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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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.
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.
Machine tool orders fell sharply in January while the new coronavirus may delay the industry’s comeback, AMT – The Association for Manufacturing Technology, said today in a monthly report.
Vollmer of America has announced an Open House Celebration for its new facility in Findlay Township, Pa., scheduled for Oct. 22-23. Vollmer broke ground on May 11, 2019 at the new site, near Pittsburgh International Airport.
Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.
According to a survey, companies are investing more in quality as a strategic business growth initiative that brings a significant return on investment.
General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
This is a digest of news items focusing on how manufacturers are aiding the global response to the COVID-19 pandemic.