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Boeing Reports Record Loss

Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.

Hardinge to Acquire Weisser

Hardinge Inc. and J.G Weisser GmbH & Co. KG have entered into a definitive agreement under which Hardinge will acquire Weisser.

Google Cloud Expands Relationship With Johnson Controls

Google Cloud today announced an expanded relationship with Johnson Controls that will involve the leading building technology and solutions company running SAP’s Enterprise Resource Pning Central Component (ECC) environment on Google Cloud.

U.S.: The Once and Future Manufacturing Leader

The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.