New orders for durable goods rose 3.4 percent last month, paced by transportation equipment, the Commerce Department said today.
In 2020, most manufacturers focused on mitigating the impact of COVID-19, but mitigation is too little too late. Many companies learned that lesson after seeing how COVID-19 outbreaks affected either their own facilities or other manufacturing firms.
2020 was certainly an unusual year—for SME, for our industry, and for the world. There is no question that these unusual times will carry over into 2021. Unusual does not necessarily mean bad; it just means different. Often hidden within those differences are opportunities.
Kyocera Corp. said it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan.
Marposs said its Artis CTM Tool and Process Monitoring System has played a role in a 2020 Henry Ford Technology Award (HFTA) winning program focused on Torque Monitoring of Gear Machining Processes.
The Federal Aviation Administration lifted a grounding order on Boeing Co.'s 737 Max that had been in effect since early 2019.
Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.
Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
Manufacturing added 21,000 jobs last month, paced by gains in transportation equipment, the U.S. Bureau of Labor Statistics said today.
Automating machining operations is at the top of the list of goals for most manufacturers, as needs and capital expenditure budgets allow.
