Industrial products

Industrial Products sector 2012 SEC comment letter trends

12/3/2012 | Industrial products

PwC has issued a summary document of comment letter trends and considerations for year-end financial reporting for industrial products and services companies. Areas reviewed include management discussion and analysis, goodwill impairment, revenue recognition, and much more. Read more

Shale gas: A renaissance in US manufacturing?

12/13/2011 | Industrial products
  • Assessing tax: 2013 tax rate benchmarking study for industrial products and automotive sectors

    5/23/13 | Industrial products

    Average global effective tax rate increases two percentage points in three years for industrial products and automotive sectors. The steady upward trend in average effective tax rates globally from 2010 (26.1 percent) to 2012 (28.3 percent) took place despite a reduction in statutory rates of corporate income tax around the world.

  • Aerospace & Defense: 2012 year in review and 2013 forecast

    5/15/13 | Aerospace & defense

    The Aerospace and Defense industry reported its third consecutive year of record revenue and profit in 2012, on strong commercial aviation market that offset weaker defense industry performance.

  • Forging ahead: First quarter 2013 metals industry mergers and acquisitions analysis

    5/2/13 | Metals

    Deal activity in the metals sector declined in first quarter of 2013, with transaction volumes at their lowest since the first quarter of 2009. While Metals industry M&A activity is projected to be flat over the near term, US plans for infrastructure investment may increase the demand for iron, steel, and aluminum in the United States.

  • Webcast
    Conflict minerals - Next steps: An auditor's perspective - April 9, 2013

    Assurance services

    Conflict minerals compliance has quickly become one of the most pressing issues for both SEC and non-SEC registered companies. As we have spoken to a large number of companies regarding their conflict minerals implementation programs, we would like to share with you some observations and key takeaways.

  • Aviation perspectives: Airline mega-merger impact on the US domestic airline industry

    1/7/13 | Transportation and logistics

    PwC analyzed average US domestic airfares in 2005 to compare how they have changed in relation to labor costs and fuel costs to measure the impact of these economic indicators against an airline company's financial performance. Our latest report analyzes the impacts of recent mega-mergers on the US domestic airline industry.

  • Mission control: Third-quarter 2012 aerospace & defense industry mergers and acquisitions analysis

    12/5/12 | Aerospace & defense

    Aerospace and defense merger and acquisition activity increased in value and volume in 2011. Large deal transactions contributed to the increase. The outlook for deal activity in 2012 is favorable as non-US companies increase their competitiveness .

  • PwC comment letter (SEC)
    Industrial Products sector 2012 SEC comment letter trends

    12/3/12 | Industrial products

    PwC has issued a summary document of comment letter trends and considerations for year-end financial reporting for industrial products and services companies. Areas reviewed include management discussion and analysis, goodwill impairment, revenue recognition, and much more.

  • Manufacturing Barometer: Business outlook report - October 2012

    10/27/12 | Industrial products

    Manufacturing Barometer is PwC's quarterly survey of US-based executives in large, multinational industrial manufacturing businesses. Despite continued uncertainty regarding the prospects of both the US and global economies, the majority of US industrial manufacturers remain positive regarding the overall revenue outlook for the next 12 months.

  • Shale gas: Reshaping the US chemicals industry

    10/8/12 | Industrial products

    Advances in horizontal drilling and fractionation of shale gas basins in North America are altering the chemicals industry value chain. In this analysis, we examine the immediate and longer term effects on the chemicals industry.

  • 10Minutes
    10Minutes on US manufacturing resurgence

    10/4/12 | Industrial products

    Signs point to a potential surge in domestic manufacturing, and US companies are carefully watching seven key factors that are impacting the trend. They also need to consider what a potential move or expansion of manufacturing facilities to the US could mean for all aspects of their business.

  • A homecoming for US manufacturing? Why a resurgence in US manufacturing may be the next big bet

    9/12/12 | Industrial products

    The manufacturing sector in the US is rebounding. Factors that could impact reshoring decisions include labor, materials, transportation/energy costs, market demand, the availability of talent and capital, tax rates, and currency fluctuations.

