According to a survey, companies are investing more in quality as a strategic business growth initiative that brings a significant return on investment.
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.
Nihon Spindle Manufacturing Co., Ltd. has acquired all the shares of Leifeld Metal Spinning AG. The brands and company locations will remain unaffected, including Leifeld USA, located in Livonia, Mich.
Manufacturers across the world are responding to the COVID-19 pandemic in many different ways. These are some of their stories.
Reality regarding the novel coronavirus is setting in for financial executives, particularly those in manufacturing, consulting firm PwC said today.
Manufacturing has been in the middle of the outbreak of the coronavirus (COVID-19) from the start. The impact is expanding as the virus spreads.
Boeing Co. is looking for a new start with a new CEO trying to resolve big problems.