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Manufacturing Surges in February

Manufacturing hit the accelerator in February, with new orders, production and employment all contributing to a strengthening economy, the Institute for Supply Management said today.

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.

Fast Times for Machine Spindles

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?

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

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

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.