Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.
Durable goods orders rose in November, paced by motor vehicles and parts, the U.S. Commerce Department said.
ARCH Global Precision said it has acquired LISI Medical Jeropa Inc.
Key steps are virtual twins and real relationships.
Bosch said it is moving forward with volume production of silicon carbide chips.
Power management company Eaton announced a $4.9 million award from the U.S. Department of Energy (DOE) to reduce the cost and complexity of deploying direct-current (DC) fast electric vehicle charging infrastructure (EVCI).
Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.
The acquisition of CAD/CAM pioneer Mastercam by Sandvik Manufacturing Solutions will help further tooling developments.
While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.
The most important step in digitizing any manufacturing or supply chain process is analysis of the ROI and business case and being able to demonstrate success to company leaders.
