Boeing Returns to Profit as Plane Deliveries Surge July 28, 2021 Boeing Co. today reported a second-quarter profit as commercial aircraft deliveries soared compared with a year-earlier loss when COVID-19 hammered the aerospace industry.
Ford Posts Quarterly Profit After Year-Earlier Loss April 28, 2021 Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.
Durable Goods Orders Fall, Dragged Down by Transportation May 27, 2021 Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.
Ford Reports Quarterly Profit on Finance Unit July 28, 2021 Ford Motor Co. today reported a second-quarter profit with the automaker’s finance unit making up for losses in its vehicle operations.
Steel Industry Confronts Change for EVs October 15, 2021 The steel industry is feeling the impact of the shift to more electric vehicle investment, an official of a trade group said.
3D Systems Agrees to Sell Unit July 28, 2021 3D Systems agreed to sell its medical simulation business, Simbionix, to Surgical Science Sweden AB.
Methods’ Vice President of FANUC Products Slated to Retire August 17, 2021 Supplier of CNC tools and automation systems in North America, announced that Thomas Saur is set to retire at the end of the calendar year.
Nexteer Expands High-Output Capabilities August 11, 2021 Nexteer Automotive expands the output capabilities of its pinion electric power steering (EPS) systems to meet the needs of heavier electric vehicles.
Data Exchange to Link Cities, Automotive, Utility Sectors August 2, 2021 Terbine announced in conjunction with the Center for Automotive Research’s annual conference what it called the first commercial Data Exchange for the rapidly evolving world of connected vehicles.
Manufacturing Cools While Still Running at Strong Rate August 2, 2021 The manufacturing economy cooled slightly in July while continuing to operate at a strong rate, the Institute for Supply Management said today.