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Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.

Mazak Optonics has confirmed expansion plans for its North American headquarters in Illinois.

NSK America Corp. has upgraded its Ultrasonic Polisher with the Sheenus ZERO. Enhanced features of the Sheenus ZERO Ultrasonic Polisher include an improved, user-friendly design and high efficiency power, according to the company.

Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.

CEO Jason Walker and part of his team at Waypoint Robotics had just returned from the Modex 2020 show in Atlanta when the governor of his company’s home state imposed a stay-at-home order because of COVID-19.

COVID-19 has taught manufacturers a valuable lesson: when humans fall ill, machine tools and equipment sit idle. Granted, they already knew it, just as they knew that employees take lunch breaks and vacations, arrive late because their car won’t start, and go work at the shop down the street for fifty cents more an hour.

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.

The Rollomatic Group has appointed Joe Kane COO for Rollomatic Inc. and Strausak Inc. Kane will continue to hold his position as president of Strausak Inc. The combined companies will further fill out their global presence in providing solutions for precision tool grinding.

Laser marking ensures safe traceability as well as counterfeit protection.

A survey by the Institute for Supply Management indicates the supply chain impact of the novel coronavirus (COVID-19) worsened over March.