The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.
Promess Inc. has implemented a significant expansion of its manufacturing capabilities with the acquisition of a fully-equipped, 45,000 square foot facility in Brighton, Mich.
The COVID-19 black swan event disrupted the global economy and forced companies to rapidly rethink their processes, operations and supply networks.
Like the United Nations’ international delegates who use interpreters to understand each other, robots, machines and other industrial components from various vendors speak different computer languages and need translators to help them communicate.
LIFT recently expanded the focus of its desire to “create innovations faster, better and cheaper” to the materials, processes and systems involved in moving innovations from concept to commercialization.
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.
Okuma America Corp. has announced that select machines from Okuma's core product line now come equipped with the Advanced One Touch-Interactive Graphics Function.
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 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.
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?
