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Manufacturing ramped up in May, improving from strong results the month before, the Institute for Supply Management said today.

At a Tier 1 automotive manufacturer in Mexico, it quickly became clear that AI in the factory was a fantastic solution to help human workers achieve greater levels of success; a human plus machine scenario where AI enhances the capabilities of, rather than replaces, human workers.

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.

Two manufacturers described establishing data-management systems to attendees of Dassault Systèmes’ virtual 3DExperience World in February.

Assisting Small and Medium-Sized Manufacturers with Industry 4.0/Smart Manufacturing Technology Adoption

How to step on the gas with regard to the long-planned digital transformation in manufacturing? Jaci Sager, VC Portfolio Manager at Caterpillar, and Paul Boris, Chief Revenue Officer at Praemo, have some answers. For teams that are seeing success, is it the technology they chose? Is it the leaders tasked with facilitating it? Or is it some combination of both? The answer might seem obvious, but the path is not.

Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.

Dixie County lost one of its largest employers in the 2007-2008 recession, a Georgia Pacific (GP) Lumber facility. For more than 10 years the mill remained closed, but with help from the North Florida Economic Development Partnership (NFEDP), a new buyer has reopened the mill, made millions in new investments and has a projected annual payroll of $5.5 million in a very rural county.

Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.

February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.