The Diversification Crisis in Manufacturing November 12, 2020 According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.
Machine Tool Orders Surge in September November 9, 2020 Machine tool orders gained in September as manufacturing recovered from a severe recession.
Manufacturing Adds 38,000 Jobs in October November 6, 2020 Manufacturing added 38,000 jobs in October, with a majority in durable goods, the Bureau of Labor Statistics said today.
Siemens offers Model Based Definition for NX November 5, 2020 The company expands Xcelerator portfolio to use knowledge-based approach for defining MBD
Reshoring Operations in the Age of COVID-19: Part Two November 5, 2020 In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
GM Quarterly Earnings Rebound November 5, 2020 General Motors Co. today reported a third-quarter earnings recovery on sales of high-profit trucks.
3D Systems to Sell Cimatron, GibbsCAM November 3, 2020 3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
Digital Foundry Holds Virtual Groundbreaking November 2, 2020 The Digital Foundry at New Kensington, a new 15,044 square-feet innovation and manufacturing lab space that will use cutting-edge technologies to develop future-ready skills and improve business outcomes, has been unveiled.
Manufacturing Expansion Accelerates, ISM Says November 2, 2020 Manufacturing expanded in October as new orders, production and employment all improved, the Institute for Supply Management said today.
Sandvik to Acquire Software Developer CGTech October 29, 2020 Sandvik AB has signed an agreement to acquire CGTech, Irvine, Calif., a global developer of software for numerical control (NC/CNC) simulation, verification and optimization.