Caterpillar Inc., the maker of heavy equipment, today reported an increased quarterly profit as sales improved and dealers boosted their stock of Cat machinery.
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Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.
The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.
Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.
3D Systems announced an expansion in Denver to support its health care solutions business and expand application development capabilities for its Application Innovation Group.
February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
Boeing Co.'s CEO got a vote of confidence when the board of the aircraft maker extended his retirement age.
Robert Bosch GmbH finds itself juggling how customers want to boost their electric vehicle offerings while continue improving traditional internal combustion engines.
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the launch of its first commercial-scale 27,000-square foot U.S. manufacturing factory.