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GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.

Sandvik to Acquire Chinese Round Tools Maker

Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

OSB giant understands value of digital thread is not TBD

Driven by production agility expectations and ongoing social distancing requirements due to the pandemic, 2020 marked a critical inflection point for the wide-scale rollout of industrial digital transformation initiatives. With more industrial organizations implementing or scaling up digital technologies within their factories, manufacturers are now looking for ways to further optimize their Industry 4.0 investments.

Manufacturing – Powered by Nature

A team of researchers at Oak Ridge National Laboratory demonstrated the ability to additively manufacture power poles from bioderived and recycled materials, which could more quickly restore