As the New Year begins, we are all excited as to what the future holds for our businesses and the economy in general. From what reports and forecasts last year told us, many businesses will continue to prosper and be profitable, making them ideal for acquisition. Yet another industry that has continuously shown tremendous growth is the manufacturing industry.
In the December 2010 Manufacturing Report on Business from the Institute of Supply Management (ISM), PMI registered 57 percent, an increase of 0.4 percentage points when compared to November’s reading of 56.6 percent. This indicates that economic activity in the manufacturing sector expanded in December for the 17th consecutive month, and the overall economy grew for the 20th consecutive month.
“We saw significant recovery for much of the U.S. manufacturing sector in 2010,” said Norbert Ore, chairman of the ISM Manufacturing Business Survey Committee, in a statement. Furthermore he said that manufacturers are carrying a good bit of momentum this month.
On the other hand, Conrad DeQuadros, a senior economist at RDQ Economics LLC in New York, said “Manufacturing growth is being driven by a pickup in domestic demand rather than just inventory replenishment. It’s suggestive of a more sustainable recovery.”
According to the index report, ten manufacturing industries reported growth in December. These are Apparel, Leather and Allied Products; Primary Metals; Fabricated Metal Products; Machinery; Computer and Electronic Products; Food, Beverage and Tobacco Products; Textile Mills; Plastics and Rubber Products; Transportation Equipment; Electrical Equipment, Appliances and Components; and Chemical Products.
Currently, Corporations4Sale represents several companies involved in these areas: Laminated Component Fabricator, Car Wash Systems, Nutraceutical products, Chemical containers, Advanced Metalworking, Industrial Magnetic Filters, and Fluid Power Related Products.
It seems that the manufacturing businesses are off to a good start this year. With the constant development in this industry, there has never been a better time to be acquiring one of the above mentioned opportunities. By growing your business now, your company is assured of a profitable future as the economy heads out of recession.
Sources:
http://www.ism.ws/ISMReport/MfgROB.cfm
http://www.businessweek.com/news/2011-01-03/manufacturing-in-u-s-probably-grew-in-december-at-faster-pace.html
http://money.cnn.com/2011/01/03/news/economy/ism_manufacturing/index.html
http://www.businessweek.com/news/2011-01-04/u-s-economy-manufacturing-rises-to-seven-month-high.html
http://www.reuters.com/article/idUSTRE6BM24V20110103
http://online.wsj.com/article/SB10001424052748704111504576059610966654644.html
http://blogs.wsj.com/economics/2011/01/03/world-wide-factory-activity-by-country-12/
Image: Suat Eman / FreeDigitalPhotos.net




January 6th, 2011
Jonathan Dionisio 





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understand you represent a company in Nashville that is involved in printing. Am I right?
Corporations4Sale represents several printing-related companies: Embroidery, Screen Printing & Promotional Products located in Florida, and Commercial Printer, Mailing and Publishing Firm located in Indiana.
We invite you to register as a buyer on our Corporations4Sale website (http://www.marchgroup.com/buyabusiness), if you have not already done so. Upon registering, you will be able to view all of our business for sale listings and request further information on individual opportunities.
[...] business stability than other industries, making these companies ideal acquisition candidates. (See Build a Better Future – Buy a Manufacturing Business for Sale). Since then, manufacturing businesses have continued to become more profitable and are nearly [...]