DENVER, CO, September 14, 2013 /24-7PressRelease/
-- Blake's Remanufacturing
understands the plight that its industry has been dealing with for the past several years. American manufacturing has faced fierce competition from overseas, and many companies have encountered issues with their businesses. Blake's was lucky enough to survive the decline of United States' manufacturing by providing top quality service. The company has consistently upheld its values and core standards so that it can continue to be prosperous. Fortunately, the rest of the industry has also taken a positive turn in the past few weeks.
The Guardian recently published an article
that depicts how the United States' manufacturing sector has expanded at its fastest pace since June 2011. August of 2013 saw a positive swing in the industry as businesses were booming with activity. Reports indicate that the entire industry has been continuously expanding for the past three consecutive months. A poll conducted by the Institute of Supply Management discovered that the amount of purchasing managers has increased from 55.4 percent to 55.7 percent. Although this jump seems small, any readings over 50 percent indicate that the manufacturing sector is in great shape.
The Institute of Supply Management's poll encompassed 18 different industries within the manufacturing sector. Of these 18, 15 of the industries reported some form of growth. These included textile mills, food and beverage production, computer and electronic products, and transportation equipment. Miscellaneous manufacturing was the only industry that reported contraction in August 2013.
Blake's Remanufacturing remains cautiously hopeful after seeing these signs and believes that the manufacturing sector will continue to grow. However, there are doubters that think it is too early to be optimistic. Some industry professionals believe that there are a few factors that could negatively affect business in the near future. The two main reasons for downturn would be tight government spending and military slowdown. Not only that, the Institute of Supply Management's poll was generated in the midst of concerns revolving around the Federal Reserve's plans to reduce quantitative easing.
A Blake's Remanufacturing representative stated, "It is risky following economic reports nowadays. Everyone has to tread carefully and remain cautious. Recent signs have been excellent, but we do not want to get ahead of ourselves. The market is still climbing out of its economic hole and we are just one business that is trying to maintain profitable levels. At this point, all that we can do is continue upholding our great service standards and keep our clientele happy."
Other figures were gathered over the past week to evaluate the status of the United States' economy. In June 2013, employers added 188,000 new jobs, but this number decreased to 162,000 the following month. Regardless, Blake's Remanufacturing is happy to say that unemployment has recently fallen to 7.4 percent, the lowest that it has been in more than four years.
is the one stop shop in Denver, Colorado, for engine parts and services. This company offers a wide variety of remanufactured engine components that are guaranteed to perform at top quality. Some of the parts that this company services include engine blocks, cylinder heads, crank shafts, lifters, and connecting rods. Blake's Remanufacturing services parts that accommodate many brands including Caterpillar, Alco, EMD, Komatsu, Perkins, and John Deere. Customers can call into a 24/7 parts hotline and expect to get high quality service for their remanufacturing needs. Clients have complimented the company's massive inventory that contains over 20,000 remanufactured parts.