Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.
What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing?
Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.
Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.
Fuji Machine has introduced its GYROFLEX Ultimate Multitasking Machine. According to Fuji, the GYROFLEX offers the flexibility to meet a variety of production demands, from low production volume and parts prototyping to high-volume and high-mixed production.
Thanks in part to its pro-business policies, strong workforce, and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing.
LIFT announced that Amatrol, a manufacturing training company, has joined the manufacturing institute as a member.
Babcock International Group has placed an order for a set of PEMA welding and production lines for shipbuilding at its Rosyth site in Scotland. In total, the order includes three lines; PEMA Thin plate panel line, PEMA Micro panel line, and PEMA T-beam fabrication line.
Manufacturing growth accelerated in December fueled by new orders for products, the Institute for Supply Management said today.
Listen to this Smart Manufacturing magazine cover story: Twenty women making their mark in robotics & automation