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.
Thanks in part to its pro-business policies, strong workforce, and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing.
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.
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.
What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing?
The creation of Stellantis through the merger of PSA and Fiat Chrysler is the newest test of the workforce of the former Chrysler Corp.
Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.