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The industry reached in November the highest point of use of installed capacity in the last two years. In fact, the use of manufacturing machinery rose to 63.1% during that month, which implied an improvement of 2.6 points compared to November 2019. In addition, it implied a rise of 1.5 in the comparison with October.

Thus, a dynamic was consolidated in which the industrial sector achieved an accelerated productive recovery, hand in hand with the reopening of sectors after the quarantine in its most rigid version.

The numbers were published by Indec through the Use of Installed Capacity in Industry (UCII) report. From the Ministry of Economy they highlighted that the use of facilities continued to grow after the 42% floor that it marked during April. During November, it was 3.9 points above the pre-Covid-19, in February.

In addition, they remarked that « growth occurred in six of the twelve items surveyed, while one of them remained stable and the rest cut their decline. »

The blocks that registered year-on-year growth were Non-metallic Minerals (9 points), Automotive (8.2), Metalworking (7.6), Food and beverages (5.6) Rubber and plastic (2.5) and Basic Metals (1 ,4). Chemicals remained stable. The rest slowed their contraction.

News Source: cvbj.biz

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Simon Cowell considering lawsuit against e-bike maker

Simon Cowell is considering suing the e-bike company that sold him the high-powered two-wheeler he was almost killed riding, according to a new report.

A former employee of the company Swind — which manufactures the EB-01 bike Cowell was flung from in August — claims the “America’s Got Talent” star is now weighing legal action that could seek up to $10 million in damages, The Sun reported.

Cowell broke his back in three places while riding the $20,000 bike outside his Malibu mansion. He underwent a six-hour surgery to repair his spine, and doctors inserted a metal rod into his back.

The Swind whistleblower claims the injuries could have been avoided.

“That thing is a death trap and should never have been sold to Simon without him being taught how to use it,” The Sun source reportedly said.

“I said to my boss, ‘Are you showing Simon how to use this?’ He said he was just dropping it off and I said, ‘Are you serious?’”

The bike can reach speeds up to 60 mph, closer to a motorcycle than a traditional e-bike.

“They knew at the ­factory this was extremely dangerous and it was discussed,” the source said, according to The Sun. “The only way to stop the bike flipping is to put your whole body over the front wheel.”

Cowell has also said he knew little about the bike before hopping behind the handlebars.

“Some good advice… If you buy an electric trail bike, read the manual before you ride it for the first time,” he tweeted.

Cowell is still in physical therapy and is recovering at his Malibu home.

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