Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Laser-Equipped Swiss CNCs Grow in Capability, Ease of Use June 25, 2020 Beginning around six years ago, one machine tool builder after another added laser cutting and even welding to their products’ already impressive repertoires.
Ford Motor Reports 3Q Earnings Rebound October 28, 2020 Ford Motor Co. today reported a third-quarter earnings rebound on sales of trucks and SUVs. The automaker cautioned some bumps remain.
National Safety Council Applauds President-Elect Biden for Adding Occupational Safety Expert, Dr. David Michaels, to COVID-19 Advisory Board November 30, 2020 The National Safety Council announced that it is applauding President-elect Joe Biden for adding Dr. David Michaels to the Transition COVID-19 Advisory Board, ensuring that workplace safety has a voice on the task force, according to a statement.
Durable Goods Orders Rise on Transportation October 27, 2020 Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.
Fabricator Uses Cobots to Beef Up Welding Operations October 27, 2020 Processed Metal Innovators LLC (PMI), Bloomer, Wis., is a metal fabricator that produces hundreds of different stamped and welded metal parts for heavy equipment, automobiles, appliances, and more.
FABTECH Launches State of the Industry and Economic Outlook Webinar Series November 16, 2020 The producers of FABTECH have launched a three-part webinar series that includes an expert line-up of visionary speakers sharing insights and predictions for the economic future covering the impact of the current state of affairs; pre and post-election insights and predictions for the future.
IPG Photonics Launches LightWELD Handheld Laser Welding System November 17, 2020 IPG Photonics Corp. has launched LightWELD, a new handheld laser welding system. The LightWELD product line enables fabricators to benefit from the greater flexibility, precision and ease of use enabled by laser-based solutions over traditional welding products, according to IPG Photonics.
GM Quarterly Earnings Rebound November 5, 2020 General Motors Co. today reported a third-quarter earnings recovery on sales of high-profit trucks.