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Caterpillar Profit Rises Despite Lower Revenue

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

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

CESMII briefs U.S. leaders

U.S. manufacturing in general, and small- and medium-sized manufacturers in particular, are in danger of being left behind as Europe and Asia move faster toward Industry 4.0, John Dyck, CEO of the Clean Energy Smart Manufacturing Innovation Institute (CESMII), told congressional staff, federal agency staff in a February briefing.

America Makes reaches significant milestone

America Makes, the public-private partnership that the Obama administration set up to foster research and innovation in additive manufacturing, achieved a significant milestone late last year: an online portal to track gaps in additive manufacturing (AM) standards.

20 women making their mark in aerospace and defense

Because of governments’ undying devotion to research and development investments that bolster military capabilities, aerospace & defense represents the leading-edge market segment in smart manufacturing.

4 questions to ask as you decide on an IIoT solution

You’ve done it: Everyone is on board with a digital transformation. So where do you go from here? The next major decision in the process is determining whether you build an IIoT (Industrial Internet of Things) solution or hire a solutions provider to complete the project on your behalf.