Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
EMO 2021 Scheduled for October 2021 in Milan, Italy September 24, 2020 Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.
Auto Industry Gets Back Into Gear Following COVID-19 Shutdown August 17, 2020 The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.
Tackling Downtime and Inefficiencies with Software November 20, 2019 Turning to software over paper reports does more than just save trees. Chris Mahar, Associate Editor of Manufacturing Engineering, talks with David McPhail, President and CEO of Memex Inc., about how manufacturers can utilize technology to improve efficiency, reduce downtime and boost productivity and profits across their business.
NAM Leads Fights Against Counterfeit Products July 23, 2020 The National Association of Manufacturers has released a report about counterfeit manufactured products.
Italian Technology Award: Opens Doors, Enriches Engineering Education May 29, 2020 About 30 years ago, I was introduced to the amazing world of manufacturing. The Universal Co., a well-established home appliance manufacturer in Tehran, Iran, had already started to be equipped with advanced mechanisms and robots. There, my new work as a manufacturing engineer/die designer produced a deep, passionate love for manufacturing.
Rollomatic Inc. Appoints Joe Kane COO April 22, 2020 The Rollomatic Group has appointed Joe Kane COO for Rollomatic Inc. and Strausak Inc. Kane will continue to hold his position as president of Strausak Inc. The combined companies will further fill out their global presence in providing solutions for precision tool grinding.
ISM Survey Shows How COVID-19 Effects Worsened on Business April 14, 2020 A survey by the Institute for Supply Management indicates the supply chain impact of the novel coronavirus (COVID-19) worsened over March.
Cutting Tool Orders Rise in January March 12, 2020 Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
Ford Suspends Dividend, Taps Credit Lines Because of COVID-19 Pandemic March 19, 2020 Ford Motor Co. said today it’s suspending its stock dividend and tapping credits lines to ensure it has enough cash amid the outbreak of the coronavirus (COVID-19).
