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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.

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.

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.

As laser manufacturing systems for sheet and tube grow more sophisticated—powerful, automated and scalable—navigating the wealth of choices might feel daunting.

Prima Power Laserdyne has relocated and expanded its manufacturing and operations center. During February, Prima Power Laserdyne moved from its old location in Champlin, Minn., to the new facility in Brooklyn Park, Minn.

MC Machinery Systems has named Craig Barbeck to the MC Machinery team as a Regional Sales Representative for the Northern Ohio Territory. Barbeck will support the sales team with a focus on laser and press brake products.

Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).

U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.

Welding has been around for millennia, but today’s technology doesn’t often benefit from the information- and feedback-rich technologies that its machining cousin does. Christopher Ripley, Director of Business Development, and Eduardo Almeida, Director of Engineering, Innovation and R&D for BrandTech®, sit down with Chris Mahar, Associate Editor, to talk about the company’s BrandTech® Precision Welding system and how its computer-controlled system differs from traditional stud welding.

Nikon Metrology's new Detector Evaluation Package in accordance with ASTM E2737 uniquely offers automated analysis of image data with performance trend analysis.