Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 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 Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
Michigan Manufacturing Technology Center Announces Two Promotions February 19, 2020 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.
The Anatomy of a Telescopic Gauge March 4, 2020 Telescoping gauges are indirect measuring devices used to measure the internal diameter of a bore, hole, groove, slot, etc. This T-shaped tool consists of a handle, two telescopic rods and a locking screw.
Marposs Announces new GEMDS System for Spindle Growth Monitoring February 26, 2020 The system provides real-time monitoring of spindle elongation on machine tools due to temperature changes or other causes of displacement.
Machine Tool Orders Fall in January, Coronavirus May Delay Industry Comeback March 9, 2020 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.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 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.
Ford Motor Reports 3Q Earnings Rebound October 28, 2020 Ford Motor Co. today reported a third-quarter earnings rebound on sales of trucks and SUVs. The automaker cautioned some bumps remain.
Manufacturing Expansion Accelerates, ISM Says November 2, 2020 Manufacturing expanded in October as new orders, production and employment all improved, the Institute for Supply Management said today.
