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Caterpillar Profit Soars

Caterpillar Inc. today said third-quarter earnings soared as the maker of earthmovers, mining trucks and other heavy equipment saw increased sales.

Discovering the Keys to U.S. Manufacturing Recovery

The COVID-19 pandemic clearly proved challenging to the manufacturing industry in myriad ways. Now, as nations and industries begin to navigate their way forward as restrictions are lifted, manufacturers have an opportunity to put into practice some lessons learned.

Machine Tool Orders Surge in August

Machine tool orders surged in August on both a monthly and year-over-year basis, an indicator of the industry’s recovery from COVID-19.

Stratasys Acquires RPS

Stratasys Ltd. said it has acquired U.K.-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions.

Nexteer Expands Portfolio for EVs

Nexteer Automotive said it is expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).