Cutting Tool Orders Rise in January March 12, 2020 Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
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).
Coronavirus Impact on Auto Industry May Accelerate March 6, 2020 The impact of the coronavirus on the auto industry is on the cusp of accelerating, according to a Center for Automotive Research presentation today.
NSL Analytical Services Acquired by May River Capital January 17, 2020 NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
ISM Forecasts Manufacturing to Expand in 2020 December 11, 2019 Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
Machine Tool Orders Post Monthly Gain in October December 10, 2019 Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Boeing Starts New Year With a New CEO Trying to Solve Big Problems January 3, 2020 Boeing Co. is looking for a new start with a new CEO trying to resolve big problems.
Boeing Posts Quarterly, Full-Year Loss on 737 Max January 29, 2020 Boeing Co. today reported a fourth-quarter loss and its first full-year loss since 1997 as the financial impact of the 737 Max crisis expanded.
Honda Adopts Virtual Training January 14, 2021 Honda Motor Co. this week began production of the 2022 Acura MDX. The company is using virtual reality, in combination with traditional training, to get output up to speed.
Desktop Metal to Acquire EnvisionTEC January 15, 2021 Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.
