Italian Machine Tool Orders Start to Grow April 20, 2021 In the first quarter 2021: again (+48.6%), domestic orders +157.9%, foreign orders +30.5%
Boeing Posts Quarterly Loss, Sees 2021 as ‘Inflection Point’ April 28, 2021 Boeing Co. today reported a first-quarter loss while indicating results mostly improved from the same period in 2020. The Chicago-based aircraft maker also said this year may be the start of a comeback for aerospace.
GM Quarterly Profit Surges May 5, 2021 General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.
Machine Tool Orders Surge in March, AMT Says May 10, 2021 Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.
ZEISS to Acquire Capture 3D May 11, 2021 ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.
3D Systems Announces Two Acquisitions May 11, 2021 3D Systems announced plans for acquisitions of two companies.
Boeing Extends Retirement Age for CEO April 20, 2021 Boeing said its Board of Directors has extended the company's age-65 standard retirement to age 70 for CEO David L. Calhoun. Calhoun, 64, has been the company's chief since January 2020.
New Tech Offers Improved Drilling Productivity for Steel, Cast Iron April 28, 2021 Holemaking in steel and cast iron up to one inch in diameter is one of the most widely used metalworking processes. What is driving drilling and tapping performance are advances in substrate, coatings, three-flute designs, and combination tools. Just as important are advances in coolant delivery, using different size holes and shapes to facilitate chip evacuation.
Taking on the Tough Stuff May 14, 2021 Better wheels and more capable machines add to grinding’s edge on tough materials
Deep Hole Drilling Demands Precise Coolant Control April 26, 2021 Today’s deep hole drilling systems control coolant much the same as they would a machine’s spindle or axes. Careful management of coolant pressure, filtration, temperature and flow rate is key to optimizing deep hole drilling.