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Industrial M&A Falls in 2019

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

Caterpillar Profit Rises Despite Lower Revenue

Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.

PLM Takes On Digital Transformation

Product lifecycle management (PLM) software helps manufacturers manage, shape, guide, and refine new product developments, speeding up the design and production process.

Aerospace Automation Picks Up the Pace

With thousands of fastener locations that need to be drilled and filled to complete a plane, drilling and fastening remain the largest areas of opportunity for automated robotics applications in aerospace. New developments are also making robots more attractive than ever in the aerospace and defense space—especially improved rigidity and accuracy in the robots themselves.