ATLANTA, June 17, 2008 (PRIME NEWSWIRE) -- MFG.com, the largest global online marketplace for the manufacturing community, today announced the launch of MFGWatch, a service for delivering market statistics, trends, and snapshots of commerce being conducted in the worldwide manufacturing marketplace. Buyers of custom parts, standard parts, and textiles use MFG.com as their primary "source" for connecting with a global network of suppliers, contract manufacturers, and factories. Over $15 billion worth of manufactured goods have been sourced through MFG.com, with millions more sourced everyday by a community of 160,000 members and growing. This exclusive market visibility provides MFG.com unprecedented insight into the domain of industrial commerce and business trends around the globe. Founded in 2000, MFG.com, Inc. is based in Atlanta, GA, with offices in North America, Europe, and Asia.
MFGWatch is designed to provide relevant manufacturing information to those entities reporting on the global manufacturing economy. Working together with MFG.com, editors, reporters, and industry analysts can capture statistics, discover market trends in the U.S. or worldwide, and leverage the large MFG.com membership for polls and surveys. MFGWatch differs from traditional manufacturing data sources given the real-time nature of the information.
"The manufacturing economy is arguably the largest in the world," said Mitch Free, Founder and CEO, MFG.com. "Much of the market data and information being reported today is dated and not forward looking. MFGWatch pulls from a live, active marketplace and provides more accurate visibility into the current state of the worldwide manufacturing economy."
MFGWatch is available to editors, reporters and industry analysts around the globe. For more information about MFG.com's MFGWatch service, contact Lindsay Bradshaw at 678-556-2973 or lbradshaw@mfg.com or Belinda Jones at 860-399-1147 or belinda.jones@hitechmarketing.com.
About MFG.com
MFG.com is the Internet based platform upon which the global manufacturing industry conducts business. MFG.com's open platform enables companies of all sizes from around the globe to intelligently connect, source, collaborate and perform due diligence with transparency and intellectual property protection. The MFG.com platform supports virtually all manufacturing process and industrial components, is in 10 languages, 12 currencies and has over 100,000 users on five continents. MFG.com has offices in North America, Europe and Asia. For more information about MFG.com, please visit www.MFG.com.
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Link to Press Release: http://marketing.mfg.com/random/MFG-Watch_FINAL.doc