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GM Profit Rebounds in Quarter

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

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.

Manufacturing Forecast to Expand in 2021

Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.

Desktop Metal to Acquire EnvisionTEC

Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.

Fuji Introduces Multitasking Machine

Fuji Machine has introduced its GYROFLEX Ultimate Multitasking Machine. According to Fuji, the GYROFLEX offers the flexibility to meet a variety of production demands, from low production volume and parts prototyping to high-volume and high-mixed production.

Amatrol Joins LIFT as Member

LIFT announced that Amatrol, a manufacturing training company, has joined the manufacturing institute as a member.

Babcock Orders Three PEMA Shipbuilding Automation Lines

Babcock International Group has placed an order for a set of PEMA welding and production lines for shipbuilding at its Rosyth site in Scotland. In total, the order includes three lines; PEMA Thin plate panel line, PEMA Micro panel line, and PEMA T-beam fabrication line.