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U.S.: The Once and Future Manufacturing Leader

The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.

Caterpillar Profit Soars

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

Machining a Metal Panther

OPEN MIND Technologies & HAIMER Collaborate To Machine a Sleek Panther Figure from a single aluminum block.

Machine Tool Orders Surge in August

Machine tool orders surged in August on both a monthly and year-over-year basis, an indicator of the industry’s recovery from COVID-19.