Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.
Durable goods orders increased in December, aided by orders for machinery, the U.S. Commerce Department said today.
Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.
CAD/CAM is always rapidly developing. Manufacturing technology continues to evolve to increase productivity.
Thanks in part to its pro-business policies, strong workforce, and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing.
Can small and medium-sized manufacturers, Tier 2 or Tier 3 guys, use all-digital descriptions of part orders, dispensing with paper specifications and supplemental drawings to efficiently deliver parts?
On an annual basis, machine tool orders dropped by 18.6% in 2020 versus 2019.
The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
The North American Manufacturing Research Institution of SME (NAMRI | SME) brings together researchers from leading companies, government laboratories, academic institutions and industrial think tanks located around the world for the purpose of advancing the scientific foundation of discrete-parts manufacturing.
With product lifecycle management (PLM) software, manufacturers wield powerful tools to manage the massive transformations buffeting their industries.