News
Below are interesting stories concerning our industries, manufacturing, and our region.
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Apple will spend more than $500 billion in the U.S. over the next four years
PRESS RELEASE February 24, 2025 Teams and facilities to expand in Michigan, Texas, California, Arizona, Nevada, Iowa, Oregon, North Carolina, and Washington Plans include a new factory in Texas, doubling the U.S. Advanced Manufacturing Fund, a manufacturing academy, and accelerated investments in AI...
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Carbon Fiber Haas Front Panels!
Check out the latest upgrade for your Haas, a carbon fiber front bezel! Carbon Fiber Bezel, 15″ Screen Cover Part #: 06-0536 $87.95 regular price Carbon Fiber Bezel, Storage Cabinet Cover Part #: 06-0537 $29.95 regular price
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WTI Tops $72 Amid Crude Supply Concerns
by Bloomberg Julia Fanzeres | Wednesday, February 19, 2025 West Texas Intermediate edged above $72 a barrel, extending gains to the highest closing price in a week. The rally is being driven by a slew of crude supply concerns from across the Atlantic and with a key technical level providing a f...
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Machine Tool Demand Apparently Rising
,Feb. 10, 2025 Machine shops and other U.S. manufacturers ordered $513.8 million worth of capital equipment for metal cutting, forming, and fabricating during December 2024, a +15.0% rise from November, and +5.3% more than the previous December’s order total. According to AMT – the Assn. for...
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WTI Slips Below $71 Amid Supply Confidence
by Bloomberg Mia Gindis | Friday, February 14, 2025 Oil fell as a key market gauge signaled that supplies are ample and traders discounted US threats to Iran’s crude exports. West Texas Intermediate’s front-month futures were trading at as little as 1 cent more per barrel than contracts for...
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Oil Futures Closed Higher as Sanctions Disrupt Russian Exports
by Bloomberg Mia Gindis and Alex Longley | Tuesday, February 11, 2025 Oil extended gains on signs US sanctions are hampering Russian crude supplies. West Texas Intermediate rose 1.4% to settle above $73 a barrel, building on Monday’s 1.9% advance, which was the biggest in almost four weeks. S...
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What’s New At Haas Automation?
With a whole host of new machining products, Haas is also adding new shop equipment, cutting tools, workholding, and much more! Take a dive into what is new at Haas by visiting their website www.HaasCNC.com or clicking the LINK.
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Rethinking Supply Chains Due to New Tariffs by: Adrienne Selko
Source LINK With the reality of tariffs on China, and soon to be implemented on Canada and Mexico, companies are re-examining their supply chains. A few days before the finalization of the tariff policy, MH&L talked with Travis Epp, a CPA and partner in charge of the Manufacturing and Distrib...
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Preventive Maintenance Program
Your local Haas Factory Outlet now has 4 options from which to choose! •Level 1 PM Inspection- General overview •Level 2 PM Inspection- More detailed inspection •Level 3 PM Inspection- Comprehensive inspection •Level 4 PM Inspection- Comprehensive inspection with oil/filter replacement, vibr...
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Phillips Haas Maintenance & Repair Training – What is it?
SERVICE YOUR HAAS MACHINES LIKE A PRO! Take control of your downtime and lower repair costs by learning to fix your CNCs on your own. Interested? Please complete our inquiry form on our site and a Phillips representative will be in touch to answer any questions. https://www.phillipscorp.com/phillips...
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Oil Output Cuts Could Boost Price to $60 a Barrel, Lukoil Says
OPEC’s proposal to cut oil production by up to 1 million barrels a day would be enough to balance the oil market and lift prices to $60 a barrel, Leonid Fedun, vice-president of Russian oil producer Lukoil, told Reuters. The comments from Fedun, who was talking on the sidelines of the compan...
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Wood to Design Chevron’s Anchor Offshore Platform
http://bit.ly/2TgAF84 Engineering company Wood has secured a multimillion-dollar engineering design project for Chevron’s Anchor deepwater development in the Gulf of Mexico. The scope of the project included the preliminary, front end engineering and design (Pre-FEED), FEED and now entails the det...
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Lonestar Resources Enters Eagle Ford JV
Lonestar Resources US Inc. and its subsidiaries have entered into a joint development agreement in Gonzales County with one of the largest producers in the Eagle Ford Shale which encompasses an area totaling about 15,000 acres. The name of the producer was not disclosed. Lonestar will operate a mini...
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Preventive Maintenance Program Available
Your local Haas Factory Outlet now has 3 options to choose from: Basic Inspection for a general overview Level 2 PM more detailed inspection Level 3 PM in depth inspection and oil/filter replacement Schedule your preventive maintenance today so your machine will be up and running when you most need ...
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Don’t Mess with the Tax Write-Off for New Equipment
Industry Week Robert Atkinson | Mar 04, 2019 A new study from a non-partisan research group on the economic impact of bonus depreciation for investment in machinery and equipment has been getting attention because of its conclusion that the incentive is not only wasteful, but harmful. In reali...
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Oil Prices Up On Trade Optimism
Oil prices are set to end the week up for the second week running, with both trade sentiment and production cuts adding bullishness to oil markets. Friday, February 22, 2019 Oil is set to close out another week of gains, this time juiced by optimism over the U.S.-China trade negotiations. But the ga...
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Educating for the Future — HCC’s Manufacturing Center of Excellence
March 7, 2019 5:30- 8pm Web Link To Register The Houston Business Journal Reports that 1 in 4 jobs in Houston will be threatened by Robots and Artificial Intelligence. Training and Education are critical for employees and entrepreneurs. Join the MIT Enterprise Forum of Texas, the South Tex...
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Oil-gas Optimism Reigns, Study Finds
Offshore Engineer reports February 18, 2019 From https://goo.gl/mgegau The worldwide oil and gas industry is “resilient, confident and ready to spend” but is at risk of reverting to overspending, just as an increase in large-project approvals loom. That’s the gist of a new report from Oslo...
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Offshore Texas Oil Export Facility Proposed
From Rigzone https://goo.gl/1dZHg3 by Matthew V. Veazey Rigzone Staff Tuesday, February 12, 2019 Sentinel Midstream has unveiled plans to develop a deepwater crude oil export terminal near Freeport, Texas, that could fully load very large crude carrier (VLCC) vessels. In a written statem...
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America is now the world’s largest oil producer
Move over Russia and Saudi Arabia. America has reclaimed its throne atop the oil world. For the first time since 1973, the United States is the world’s largest producer of crude oil, according to preliminary estimates published on Wednesday by the Energy Department. The feat demonstrates how t...