In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
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Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.
Ford Motor Co. today reported a third-quarter earnings rebound on sales of trucks and SUVs. The automaker cautioned some bumps remain.
Manufacturing expanded in October as new orders, production and employment all improved, the Institute for Supply Management said today.
General Motors Co. today reported a third-quarter earnings recovery on sales of high-profit trucks.
Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.
Most manufacturing executives participating in a survey said cybersecurity threats are beginning to overwhelm their resources.
The National Safety Council announced that it is applauding President-elect Joe Biden for adding Dr. David Michaels to the Transition COVID-19 Advisory Board, ensuring that workplace safety has a voice on the task force, according to a statement.
LIFT recently expanded the focus of its desire to “create innovations faster, better and cheaper” to the materials, processes and systems involved in moving innovations from concept to commercialization.
Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.