  • Dataline
    Dataline: SEC adopts conflict minerals rule -- Public and nonpublic companies in many industries are affected (revised January 29, 2013) (No. 2012-10)

    9/11/12 | Assurance services

    On August 22, 2012, the SEC approved a final rule requiring certain issuers to publicly disclose their use of conflict minerals [tantalum, tin, tungsten, and gold] and whether those minerals originated in the Democratic Republic of the Congo ("DRC") or adjoining countries (“covered countries”). This Dataline looks at the key provisions of the final rule. Also included is a supplement on frequently asked questions on conflict minerals.

  • Intersections: Q2 2012

    8/20/12 | Industrial products

    Merger and acquisition activity in the transportation and logistics industry showed signs of remaining on pace to exceed 2011 deal value. Prospects for mergers and acquisitions look promising for the second half of the year.

  • Assembling value: Q2 2012

    8/20/12 | Industrial products

    Second quarter merger and acquisition activity in the industrial manufacturing sector remained weak as demand continues to lessen due to the EU crisis. Financial investors are waiting for better clarity on growth prospects in the sector. Divestitures continue to drive M&A activity.

  • Chemical compounds: Q2 2012

    8/20/12 | Industrial products

    Chemical industry merger and acquisition deal volume improved slightly during the second quarter while deal value declined due to a decrease in large deals. The global economy continued to slow deal activity in the Eurozone, China, and India.

  • Mission control: Global aerospace & defense industry M&A analysis: Q2 2012

    8/15/12 | Aerospace & defense

    PwC's quarterly analysis of global merger and acquisition (M&A) activity in the aerospace & defense (A&D) industry provides an overview of Q2 M&A results, significant drivers of these results, and expectations of deal activity in future quarters. Overall activity in the sector recovered during the second quarter of the year, after a lackluster first quarter. Additionally, US participation in M&A decreased and the balance of deal making shifted more toward emerging markets, in particular the BRICs.

  • Value chain maturity: Focus on commercial aviation spares forecasting best practices

    8/9/12 | Aerospace & defense

    With an asset and working capital intense environment, the ability of companies to react to a changing demand is paramount for continued growth and customer satisfaction. PwC has identified opportunities to incorporate leading practices into commercial aviation spares forecasting.

  • Intersections: Transportation and logistics industry merger & acquisitions

    5/31/12 | Industrial products

    This edition of PwC's quarterly analysis of global M&A activity in the transportation & logistics industry reveals that the number of deals announced during the first quarter is on par with the previous quarter; however there has been a big jump in total and average deal values. This is mainly due to five mega-deals announced this quarter, defined as announcements with a disclosed value of at least $1 billion. There were 11 total mega-deals announced last year.

  • Mission control: Q1 2012

    5/18/12 | Aerospace & defense

    PwC's quarterly analysis of global merger and acquisition (M&A) activity in the aerospace & defense (A&D) industry reports that deal activity slowed this quarter from the robust level of 2011. While the overall level of deals declined significantly, we believe that there are a multitude of potential drivers of M&A activity in 2012 that could lead to an increase in deal activity for the remainder of the year.

  • Assessing tax: 2012 tax rate benchmarking study for industrial products and services companies

    5/15/12 | Industrial products

    Assessing tax provides benchmarking data from industrial products and services companies including aerospace and defense, chemicals, engineering and construction, industrial manufacturing, metals, and transportation and logistics. The report provides a detailed analysis of tax rate metrics for the companies benchmarked. This edition includes report on transfer pricing, supply chain management, and merger and acquisition activity.

  • Assembling value: First-quarter 2012 industrial manufacturing industry mergers and acquisitions analysis

    5/14/12 | Industrial products

    PwC's quarterly analysis of global M&A activity in the industrial manufacturing industry reports that in this quarter deal totals remain subdued with fears of the direction of global manufacturing. At the same time, the US leads the activity as companies pull out of Europe and China's manufacturing growth slows.

  • Chemical compounds: Q1 2012

    5/10/12 | Industrial products

    PwC's analysis of global M&A activity in the chemicals industryreports that volume and value of deal activity fell steeply this quarter, continuing a decline that began in the second half of 2011. Responding to concerns over poor first quarter earnings, companies may have shied away from deals to streamline operations and jumpstart earnings growth through organic means.

  • Aerospace & Defense: 2011 year in review and 2012 forecast

    5/8/12 | Aerospace & defense

    The A&D year in review and 2012 forecast analyzes the path the aerospace and defense (A&D) industry took through the recent year and provides an outlook at this year's performance.

