GM Quarterly Profit Surges May 5, 2021 General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.
Toolholding: Built for Speed May 27, 2021 The evolution to high speed machining (HSM) is continuing and toolholders are playing a crucial role in that process, which includes the interlinking of machining center, programming, high-speed spindles, advanced cutting tools, balancing, and high-performance toolholders in order for shops to take full advantage of HSM.
Eaton Says OEM Selects Its Tech for EV Platform April 6, 2021 Eaton today said its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle.
Eaton Introduces Next-Generation Valves March 24, 2021 Power management company Eaton today announced its Vehicle Group has introduced its next-generation sodium-filled hollow-head valves, which improve fuel economy, reduce emissions and increase performance in gas-powered engines.
U.S.: The Once and Future Manufacturing Leader May 21, 2021 The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Mitsubishi Electric Shows Advanced Tech in Demonstration Vehicle May 6, 2021 Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
April 2021 U.S. Cutting Tool Orders Up 26.3% from April 2020 June 11, 2021 April 2021 U.S. cutting tool consumption totaled $170 million. This total was down 4.3 percent from March's $177.6 million but up 26.3 percent when compared with the $134.6 million reported for April 2020.
Drill Choice: Solid-Carbide or Replaceable-Insert? April 27, 2021 Selecting the best type of cutting tool for holemaking jobs is not always clear. It is best to have a drill that caters to the workpiece material, produces the specs required, and provides the most profit for the job at hand. Considering the variety of jobs and parts manufactured in machine shops, there is no “one-drill-fits-all.”
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.
March 2021 U.S. Cutting Tool Orders Up 18.8% from February 2021 June 8, 2021 March 2021 U.S. cutting tool consumption totaled $177.6 million, up 18.8 percent from February's $149.5 million and down 2.6 percent when compared with the $182.3 million reported for March 2020.