Machine tool orders fell sharply in January while the new coronavirus may delay the industry’s comeback, AMT – The Association for Manufacturing Technology, said today in a monthly report.
Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.
Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
The National Safety Council says it is highly alarmed to see that the mortality numbers for COVID-19 already have surpassed the total annual number of preventable, accidental deaths in 2018, the most recent year of final data—and it is only August. At this pace, COVID-19 likely will be the third leading cause of death in 2020, behind only heart disease and cancer.
The distribution agreement between Nikon Metrology, Inc. – Americas and WENZEL America sees two of the biggest global players for metrology create a new partnership in North America. This distribution partnership provides customers with a combination of CMMs and Nikon Metrology’s laser scanning technology.
There’s more to machining than machine tools and cutters. Shops also need an assortment of machine components to keep their CNC lathes and machining centers humming.
Automation has been an understandable focus in manufacturing for years now. And despite the recent wave of layoffs caused by the COVID-19 pandemic, the push will probably continue.
The National Association of Manufacturers has started its "Wear a Face Covering" ad campaign which says face coverings are vital to restarting businesses amid COVID-19.
Manufacturing will probably make significant changes at facilities as the sector adjusts to the novel coronavirus (COVID-19), consulting firm Deloitte said in a report.
