On an annual basis, machine tool orders dropped by 18.6% in 2020 versus 2019.
The creation of Stellantis through the merger of PSA and Fiat Chrysler is the newest test of the workforce of the former Chrysler Corp.
Honda Motor Co. this week began production of the 2022 Acura MDX. The company is using virtual reality, in combination with traditional training, to get output up to speed.
Boeing Co. this week said it agreed to pay more than $2.5 billion because of fatal crashes stemming from problems with the 737 Max. The company is looking to the settlement a way to move on from a corporate crisis.
GF Machining Solutions said it will transition in phases to a direct sales and support model in several key states.
October 2020 U.S. cutting tool consumption totaled $167.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
The SME Education Foundation has announced a new $2 million diversity, equity and inclusion scholarship to increase awards to underrepresented students, beginning in 2021.
