Toyota to Invest $50 Million for New Michigan Battery Lab June 8, 2023 Toyota Motor Corp. said today it will spend about $50 million to build a new battery laboratory at its North American R&D headquarters in York Township, Mich.
Auto Industry to Confront Challenges in 2023 January 11, 2023 The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.
Experts knock down AI barriers September 30, 2021 Why don’t more manufacturers in the United States use smart manufacturing technologies like AI and machine learning to reduce waste, achieve predictive maintenance and enhance their automation systems? Five CESMII roundtable panelists share their insights.
Optimized Press Hardening Lines Increase Productivity September 24, 2021 AP&T provides a case study of the work it did at a plant in Italy of Fiat Chrysler Automobiles (now Stellantis).
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.
Sharpe Products Installs New Laser Cutting Equipment July 9, 2021 Sharpe Products recently installed a BLM Group LT7 4-kW laser cutting system. This equipment cuts round, square, rectangle and open profile pipe or tube up to 6" OD.
Caterpillar Quarterly Profit Rises on Sales Boost July 30, 2021 Caterpillar Inc. today reported a higher second-quarter profit as sales of its heavy equipment increased.
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.
Eaton Introduces Fuses for EVs October 26, 2021 Power management company Eaton today announced its eMobility business has introduced the EVK Series, a new line of Bussman® series fuses. The new line of high-voltage fuses meets the requirements for use in the latest high-powered electrified vehicles (EVs).
ARCH Cutting Tools Corp. acquires CONTOUR360 September 30, 2021 ARCH Cutting Tools Corp., an ARCH Global Precision Company, has announced the acquisition of CONTOUR360 of Cornish, Maine.