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.
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.
Today, Formlabs continued turning additive manufacturing’s talk into action with the release of the company’s newest material, Tough 1500, part of Formlabs’ Engineering Resin segment. Designed for the company’s stereolithography (SLA) 3D printers, Tough 1500 Resin enables engineers, designers and manufacturers to create stiff, yet pliable, parts that bend and spring back quickly under cyclic loading, according to the company.
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.
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.
Infinite Material Solutions LLC announced the launch of a water-soluble 3D printing support material called AquaSys® 180.