CGTech Releases VERICUT Version 9.2 July 2, 2021 CGTech has released the latest version of its VERICUT software, Version 9.2. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes.
U.S.: The Once and Future Manufacturing Leader May 21, 2021 The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Ford Posts Quarterly Loss, Plans to Boost EV Investment February 4, 2021 Ford Motor Co. said today its fourth-quarter loss widened while adding it plans to increase its investment in electric vehicles.
Comau Unveils Laser Labs for EV Batteries and Motors April 9, 2020 Dedicated in-house labs create and optimize laser welding processes for electric motors and batteries.
SmarTech Says Auto Additive Manufacturing Market to Reach $5.3B in 2023 June 21, 2018 Industry analyst firm SmarTech Publishing has just issued a new report that examines the current market for automotive additive manufacturing market including prototyping and tooling applications while focusing specifically on production of final parts.
Chrysler Implements Flexible Manufacturing June 6, 2016 Challenged by an increasingly niche-oriented automotive market, The Chrysler Group (Auburn Hills, MI) must increase the number of models it offers while decreasing its capital investment. The company plans to offer 50% more models in 2009 compared to 2004, according to John Felice, VP of manufacturing, technology and global enterprise for Chrysler.
The Increasingly Perfected Science of Machining Composites April 1, 2015 A 1965 Shelby Cobra 427 shown at the Detroit Auto Show was additively manufactured on a Cincinnati BAAMCI machine by DOE’s Oak Ridge National Laboratory (ORNL), one of seven founding members of the Institute for Advanced Composites Manufacturing Innovation. The Detroit IACMI branch will get $70 million to develop a robust supply chain to improve materials, handling, and machining properties for automotive composites.
Reshoring Boosted by EV Batteries May 22, 2023 Reshoring announcements rise 11% in the first quarter compared with a year earlier, according to the Reshoring Initiative.
The Press Shop of the Future Starts Today March 2, 2023 Schuler North America showcased its Digital Suite product family for the Press Shop of the Future during the grand opening of its new service facility in Canton, Mich.
CAR Names New CEO August 4, 2022 The Center for Automotive Research (CAR) announced a new president and CEO, Alan Amici, following the announcement of the retirement of current CEO Carla Bailo.