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Ford Third-Quarter Profit Declines

Ford Motor Co. said Wednesday its third-quarter profit declined from a year earlier amid the semiconductor shortage while promising better days ahead.

Machine Tool Orders Rise in September

Machine tool orders gained in September as manufacturing’s recovery from the COVID-19 pandemic maintained momentum, AMT – The Association for Manufacturing Technology said today.

Turbine Repair Firm Fills the Talent Gap

CRT, a turbine repair firm, is working with Tooling U-SME to educate its workforce. With more than 300 different courses in machining and an extensive library available in welding and inspection, CRT is pleased with the breadth of content.

Eaton Says OEM Selects Its Tech for EV Platform

Eaton today said its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle.

GM Quarterly Profit Surges

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.