Machine Tool Orders Surge in September November 9, 2020 Machine tool orders gained in September as manufacturing recovered from a severe recession.
Manufacturers May Turn to Digital to Recover From Pandemic December 9, 2020 Manufacturers may look to investing in digital technology as they seek to recover from the COVID-19 pandemic, consulting firm Deloitte said this week in a report.
3D Systems to Sell Cimatron, GibbsCAM November 3, 2020 3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
Financial Executives Express Concern About COVID-19 in PwC Survey March 16, 2020 Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).
Auto Industry Gets Back Into Gear Following COVID-19 Shutdown August 17, 2020 The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.
Six Trends to Watch for in Aerospace and Defense This Year October 7, 2020 The world has changed remarkably in 2020. The new decade began with a sense of optimism and historically strong economies in both the commercial aerospace and defense sectors.
NAM Survey Finds Use of PPP September 10, 2020 The National Association of Manufacturers said a quarterly survey shows strong use of liquidity programs like the Paycheck Protection Program and Main Street Lending Program.
Shift Happens! August 4, 2020 Last March when the pandemic hit, we had to shift in a lot of different ways, didn’t we? The lessons we learned and the actions we took in our personal and business endeavors during the early weeks of the pandemic may become a permanent pattern in the fabric of our lives.
IMTS 2020: A Show in Print July 29, 2020 The International Manufacturing Technology Show (IMTS), which would have been held in September in Chicago, has been canceled for the first time since World War II.