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.
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.
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.
Hitachi Powdered Metals Embraces Robotic Automation, Boosts Volume 400 percent in Tight Labor Market March 30, 2020 Hitachi Powdered Metals (USA) Inc. began a gradual investment in industrial robots at their Greensburg, Ind. plant in 2005, driven by the emergence of a tightening labor market and the opportunity to produce an extremely fragile product.
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.
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.
Manufacturing in the Middle of COVID-19 Pandemic March 18, 2020 Manufacturing has been in the middle of the outbreak of the coronavirus (COVID-19) from the start. The impact is expanding as the virus spreads.
VoltAero’s Cassio Aircraft Flight Testing Underway with Safran’s ENGINeUSTM Electric Motors March 18, 2020 VoltAero has begun flight testing of its new family of Cassio e-aircraft using Safran Electrical & Power’s ENGINeUSTM smart electric motors.
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).
