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.
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.
Drive for EVs Challenges Auto Industry as Never Before June 16, 2021 Automakers during this decade face a big challenge. They are having to invest in electric vehicles. But EVs, at least for now, won’t generate the profits of conventional vehicles, according to an annual report by consulting firm AlixPartners.
Manufacturing Jobs Rise With Boost From Motor Vehicles June 4, 2021 Manufacturing employment rose in May, receiving a major boost from motor vehicles and parts where people returned to work after temporary layoffs.
Altair: Helping Rolls-Royce engineers extract benefits of AI, ML from reams of data June 2, 2021 Designing new aerospace engines is challenging, but Rolls-Royce Germany turned to data analytics and AI to meet these challenges. The results? Reduced costs and shortened lead times.
3D Systems Agrees to Sell Unit June 1, 2021 3D Systems said it agreed to sell its On Demand Manufacturing Business.
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.
Manufacturing Index Accelerates to Four-Decade High April 1, 2021 Manufacturing accelerated in March to its highest level in almost 40 years, the Institute for Supply Management said today.