & Coal Products; Apparel, Leather & Allied Products; Machinery; Fabricated Metal Products; Plastics & Rubber Products; Transportation Equipment; Electrical Equipment, Appliances & Components; Chemical Products; and Primary Metals
Currently, Corporations4Sale represents several companies involved in these areas: Custom Signage Products and Dimensional Props, Plastic Injection and Transfer Molding Services, Nickel Electroforming, Combat Simulators, Advance Metalworking, Water Filtration, Specialty Printer, and Hydraulics and Compressed Air Treatment Products.
Overall, 2010 was a good year for manufacturing businesses. Although growth is slow, manufacturing businesses have shown their dexterity and stability in the midst of the economic downturn and now, recovery. These factors all make manufacturing businesses for sale ideal for acquisition. With the developments in the economy in general and the continuous growth of the industry, now is the time to continue your plans of expansion and ultimately, strengthen your company’s presence as we head towards economic stability.
Sources:
http://www.businessweek.com/news/2010-12-01/u-s-economy-factories-expand-companies-add-workers.html
http://money.cnn.com/2010/12/01/news/economy/ism_manufacturing/index.html
http://www.ism.ws/ISMReport/MfgROB.cfm
http://www.businessweek.com/news/2010-12-01/u-s-economy-factories-expand-companies-add-workers.html
http://edition.cnn.com/2010/BUSINESS/12/01/manufacturing.powers.ahead.ft/index.html
http://www.marketwatch.com/story/us-manufacturing-growth-cools-slightly-in-november-2010-12-01?reflink=MW_news_stmp
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