Industry Shifts to Zero-Emissions September 8, 2021 Stephanie Brinley of IHS Markit provides an overview of the global auto industry, including how the drive for EVs is affecting automakers.
Manufacturing Pace Edges Up in August September 1, 2021 The pace of manufacturing improved slightly in August and continues at high levels, the Institute for Supply Management said today.
Platinum Tooling President Celebrates Four Generations and 100 Years in Metal Cutting December 6, 2021 In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.
Xometry Acquires Thomas December 8, 2021 Xometry today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection, and digital marketing solutions.
September U.S. Cutting Tool Orders Up 10.7% From September 2020 December 3, 2021 September 2021 U.S. cutting tool consumption totaled $163.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
GE Appliances Invests $118M in Georgia Plant December 21, 2021 GE Appliances, a Haier company, announced plans to invest more than $118 million to grow its cooking appliances business by expanding capacity and developing new cooking products at its wholly-owned subsidiary Roper Corp. in LaFayette, Ga.
Chip Shortage, COVID to Slow Auto Recovery, IHS Markit Says December 16, 2021 The continuing computer chip shortage and the ongoing COVID-19 pandemic will slow down the auto industry’s recovery, forecasting company IHS Markit said in a presentation today.
Boeing Returns to Profit as Plane Deliveries Surge July 28, 2021 Boeing Co. today reported a second-quarter profit as commercial aircraft deliveries soared compared with a year-earlier loss when COVID-19 hammered the aerospace industry.
Durable Goods Orders Fall in July August 26, 2021 New orders for durable goods slipped in July, paced by a decline in transportation equipment.
Ford Reports Quarterly Profit on Finance Unit July 28, 2021 Ford Motor Co. today reported a second-quarter profit with the automaker’s finance unit making up for losses in its vehicle operations.