George Hornig Named Chairman of the Xometry Board of Directors March 22, 2021 Xometry, a marketplace for on demand manufacturing, has announced that George Hornig will serve as the company's first Chairman of the Board.
Manufacturing Index Accelerates to Four-Decade High April 1, 2021 Manufacturing accelerated in March to its highest level in almost 40 years, the Institute for Supply Management said today.
Manufacturing Jobs Rise With Boost From Motor Vehicles June 4, 2021 Manufacturing employment rose in May, receiving a major boost from motor vehicles and parts where people returned to work after temporary layoffs.
GM Profit Rebounds in Quarter February 10, 2021 General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.
Caterpillar Profit Slips Due to Pandemic January 29, 2021 Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.
Machine Tool Orders Surge in May July 12, 2021 Machine tool orders rose in May both on a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
Durable Goods Orders Increase in May Based on Transportation June 24, 2021 New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.
FABTECH to Return to Chicago’s McCormick Place in September June 21, 2021 FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.
Workforce Development for Global Competitiveness June 24, 2021 A widening skills gap threatens U.S. manufacturing competitiveness and consequently our economy. A talent pipeline with a sufficient supply of properly aligned skills is imperative to meet U.S. manufacturers’ needs for capacity, productivity and innovation.
Developing Next-Gen Manufacturing Professionals June 18, 2021 Recruiting, training and retaining manufacturing workers is a constant challenge. The skills gap is real and growing, but the manufacturing industry has several tools to deal with this challenge.