General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.
Ford Motor Co. said today it had a second-quarter profit thanks to a gain in its investment in autonomous vehicle company Argo AI.
Vibration caused injuries drop greater than 50%. Man hours cut as much as 75%
United States light vehicle sales have expanded for seven consecutive years—the longest uninterrupted market expansion since 1917.
Ford Motor Co. said it's working with 3M and GE Healthcare to increase the production of medical equipment because of the novel coronavirus (COVID-19).
Fiat Chrysler Automobiles announced additional actions to assist with COVID-19 efforts, including the production of protective face masks.
The auto industry’s constraint in introducing new models because of a labor shortage to make dies, molds, jigs, fixtures and other tooling will be the focus of a conference next month.
Worldwide light-vehicle sales are forecast to tumble 22 percent this year as the novel coronavirus (COVID-19) hits the global economy and depresses demand, IHS Markit said today.
A study of small- to medium-sized manufacturers indicated a majority of those surveyed indicated they are operating at reduced capacity.
U.S. manufacturing lost 1.33 million jobs in April as the novel coronavirus (COVID-19) slammed the economy.