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U.S. manufacturing added 27,000 jobs last month, buoyed by gains in motor vehicles and parts, the Labor Department said today.

Machine tool orders gained in September as manufacturing recovered from a severe recession.

3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.

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.

Betting that the worst of the pandemic will be over and travel restrictions lifted, the 2021 edition the machine tool exhibition is putting out the welcome mat to the world.

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.

In an effort to help customers get their operations back up and running after a full or partial shut-down, Castrol, Lewiston, N.Y., is offering savings to those who trial and switch to Castrol industrial coolants.

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).

U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.

The Rollomatic Group has appointed Joe Kane COO for Rollomatic Inc. and Strausak Inc. Kane will continue to hold his position as president of Strausak Inc. The combined companies will further fill out their global presence in providing solutions for precision tool grinding.