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Manufacturing Surges in February

Manufacturing hit the accelerator in February, with new orders, production and employment all contributing to a strengthening economy, the Institute for Supply Management said today.

Advanced Toolholding Secures Part Quality for High End Job Shop

From the moment Norbert Kozar, CEO, took charge of Precision Swiss Products Inc. in 2007, he steered the Milpitas, Calif.-based job shop on a trajectory toward achieving both ISO 13485 certification and AS 9100 certification in a few short years.

GM Profit Rebounds in Quarter

General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.

Caterpillar Profit Slips Due to Pandemic

Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.

Manufacturing Forecast to Expand in 2021

Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.

Desktop Metal to Acquire EnvisionTEC

Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.

Amatrol Joins LIFT as Member

LIFT announced that Amatrol, a manufacturing training company, has joined the manufacturing institute as a member.