GM Electrifies its Future March 3, 2021 General Motors dropped a fuel bomb on the auto industry at the end of January. Specifically, it said the fuel of the future for many of its vehicles will be electricity, not gasoline. For an iconic company like GM, that news is beyond big.
Manufacturing Surges in February March 1, 2021 Manufacturing hit the accelerator in February, with new orders, production and employment all contributing to a strengthening economy, the Institute for Supply Management said today.
Manufacturing Adds 21,000 Jobs in February March 5, 2021 Manufacturing added 21,000 jobs last month, paced by gains in transportation equipment, the U.S. Bureau of Labor Statistics said today.
Manufacturing Industry Asked to Participate in Survey of Reshoring Opportunities January 21, 2021 What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing?
Durable Goods Orders Rise in December January 27, 2021 Durable goods orders increased in December, aided by orders for machinery, the U.S. Commerce Department said today.
Caterpillar Profit Slips Due to Pandemic January 29, 2021 Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.
ISM Survey Shows How COVID-19 Effects Worsened on Business April 14, 2020 A survey by the Institute for Supply Management indicates the supply chain impact of the novel coronavirus (COVID-19) worsened over March.
Passing of GE’s Welch May Be a Cautionary Tale March 4, 2020 When former General Electric Co. chief Jack Welch died this week at 84, it was as if a legend had departed. He was the CEO who had transformed an aging industrial concern into a vibrant giant. But it's also a cautionary tale.
The Association for Manufacturing Technology Elects 2020-2021 Board of Directors April 21, 2020 The Association for Manufacturing Technology Board of Directors, which represents more than 600 builders and distributors of machine tools, manufacturing machinery, and related products, announced that it elected its 2020-2021 Board of Directors at its Annual Business Meeting held virtually on April 2, 2020.
Crafts Steps Up Output to Aid COVID-19 Efforts April 23, 2020 Crafts Technology, Elk Grove Village, Illinois, said it is rush-producing CraftAlloy tungsten carbide pin tooling to be used in injection molding machines that make vials for COVID-19 testing.
