The National Association of Manufacturers said a quarterly survey shows strong use of liquidity programs like the Paycheck Protection Program and Main Street Lending Program.
Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
Leak detection testing is growing in importance with the development of electric and self-driving vehicles.
An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
The manufacturing, automotive and energy sectors are currently battling tremendous challenges as they respond to the unfolding COVID-19 crisis globally.
When an unanticipated global crisis like the COVID-19 pandemic disrupts national economies in a domino-like effect, a rapid response is required to mitigate supply chain disruptions.
The National Safety Council says it is highly alarmed to see that the mortality numbers for COVID-19 already have surpassed the total annual number of preventable, accidental deaths in 2018, the most recent year of final data—and it is only August. At this pace, COVID-19 likely will be the third leading cause of death in 2020, behind only heart disease and cancer.
New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
Tesla and the march to all-electric cars and trucks may get most of the press. But the reality is that most U.S. automakers need to tackle the twin challenges of building both new components unique to electric vehicles while also building internal combustion engines (ICEs) that are ever-more fuel efficient.
The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.