Orders for durable goods fell in February on a decline in orders for motor vehicles and parts, the U.S. Commerce Department said today.
Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.
Manufacturing employment rose in May, receiving a major boost from motor vehicles and parts where people returned to work after temporary layoffs.
3D Systems said it agreed to sell its On Demand Manufacturing Business.
The IM-8000 dimensional measurement system has a rotary unit, which allows for 360-degree measurement capability on both turned and machined parts.
Boeing said its Board of Directors has extended the company's age-65 standard retirement to age 70 for CEO David L. Calhoun. Calhoun, 64, has been the company's chief since January 2020.
Manufacturing accelerated in March to its highest level in almost 40 years, the Institute for Supply Management said today.
Power management company Eaton and Tenneco announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet upcoming emissions regulations.
Xometry, a marketplace for on demand manufacturing, has announced that George Hornig will serve as the company's first Chairman of the Board.
Recruiting, training and retaining manufacturing workers is a constant challenge. The skills gap is real and growing, but the manufacturing industry has several tools to deal with this challenge.