IQReport February 2016 - Manufacturing & ERP News from IQMS

IQReport February 2016

Feds Approve First U.S. Factory in Cuba

The Obama administration has approved the first U.S. factory in Cuba in more than half a century, allowing a pair of former software engineers to build a plant assembling as many as 1,000 small tractors a year.

The Treasury Department last week notified partners Horace Clemmons and Saul Berenthal that they can legally build tractors and other heavy equipment in a special economic zone started by the Cuban government to attract foreign investment.

For the project's first three years, the company will export components from the United States for assembly in Cuba, eventually hoping to begin manufacturing many of the parts themselves on the island. Read more on US News & World Report

U.S. Manufacturing Jobs Hit 7-Year High

While some industrial indicators may suggest that the U.S. manufacturing sector is undergoing a tough time right now, the latest report from the U.S. Bureau of Labor Statistics, released February 12th, suggests that manufacturers are certainly not letting a few bad months dampen their enthusiasm for investing in talent for the future.

According to the report, U.S. manufacturing companies added a substantial 29,000 new jobs in January this year.

Of the 79 manufacturing sectors covered in the new U.S. Labor study, for example, 64 percent said they were adding workers, particularly in food processing, auto production, chemicals, furnishings and fabricated metals.
Read more on the Frost & Sullivan's Manufacturing Leadership blog.

IQMS News & Information

Start Up Vehicle Manufacturer Elio Motors Inc., Chooses IQMS ERP

Start-up vehicle manufacturer Elio Motors Inc. has selected IQMS’ flagship product, EnterpriseIQ. Elio Motors, which is anticipating the roll out of its highly fuel-efficient, three-wheeled vehicle in late 2016, is implementing EnterpriseIQ to provide a single system for managing the company’s processes and obtaining complete, accurate information to support decision-making.

“Our mission at Elio Motors to provide an efficient, cost-effective, American-based solution for our customers is consistent with the team at IQMS. This philosophical alignment, combined with a solution that can evolve with us to address future challenges, provides us the confidence that IQMS is the provider best prepared to deliver on our business goals.” states Shane Stirmers, finance manager for Elio Motors Inc..  Read more.

IQMS Pinnacle User Conference Building Momentum

IQMS Pinnacle begins on Tuesday, April 5th which is just 7 weeks away. What can you expect at this year's event?

  • 40 training classes
  • Demo of the new WebIQ browser based UI and other new product announcements
  • Access to dozens of IQMS product experts
  • Industry speakers
  • One-on-one meetings with the leadership team
  • A soon to be announced exclusive IQMS event.

Just a reminder, IQMS Pinnacle is April 5-7 at Caesars Palace in Las Vegas, NV.  Please check the User Conference page on the IQMS web site for all the latest updates including registration, hotel reservation link, and more.

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