The Biden-Harris Administration allocates $22 million to propel smart manufacturing at small- and medium-sized facilities across the nation, bolstering domestic manufacturing, reducing carbon emissions, and advancing clean energy goals.
Economic activity in the services sector continues its upward trajectory, marking the ninth straight month of expansion. Despite a slight dip, the Services PMI reflects sustained growth, with key indices signaling positive trends.
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General Motors defies labor strikes and supply chain challenges, reporting a 21% year-over-year increase in Q3 sales, boosted by strong sales of electric vehicles and a robust market performance.
Spirit AeroSystems announces Patrick M. Shanahan as interim CEO, succeeding Thomas C. Gentile III, who resigned from the Board. Shanahan, a seasoned aerospace executive with Department of Defense experience, will lead the company while a search for a new CEO is conducted.
Tooling Tech Group has appointed Doug Jack as president of the company’s Die Cast division, consisting of the company’s G.H. Tool & Mold brand.
Jared Leick, machining center product group manager of Mazak Corp. discusses how horizontal machining and automation revolutionized production at Aerotech inc., enhancing precision and productivity in high-mix/low-volume manufacturing.
U.S. Manufacturing Shows Resilience Amid 11th Consecutive Month of Contraction
Northrop Grumman's SCRAM system revolutionizes additive manufacturing with integrated continuous carbon fiber for aerospace and defense. It offers cost-effective build-on-demand capabilities, streamlines certification processes, and enhances agility in responding to evolving customer needs.
