Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).
Shrinking availability of skilled labor and continual cost-reduction pressures are magnifying the importance of manufacturing systems, services and integrated solutions, according to machine tool importer and distributor Absolute Machine Tools Inc., Lorain, Ohio.
U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
In this podcast discussion with Rick Schultz of FANUC America and Bruce Morey, Senior Technical Editor for Manufacturing Engineering Magazine, current practices in aerospace machining is dissected. Many shops today stick with the tried and true to reduce risk to schedule and profit, but that tried and true is stuck in the 1980s and 1990s. Rick discusses practical ways to get the most out of 21st century machining technology, by programming for the part and not the machine.
A survey by the Institute for Supply Management indicates the supply chain impact of the novel coronavirus (COVID-19) worsened over March.
Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
Ford Motor Co. said today it’s suspending its stock dividend and tapping credits lines to ensure it has enough cash amid the outbreak of the coronavirus (COVID-19).
Tony Hemmelgarn, CEO, offers free subscriptions to learning memberships, limited time licenses in key software offerings for workers and students.
General Motors Co. and medical equipment maker Ventec are accelerating their partnership code to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak, according to a Reuters report.
Durable goods orders rose in February before the novel coronavirus (COVID-19) began to hit the U.S. economy.
