Manufacturing employment declined by 10,000 jobs last month and results were even worse in durable goods industries, the U.S. Bureau of Labor Statistics said today.
Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.
FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.
Manufacturers may look to investing in digital technology as they seek to recover from the COVID-19 pandemic, consulting firm Deloitte said this week in a report.
U.S. manufacturing added 27,000 jobs last month, buoyed by gains in motor vehicles and parts, the Labor Department said today.
Machine tool orders gained in September as manufacturing recovered from a severe recession.
3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
U.S. manufacturing added 53,000 jobs in March, with contributions from both durable and non-durable goods, the U.S. Bureau of Labor Statistics said.
Machine tool orders posted a year-over-year gain in January, the third straight month with such an increase, AMT – The Association for Manufacturing Technology said today.
