The Knowledge Tree | Page 7 of 12

O’Neal Steel December Market Informer

Posted on December 5, 2022 by O'Neal Steel

U.S. Business Activity Contracts For A Fifth-Straight Month The S&P Global flash November composite purchasing managers’ index slid about 2 points to 46.3, the second-lowest level since the immediate aftermath of the pandemic, the group reported November 23. Readings below 50 indicate shrinking activity and the latest print was among the worst in data back… Read More

Meet our fiber laser operator, DJ

Posted on November 29, 2022 by O'Neal Steel

“Challenging projects aren’t uncommon, but it keeps the job interesting. Creative approaches are a daily possibility, but a ‘can do attitude’ keeps processing rolling.” DJ Wood, Fiber Laser Operator DJ has been a valued member of the O’Neal Steel team since 2018. He began his career as a plasma operator, cutting and processing hundreds of… Read More

Meet our oxy-fuel operator, Kevin

Posted on November 15, 2022 by O'Neal Steel

Meet our oxy-fuel operator, Kevin Luker! With over 20 years of experience, he is one of the most skilled members on our processing team in Nashville, Tennessee. Kevin has excelled in many roles throughout his career, including material handling, drilling, sawing, lasering, shearing, and now oxy-fuel cutting. Kevin is a team player and always willing… Read More

Meet our tube laser operator, Derek

Posted on November 9, 2022 by O'Neal Steel

Have you ever created a project for the world stage? Well, our tube laser operator Derek Spraggins has: “The World Games 2022 had a lot of laser cutting involved, and it was very cool to have my hands involved in parts that the world would see. There were several statues erected, cut from steel tube,… Read More

O’Neal Steel November Market Informer

Posted on November 7, 2022 by O'Neal Steel

The Diesel Market is in a Perfect Storm as Prices Surge, Supply Dwindles Ahead of Winter A perfect storm is taking place in the diesel market, with dwindling diesel reserves, a drought on the Mississippi River pushing more product to rail and truck, and a possible rail strike leading to a surge in prices that… Read More

Meet our plasma operator, Jeff

Posted on November 1, 2022 by O'Neal Steel

“The best part of my job is the satisfaction of processing a client’s order, getting it done correctly and on time. I feel if I am going to do a job, any job, I should do it to the best of my ability.” Jeff Curl, Plasma Operator Meet our plasma operator, Jeff Curl! With 44… Read More

O’Neal Steel October Market Informer

Posted on October 10, 2022 by O'Neal Steel

U.S. Factory Orders Unchanged in August New orders for U.S.-manufactured goods were unchanged in August amid a drop in demand for transportation equipment, but solid gains elsewhere pointed to underlying strength in manufacturing. The Commerce Department said on October 4 the flat reading in factory orders, which matched economists’ expectations, followed a 1.0 decline in… Read More

O’Neal Steel September Market Informer

Posted on September 6, 2022 by O'Neal Steel

U.S. Charges Towards Green Energy The U.S. seems well on its path to green energy. President Joe Biden recently signing into law the biggest clean energy investment in U.S. history. The package includes $370 billion in subsidies for solar and wind energy development, electric vehicles, etc. Taking a cue, US Steel and Shell U.S. Gas… Read More

O’Neal Steel August Market Informer

Posted on August 8, 2022 by O'Neal Steel

U.S. Manufacturing Slows Modestly U.S. manufacturing activity slowed less than expected in July and there were signs that supply constraints are easing, with a measure of prices paid for inputs by factories falling to a two-year low, suggesting inflation has probably peaked. While the Institute for Supply Management survey on August 1 showed a measure… Read More

O’Neal Steel July Market Informer

Posted on July 11, 2022 by O'Neal Steel

Survey: 70% of Companies Planning Reshoring or Nearshoring Projects Seven out of ten U.S. based manufacturing companies are planning to invest in new production capacity closer to their home bases as a result of the global upheavals of recent years, a new survey has found. The robotics and automation arm of global conglomerate ABB recently… Read More

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