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Toyota Donates $5M to American Center for Mobility

Toyota Motor North America (TMNA) and the Toyota Research Institute (TRI) announced today their intent to support the American Center for Mobility (ACM) as a Founder-level sponsor with a $5 million contribution.

Northrop Grumman Lands $9.6-M Navy Torpedo Contract

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

GE Unveils New Digital Manufacturing Features

Today at Minds + Machines Europe, GE (NYSE: GE) charted the course for digital industrial growth, unveiling new solutions that are purpose built for industrial assets, environments and operations. The event outlined the path to greater productivity for customers who take advantage of advances in the company’s leading Asset Performance Management (APM) and ServiceMax industrial applications, powered by Predix, GE’s platform for the Industrial Internet.

Simulating is Believing

Simulation tools are making it much easier for manufacturers to optimize their processes, visualizing the entire path of production from NC metalcutting simulations through 3D design and factory-floor imaging.

Making Sense of the Digital Thread

Siemens PLM has a strategy to reinvent manufacturing by threading digital information from concept, through design to monitoring performance in the field. It is easy to get confused as to what all this means, but some concrete examples and definitions help explain it all.

Machinery Industry Is Healthy, Expanding

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.