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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.

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.

COVID-19: What’s Up and What’s Next?

Living with the day-to-day reality of COVID-19 can be challenging for individuals. Running a business in this pandemic era is an order of magnitude harder.

Okaloosa Manufacturing – Playing Well in a Great Sandbox

Machining, the military and magnificent beaches work well together in Okaloosa County, Florida. Famous sugar-white sands are frosting on the cake when companies examine the business-friendly climate, educational opportunities and quality of life in Okaloosa County.

Cobots Now Do Welding

Cobots, like other robot equipment, started in material handling applications. However, this year, Universal Robots is introducing welding applications and other heavy duty metal fabrication.