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Caterpillar equipment

Caterpillar Profit Slips on Foreign Currency Costs

January 31, 2023
Heavy-equipment maker Caterpillar Inc. said today its quarterly profit declined on costs related to foreign currency.
Bill Koenig
By Bill Koenig Senior Editor, SME Media
ARCH Cutting Tools logo

ARCH Announces Acquisition

January 31, 2023
ARCH Cutting Tools Corp. announced the acquisition of Custom Carbide Cutter Inc.
By ARCH Cutting Tools Press Release
General Motors logo

GM Quarterly Profit Rises

January 31, 2023
General Motors Co. today reported an improved quarterly profit on higher vehicle sales in its home North American market. The company also forecast strong results for 2023 but slightly below last year’s levels.
Bill Koenig
By Bill Koenig Senior Editor, SME Media
CMfgA students on their last day of class being recognized for completing the course, passing their final exam, and receiving their Tooling U certification.

Goodwill Toward Manufacturing Men and Women

January 31, 2023
Local Goodwill organizations partner with industry leaders to provide job seekers with the skills employers want.
By Tooling U-SME
Honeywell logo

Honeywell Starts Using Sustainable Aviation Fuel

January 30, 2023
Honeywell recently received its first delivery of sustainable aviation fuel at its Phoenix Engines campus. The fuel will support development and production testing of auxiliary power units (APUs) and propulsion engines at the site, along with testing of fielded units from Honeywell’s repair and overhaul facility.
By Honeywell Press Release
United Grinding logo

United Grinding Expands Distribution Network

January 30, 2023
United Grinding North America announced today the expansion of its distribution network.
By United Grinding North America Press Release
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Manufacturing Engineering

Manufacturing Engineering

“All indications are that the service sector will slip into recession in 2023, but we expect positive production trends continuing in the aerospace, defense, agriculture, and energy sectors.” This one of many insights that key manufacturing executives shared with us in our 2023 Industry Outlook in the January-February issue of Manufacturing Engineering. Most experts are bracing for the potential of a recession early in the year, but they predict it will be fairly mild and short-lived. Leading the list of key challenges is the ongoing labor shortage, which could be further exasperated with recent reshoring initiatives. In other feature stories, we take an in-depth look at innovations in materials, cutting tool coatings, multi-axis machining, and manufacturing safety.

We hope you enjoy the January-February issue of Manufacturing Engineering.

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Smart Manufacturing

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Understanding the real impact of artificial intelligence in U.S. manufacturing is critical. In this month’s issue we examine use cases of smart digital strategies that move the needle. Other highlights include a fresh look at sustainable manufacturing, as well as what’s new in event-based vision systems that blend technology and biology to increase efficiency, quality, and productivity across manufacturing. Rounding out the issue are spotlights on workforce development topics and a profile on AFFOA, which is truly transforming the fabric of Manufacturing USA.

We hope you find the December issue of Smart Manufacturing useful and insightful.

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