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.
The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
ARCH Global Precision said it has acquired LISI Medical Jeropa Inc.
The CEO of the National Association of Manufacturers said that manufacturers "stand with members of Congress who intend to uphold their constitutional responsibility and vote to certify the Electoral College tallies that resulted from free, fair and legal elections in the states."
Durable goods orders rose in November, paced by motor vehicles and parts, the U.S. Commerce Department said.
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).
Bosch said it is moving forward with volume production of silicon carbide chips.
Key steps are virtual twins and real relationships.
While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.
Automakers will need more flexible manufacturing with the shift to electric vehicles, plug-in hybrids and other powertrains, automation company ABB said today in a presentation.
