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.
The SME Education Foundation has announced a new $2 million diversity, equity and inclusion scholarship to increase awards to underrepresented students, beginning in 2021.
FortiGaurd Labs recently reported that malware designed to attack industrial control systems is still a very lucrative attack method for cybercriminals. The EKANS ransomware family does just that, and manufacturers must be prepared for it.
The COVID-19 pandemic has caused major upheavals in manufacturing processes to avoid contamination while keeping supply chains intact.
Manufacturers are increasingly analyzing their supply chains to mitigate cybersecurity and environmental risks with the goal of building more secure, resilient, agile organizations, keynote panelists at the Best of SMX virtual event said in October.
