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.
Automation, as applied to tool Presetters, references a variety of operational and communications features that can be incorporated in a machine or system customized for the special needs of an individual shop or a major manufacturing facility.
Composites call for optimized toolholding, writes an executive of Rego-Fix Corp.
Holemaking in steel and cast iron up to one inch in diameter is one of the most widely used metalworking processes. What is driving drilling and tapping performance are advances in substrate, coatings, three-flute designs, and combination tools. Just as important are advances in coolant delivery, using different size holes and shapes to facilitate chip evacuation.
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.
New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.
FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.