Caterpillar Inc. posted a higher fourth-quarter profit as revenue increased and demand rose for the company’s heavy equipment.
Boeing Co. today reported a fourth-quarter loss after taking a $3.5 billion pretax charge related to costs to fix its troubled 787 Dreamliner program.
Polar has successfully “hired” a robot with Formic, realizing a return on investment from the second the robot turned on.
Recent advances have made factory optimization better, easier and more cost-effective, according to leadership at Advanced Manufacturing International Inc. (AMI).
U.S. cutting tools orders rose in October compared with a year earlier.
Aegis Software, a global provider of Manufacturing Operations Management Software (MOM/MES), announces that Lockheed Martin’s Lufkin facility has connected key SMT machines of all key types using the IPC-CFX standard.
Machine tool orders surged in November, AMT – The Association for Manufacturing Technology said today in a monthly report.
Eaton said it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.
