Manufacturing (Mostly) Bounces Back After COVID-19 November 17, 2020 Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.
Manufacturing Expansion Accelerates, ISM Says November 2, 2020 Manufacturing expanded in October as new orders, production and employment all improved, the Institute for Supply Management said today.
Sandvik to Acquire Software Developer CGTech October 29, 2020 Sandvik AB has signed an agreement to acquire CGTech, Irvine, Calif., a global developer of software for numerical control (NC/CNC) simulation, verification and optimization.
Reshoring Operations in the Age of COVID-19: Part Two November 5, 2020 In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Digital Foundry Holds Virtual Groundbreaking November 2, 2020 The Digital Foundry at New Kensington, a new 15,044 square-feet innovation and manufacturing lab space that will use cutting-edge technologies to develop future-ready skills and improve business outcomes, has been unveiled.
Machine Tool Orders Surge in September November 9, 2020 Machine tool orders gained in September as manufacturing recovered from a severe recession.
3D Systems to Sell Cimatron, GibbsCAM November 3, 2020 3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
Durable Goods Orders Rise on Aircraft November 25, 2020 Durable goods orders rose last month, boosted by commercial and defense aircraft, the U.S. Commerce said today.
Manufacturers Say Cybersecurity Threats Starting to Overwhelm Resources November 17, 2020 Most manufacturing executives participating in a survey said cybersecurity threats are beginning to overwhelm their resources.
GM Quarterly Earnings Rebound November 5, 2020 General Motors Co. today reported a third-quarter earnings recovery on sales of high-profit trucks.