Manufacturing at a ‘Tipping Point’ to Diversify Beyond China July 21, 2020 Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.
GM Reports Quarterly Loss on Impact of COVID-19 July 29, 2020 General Motors Co. today reported a second-quarter loss as the novel coronavirus (COVID-19) resulted in lower vehicle sales.
Durable Goods Orders Rebound on Transportation Equipment June 25, 2020 Durable goods orders increased in May, paced by a massive surge in orders for transportation equipment, the Commerce Department said in a report today.
Pandemic Adaptive Supply Chains: A Future-Proof Approach June 11, 2020 COVID-19 vividly underscores the vulnerability of global manufacturing operations and supply chains. The disruption in our supply chains will hamper manufacturing for months and perhaps years. As we reopen and rebuild our economy, we must focus on sustainable manufacturing operations that are pandemic adaptive, resilient, and secure.
Auto Industry Loses Sales, Adds Debt Because of COVID-19 June 5, 2020 The global auto industry is losing sales and increasing its debt because of the novel coronavirus (COVID-19), consulting firm AlixPartners said in a presentation this week.
Time Crunch: One Becomes Two When it comes to shifting production to aid in the COVID-19 pandemic, challenges can exist even if the product isn’t a sharp deviation from products you normally manufacture. That’s what Kentwood, Mich.-based Autocam Medical discovered.
Humans of Manufacturing: Heroes Author: Kip Hanson The next time you’re out fertilizing the lawn or spraying for weeds, stop for a moment to think about Claudia Contreras. She deserves a round of applause. So do her coworkers. Contreras and her team have produced nearly 600,000 face shields for COVID-19 first responders over the past five months, with more in the works.
Machine Tool Orders Soar in June on Monthly Basis August 10, 2020 Machine tool orders surged in June on a monthly basis while still running below year-earlier levels.
COVID-19 is teaching us just what innovation is possible July 20, 2020 What a difference a month makes. In a survey by the Manufacturing Advocacy and Growth Network (MAGNET) in February, only 24 percent of Ohio manufacturers said innovation was a priority.
LIFT Receives $1M to Retrain Manufacturing Workers in Response to COVID-19 July 8, 2020 Detroit-based LIFT said it has received $1 milion to retrain civilian manufacturing workers affected by the COVID-19 pandemic.