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.
Teenaged Jamie Yelle daydreamed as he pushed a broom across the floor of his father’s machine shop. As he cleared a path through aluminum chips, filings, and scraps of metal around the machinery, he imagined what the company would look like if he were at the helm.
Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.
Altair, a global technology company providing solutions in product development, high performance computing (HPC), and data analytics, has released a new version of Altair Knowledge Studio that it says brings greater speed, flexibility, and transparency to data modeling and predictive analytics.
Teamcenter X, a new software as a service solution, on the cloud helps enable quicker creation and delivery of a complete digital twin, with multi-domain design and bill of materials integration.
Despite the troubles of 2020 caused by the COVID-19 pandemic, more manufacturing firms are digitally transforming their businesses through pragmatic investments in new technologies.
The International Manufacturing Technology Show (IMTS), which would have been held in September in Chicago, has been canceled for the first time since World War II.
Last March when the pandemic hit, we had to shift in a lot of different ways, didn’t we? The lessons we learned and the actions we took in our personal and business endeavors during the early weeks of the pandemic may become a permanent pattern in the fabric of our lives.
CNC Software Inc., developer of Mastercam CAD/CAM software, has announced new 5-axis milling post processors for SINUMERIK-controlled machine tools. These new post processors were developed utilizing the technical expertise of Siemens CNC engineers.
