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Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.

Grede said it has acquired some assets of Renaissance Manufacturing Group (RMG) Waukesha, LLC.

Nihon Spindle Manufacturing Co., Ltd. has acquired all the shares of Leifeld Metal Spinning AG. The brands and company locations will remain unaffected, including Leifeld USA, located in Livonia, Mich.

Automation has been an understandable focus in manufacturing for years now. And despite the recent wave of layoffs caused by the COVID-19 pandemic, the push will probably continue.

Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”

Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.

As we have all been navigating the many facets of this crisis, one thing has stood out: our strengthened sense of community. This overarching momentum of collaboration is impacting the reaction of businesses across the global supply chain.

The National Association of Manufacturers said a survey shows that while optimism has dipped, manufacturers are staying open or have only temporarily closed operations because of COVID-19.

Manufacturing operations face a multitude of cyber threats. The latest dangers from hackers include not only the theft of intellectual property but also malicious attacks that can cripple critical infrastructure, such as energy plants, utilities, and large-scale factories.

While manufacturers grapple with the day-to-day demands of the COVID-19 crisis, some industry analysts assert that now is also the time for businesses to prepare to thrive postpandemic.