Chevron will purchase Anadarko Petroleum for $33 billion in cash and stock, or a price of $65 per share. The deal "really plays to our strengths in shale, deepwater and natural gas," Chevron CEO Michael Wirth says.
The term "lean management" is often associated with reduced costs and fewer people, but lean experts argue that the concept is broader than commonly thought and not one-size-fits-all. "If you want to see it as a holistic, all-encompassing culture and philosophy and way of working, it will be that, and there's no end to the learning that it will take you to," said John Shook, chairman and CEO of the Lean Enterprise Institute.
To improve the company's metal-fabrication processes, Mettler Toledo has added magnetic lifts and robots for welding at its heavy-fabrication plant in Ohio. The advancements in technology, efficiency and automation haven't come at the expense of welding jobs, Tim Heston writes.
Warehouse management systems, robotics and voice technology are essential for speeding up fulfillment and operating a flexible supply chain, according to Karen Leavitt of Locus Robotics and Sudha Chandrasekharan of HighJump.
Chemical- and food-production manufacturing facilities are often in need of custom solutions for their production platforms, writes Aaron Conway. He recommends designing safety gates for platforms with little room, gates that accommodate rotating pallets and a design that has rear-side gates.
SC Johnson is pledging to make all plastic packaging sustainable by 2025 and is even open to some forms of regulatory bans, says Chairman and CEO Fisk Johnson. "Plastic straw bans, for example, while not solving the overall waste problem, do bring the issue front and center in people's minds," he wrote in January.
The National Association of Manufacturers honored 100 women this week at its annual STEP Ahead Awards along with 30 "Emerging Leaders" as the upcoming leaders of tomorrow's manufacturing workforce. "We believe it is incredibly important to shine a light on the accomplishments of women in the manufacturing industry to inspire others to join them," writes Carolyn Lee, executive director of the Manufacturing Institute.
The goal of Hypertherm's Students and Hypertherm Associates Partnering for Education STEM program is to invest in and support the students of the northern New England area, writes executive Jenny Levy. SHAPE is designed to get students involved with STEM at a young age and build a pipeline to manufacturing careers.
Announcing the winners of the Boys and Girls Clubs "STEP into Manufacturing" contest
The Manufacturing Institute's STEP Ahead Awards are thrilled to partner with the Boys and Girls Clubs of America and announce the winners of the "STEP into Manufacturing" competition: Kendahl Fowler, 5th grade, Houston; Danielle Kain, 10th grade, St. Louis; and Madison Perkins, 8th grade, Milwaukee. This week, the three winners traveled to Washington, D.C., to attend the STEP Ahead Awards and speak about why it's important to have women in STEM. Learn more about the STEP Ahead Awards.