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Caterpillar Profit Rises Despite Lower Revenue

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 M&A Falls in 2019

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

The Growing Role of Automation in Finishing Operations

Finishing operations have traditionally been manual, but automation and robotics are making major inroads in this key manufacturing process. In this podcast, Alan Rooks, Editor in Chief of Manufacturing Engineering magazine talks with Normand Stoycheff, Business Development Manager for AV&R, and Giovanni Bevilacqua, Business Development Manager also with AV&R about emerging trends in automation/robotics; the main reasons allowing robotics to evolve from traditional pick-and-drop usage to more elaborate processes; how robots help the surface finishing process throughout the industry; and how surface finishing operations are developing the capability to inspect and repair.

FANUC Named Top Workplace in 2020

FANUC, supplier of CNCs, robotics and ROBOMACHINEs, was named a top work place in Michigan by the Detroit Free Press for the ninth consecutive year. FANUC ranks 15 out of 30 companies in the large employer category in Michigan