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.
Fast Times for Machine Spindles January 20, 2021 Driven spindles are the technical core of a machine tool, supplying the power to turn the cutting tools that shape our products and our world. Attaching one to a five-axis movement creates an advanced CNC machine.
VMCs: How Many Axes Do You Really Need? January 18, 2021 The three-axis vertical machining center (VMC) has long been the go-to machine tool for many small to medium-sized shops. Their use is well-understood. Compared to more complex machinery, it’s easier to find operators for three-axis machines.
Making HMCs Nimble Enough for Small Jobs January 14, 2021 Horizontal machine tools (HMCs) have typically been used for longer run production jobs. But as lot sizes decrease, machine builders and their partners have introduced new technologies that speed setups and generally make HMCs nimbler. So much so that one should probably rethink the role HMCs serve.
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.
Manufacturing Industry Asked to Participate in Survey of Reshoring Opportunities January 21, 2021 What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing?
Manufacturing Forecast to Expand in 2021 January 19, 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 January 15, 2021 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 January 14, 2021 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.
Companies are Building a Future in Florida January 26, 2021 Thanks in part to its pro-business policies, strong workforce, and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing.