Dassault Systemes Revenue Up July 28, 2023 The French Software corporation released its Q2 earnings report on Tuesday.
Manufacturing Contraction Deepens November 1, 2023 The manufacturing sector's economic contraction continues for the 12th consecutive month, revealing persistent labor shortages and challenges, with some industries experiencing growth while others face contraction.
UAW, Ford Reach Tentative Agreement October 26, 2023 As UAW reaches a “historic” tentative agreement with Ford, 16,000 UAW members return to work at Ford facilities while the strike grows at Stellantis and GM.
Divergent Adds $230 Million in Funding November 13, 2023 Funding round will accelerate Divergent's commercial scale-up across automotive, aerospace, and defense production, the company says.
Manufacturing Contraction Continues July 5, 2023 Manufacturing sector experiences eighth consecutive month of contraction, raising concerns for industry professionals amid declining production and weak demand, according to the latest Manufacturing ISM® Report On Business®.
Manufacturing Loses 4,000 Jobs in February March 10, 2023 Manufacturing lost 4,000 jobs last month, the Bureau of Labor Statistics said today.
Machine Tool Orders Slide in January March 13, 2023 Orders for machine tools slid in January on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
Durable Goods Orders Decline on Transportation March 24, 2023 New orders for durable goods fell in February on transportation equipment, the Commerce Department reported today.
Timken Acquires Des-Case, Adding Filtration Solutions to Industrial Motion Portfolio September 5, 2023 The Timken Company has acquired Des-Case Corp., the company announced Tuesday.
U.S. Gives TSMC $6.6 Billion to Manufacture Chips in Arizona April 8, 2024 The $6.6 billion will support construction of three fabrication plants in Phoenix, two of which are already in development.