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Is Manufacturing in America Up or Down?

I have been confused lately by contradictory messages coming from people and news sources I pay attention to. On the one hand I hear and read—from knowledgeable sources—that manufacturing in the U. S. is becoming “hollowed out.”

Caterpillar Profit Slips Due to Pandemic

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.

Boeing Reports Record Loss

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.

Formlabs Expands Additive Manufacturing Reach with Fuse 1 SLS Printer

Formlabs, known for its line of desktop stereolithography (SLA) printers, is looking to expand its 3D printing reach with availability of its new Fuse 1 benchtop industrial selective laser sintering (SLS) 3D printer. Under development for nearly seven years, the Fuse 1 marks a notable change for Formlabs as they expand into a new additive manufacturing process.

Model-Based Definition in the Tiers

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?