Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
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The demand for high-quality gear teeth in areas such as electric mobility comes with great challenges. or example, in many applications generating grinding with corundum is a good solution, but this abrasive also has disadvantages in some applications. Grinding special geometrical modifications could, for example, have a negative effect.
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.
Product lifecycle management (PLM) software helps manufacturers manage, shape, guide, and refine new product developments, speeding up the design and production process.
Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.
Mitsui Seiki USA Inc., Franklin Lakes, N.J., has announced the appointment of Kyal Machine Tools Ltd. as its exclusive representative for machine tool sales and service in the United Kingdom and the Republic of Ireland.
Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.
Humatics Corp. and Eckhart Inc. this week demonstrated a new factory automatic guided vehicle (AGV) capable of changing routes on the fly.
GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.