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Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.

In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.

Xometry today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection, and digital marketing solutions.

September 2021 U.S. cutting tool consumption totaled $163.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

GE Appliances, a Haier company, announced plans to invest more than $118 million to grow its cooking appliances business by expanding capacity and developing new cooking products at its wholly-owned subsidiary Roper Corp. in LaFayette, Ga.

Manufacturing sped up in November on improvements in new orders, production and employment, the Institute for Supply Management said today.

The continuing computer chip shortage and the ongoing COVID-19 pandemic will slow down the auto industry’s recovery, forecasting company IHS Markit said in a presentation today.

Boeing Co. today reported an operating profit for the third quarter as commercial aircraft deliveries improved. The company posted an overall loss on one-time costs.

Manufacturing in October continued operating at a strong rate while new orders – which fuel future growth – cooled somewhat, the Institute for Supply Management said today.

Caterpillar Inc. today said third-quarter earnings soared as the maker of earthmovers, mining trucks and other heavy equipment saw increased sales.