MG Mori’s 2017 annual press conference in Pfronten, Germany, set the course for the future of the Global One Company in what is expected to be a highly competitive year.
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Automotive supplier Faurecia (Nanterre, France) decided it needed to get serious about Industry 4.0 fast.
I traveled to Toyota headquarters in Japan with Jeff Liker for a research project. We wanted to learn more about the engineering and collaboration that created the Toyota New Global Architecture (TNGA), the strategy and innovation behind hydrogen vehicles, and how they had adapted and improved their development system to meet the increasing demands of the ultra-competitive global auto industry.
The growing skills gap is causing trepidation among manufacturers and the lack of millennials building careers within the industry is part of the concern.
In 2018, CNC Software Inc., Tolland, Conn., reached several milestones: its 35th anniversary as a company, 250,000th installation, a new user website and the introduction of Mastercam 2019.
Erik Anderson, president and CEO of Basin Precision Machining LLC, has determined that setups are the root of all evil when it comes to manufacturing productivity. They cause part variations, downtime, and high-percentage scrap rates.
When a manufacturer has excess inventory not adding value to the process, the inventory is hurting the company’s balance sheet, and is by definition wasteful.
Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
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.
Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.