  • Engineering growth: Q2 2012

    5/2/12 | Industrial products

    Engineering growth is a quarterly analysis of global merger and acquisition (M&A) activity in the engineering and construction industry. Our analysis reveals that the high level of uncertainty stemming from the European sovereign crisis, the slowdown in China’s growth, and the sluggish US economy took a toll on E&C deal activity during the second quarter.

  • Transportation & Logistics 2030 Vol.5: Winning the talent race

    3/29/12 | Transportation and logistics

    The fifth volume of the T&L 2030 series is a multi-faceted analysis of talent management in the transportation and logistics industry worldwide. It also contains strategies to help transportation and logistics companies improve their talent management.

  • Forging ahead: Metals industry merger & acquisition activity, Q4 2011

    3/26/12 | Metals

    PwC's quarterly analysis of global merger and acquisition (M&A) activity in the metals industry. Each edition includes a review of overall deal activity for the quarter and year-to-date.

  • Gaining Altitude: Supply chain and manufacturing: Focus on three "Vs" to improve supply chain management

    3/19/12 | Aerospace & defense

    Aerospace and defense executives should increase their value chain visibility, manage demand variability and increase velocity increase profitability. Seeing and managing can improve the cost structure and schedule of any program.

  • Podcast
    Engineering & construction industry podcast series: Part three

    Industrial products

    Current lease accounting is considered to be broken, most significantly for lessees. The method is complex and the dividing line between operating and finance leases is a "bright line" rule rather than being principles-based. The new proposed lease accounting rules aim to eliminate off-balance sheet accounting. In addressing these proposed rules, PwC's Engineering & Construction practice has released a new podcast to outline recent updates relating to the FASB/IASB joint lease project as well as the business and systems implications it has on engineering and construction companies.

  • Podcast
    Engineering & Construction industry podcast series: Parts one & two

    Industrial products

    The model for revenue recognition is changing and this may have a significant impact on the Engineering and Construction industry. In addressing these new standards, PwC's Engineering & Construction practice has developed a podcast series to outline the proposed changes in standards and help companies in the industry understand how these proposals may impact them.

  • Soaring or stalling: Can aircraft manufacturers prevent rate ramp-up problems?

    2/15/12 | Aerospace & defense

    Aerospace and defence manufacturers face potential supply chain issues as they ramp up production of large civil and military projects. Recent analysis on the A&D supply chain indicate that one-fifth of suppliers are not financially prepared to support the anticipated production increases.

  • Experience Radar 2012: Customer insights for the US airlines industry

    1/31/12 | Advisory services

    Experience Radar 2012 customer insights, challenges, and opportunities for the US airline industry

  • Dataline
    Dataline (Supplement): Revenue from contracts with customers - Aerospace and defense industry (No. 2011-35)

    11/22/11 | Assurance services

    The FASB and IASB released an updated exposure draft, Revenue from Contract with Customers, on November 14, 2011, and are requesting comments by March 13, 2012. In Dataline 2011-35, we share our analysis of and insight on the overall proposal. This industry supplement to Dataline 2011-35 provides specific examples and assessments of the potential affect of the updated proposal on the aerospace and defense industry.

  • Dataline
    Dataline (Supplement): Revenue from contracts with customers - Engineering and construction industry (No. 2011-35)

    11/22/11 | Assurance services

    The FASB and IASB released an updated exposure draft, Revenue from Contract with Customers, on November 14, 2011, and are requesting comments by March 13, 2012. In Dataline 2011-35, we share our analysis of and insight on the overall proposal. This industry supplement to Dataline 2011-35 provides specific examples and assessments of the potential affect of the updated proposal on the engineering and construction industry.

  • Dataline
    Dataline (Supplement): Revenue from contracts with customers - Industrial products and manufacturing industry (No. 2011-35)

    11/22/11 | Assurance services

    The FASB and IASB released an updated exposure draft, Revenue from Contract with Customers, on November 14, 2011, and are requesting comments by March 13, 2012. In Dataline 2011-35, we share our analysis of and insight on the overall proposal. This industry supplement to Dataline 2011-35 provides specific examples and assessments of the potential affect of the updated proposal on the industrial products and manufacturing industry.