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.
As laser manufacturing systems for sheet and tube grow more sophisticated—powerful, automated and scalable—navigating the wealth of choices might feel daunting.
Prima Power Laserdyne has relocated and expanded its manufacturing and operations center. During February, Prima Power Laserdyne moved from its old location in Champlin, Minn., to the new facility in Brooklyn Park, Minn.
MC Machinery Systems has named Craig Barbeck to the MC Machinery team as a Regional Sales Representative for the Northern Ohio Territory. Barbeck will support the sales team with a focus on laser and press brake products.
Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).
U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
Ford Motor Co. said today it’s suspending its stock dividend and tapping credits lines to ensure it has enough cash amid the outbreak of the coronavirus (COVID-19).
Tony Hemmelgarn, CEO, offers free subscriptions to learning memberships, limited time licenses in key software offerings for workers and students.
General Motors Co. and medical equipment maker Ventec are accelerating their partnership code to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak, according to a Reuters report.
