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Canada’s ICAM to be acquired by Sandvik Coromant

Sandvik has signed an agreement to acquire Canada-based ICAM Technologies Corporation, a provider of innovative solutions that translate CAM data into optimized coding for guiding CNC machining operations.

Experts knock down AI barriers

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.

Eaton Introduces Valve to Manage Fuel Vapors

Power management company Eaton today announced its Vehicle Group has introduced a new zero-leak Compact Combo Valve that safely vents harmful evaporative fuel vapors in the tank by stacking a Fill Limit Vent Valve (FLVV) and a new Zero-Leak Grade Vent Valve (GVV).

GM Quarterly Profit Rises

General Motors Co. today reported an improved quarterly profit on higher vehicle sales in its home North American market. The company also forecast strong results for 2023 but slightly below last year’s levels.

Ford Returns to Formula One

Ford Motor Co. said it is returning to the international Formula One race circuit starting in 2026.

Auto Industry to Confront Challenges in 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.

Lacks Names Two Co-Chairs of Board

Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.