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Bosch Rexroth announced its President and Chief Executive Officer Gregory Gumbs will leave the company July 1, 2023.
Manufacturing jobs overall were little changed in May, according to a breakdown by industry released today by the Bureau of Labor Statistics.
Automakers may fall short of their targets for electric vehicles, an auto industry forecaster said .
The manufacturing economy will continue to expand this year but at a slower pace than previously forecast, the Institute for Supply Management said today.
Manufacturing added 11,000 jobs in April with durable goods doing the heavy lifting.
Contraction in the U.S. manufacturing economy deepened in March, the Institute for Supply Management said today.
The U.S. is on its way to becoming a manufacturing powerhouse again, but the White House can do even more by pushing the industry to digitize operations.
