Michigan Manufacturing Technology Center Announces Two Promotions February 19, 2020 Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.
How a Connected Factory Floor can Improve Efficiency and Reduce Downtime February 18, 2020 A fully connected factory floor is the way forward for any manufacturer seeking to fully realize the Industry 4.0 vision.
Manufacturing Loses 12,000 Jobs, Paced by Motor Vehicles February 7, 2020 U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
Advanced Lasers Meet Diverse Needs of Tooling Group February 5, 2020 Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
A showcase for lasers’ versatility in aerospace January 31, 2020 A couple of years back, Scott Blake was at a trade show in Baltimore when two researchers from the National Aeronautics and Space Administration Goddard Space Flight Center stopped at his company’s booth.
5 things to do to stay sane, achieve industrial efficiency January 29, 2020 Manufacturers face challenging times. After more than a decade of booming economic growth, some are pointing to a potential recession.
A&D companies would do well to pay attention to 5G January 23, 2020 Much has been written about potential applications for 5G. But a less well known application exists in the aerospace and defense industry—that pertains to manufacturing processes.