Ford Suspends Dividend, Taps Credit Lines Because of COVID-19 Pandemic March 19, 2020 Ford Motor Co. said today it’s suspending its stock dividend and tapping credits lines to ensure it has enough cash amid the outbreak of the coronavirus (COVID-19).
U.S. Companies Aim to Expand Production, Repair of Ventilators March 24, 2020 General Motors Co. and medical equipment maker Ventec are accelerating their partnership code to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak, according to a Reuters report.
BLM Improves Its E-FORM Tube End Forming Machine March 18, 2020 BLM GROUP USA announced on March 17, 2020 the enhancement of its E-FORM tube end forming machine with a fully CNC electric rolling device.
Comau Unveils Laser Labs for EV Batteries and Motors April 9, 2020 Dedicated in-house labs create and optimize laser welding processes for electric motors and batteries.
Manufacturing Cuts 18,000 Jobs in March April 3, 2020 Manufacturing lost 18,000 jobs last month, with non-durable goods industries taking the biggest hit as the novel coronavirus (COVID-19) slammed the economy.
ABB Announces New Programing Wizard For Its Cobots April 8, 2020 Using Blockly to make robots easier to install and operate without specialized training.
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.
COVID-19 Reality Setting in for Financial Executives: PwC April 13, 2020 Reality regarding the novel coronavirus is setting in for financial executives, particularly those in manufacturing, consulting firm PwC said today.
Small Ohio Manufacturer Making Parts for Ventilators March 25, 2020 A small Ohio manufacturer, Bullen Ultrasonics, is remaining open to produced parts needed for the production of ventilators.
Manufacturing ‘Stepping Up’ to Combat COVID-19, NAM Says March 26, 2020 U.S. manufacturing is “stepping up” to produce medical products needed to treat cases of the novel coronavirus (COVID-19), the head of a major trade and lobbying group said today.