Siemens, Ingersoll Expand Partnership October 27, 2020 Siemens and Ingersoll Machine Tools said they have expanded a digital enterprise partnership.
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.
Mazak Optonics Expands N. American Headquarters October 7, 2020 Mazak Optonics has confirmed expansion plans for its North American headquarters in Illinois.
FANUC Recognized by General Motors as a 2019 Supplier of the Year Winner July 22, 2020 FANUC was named a GM Supplier of the Year by General Motors during a virtual ceremony honoring the recipients of the company’s 28th annual Supplier of the Year awards on June 24.
Making Robots Smarter and Safer August 19, 2020 COVID-19 has taught manufacturers a valuable lesson: when humans fall ill, machine tools and equipment sit idle. Granted, they already knew it, just as they knew that employees take lunch breaks and vacations, arrive late because their car won’t start, and go work at the shop down the street for fifty cents more an hour.
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.
Pandemic makes case for more automation, robotics September 21, 2020 CEO Jason Walker and part of his team at Waypoint Robotics had just returned from the Modex 2020 show in Atlanta when the governor of his company’s home state imposed a stay-at-home order because of COVID-19.
Norton Introduces New FAB Buffing Wheels February 6, 2020 Saint-Gobain Abrasives announced the introduction of its new Norton FAB (Fixed Abrasive Buff) buffing wheels that virtually eliminate the need to use buffing compounds.
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).
Manufacturing Loses 12,000 Jobs, Paced by Motor Vehicles February 7, 2020 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.