Respondents in a survey said supply chain planning drives better business performance.
Crafts Technology, Elk Grove Village, Illinois, said it is rush-producing CraftAlloy tungsten carbide pin tooling to be used in injection molding machines that make vials for COVID-19 testing.
The Association for Manufacturing Technology Board of Directors, which represents more than 600 builders and distributors of machine tools, manufacturing machinery, and related products, announced that it elected its 2020-2021 Board of Directors at its Annual Business Meeting held virtually on April 2, 2020.
U.S. manufacturing is “stepping up” to produce medical products needed to treat cases of the novel coronavirus (COVID-19), the head of a major trade and lobbying group said today.
Amid predictions of global economic slowdowns and several recent PMI readings indicating manufacturing contraction, it becomes easy to see how slow production performance and data inefficiencies throughout the manufacturing supply chain contribute to economic uncertainty and concerns for future business.
NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.
Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.