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.
New YG-1 Fiberglass Routers Designed to Machine Composites Better, Faster March 4, 2020 YG-1 has launched four new solid-carbide fiberglass routers for CNC or hand routers to handle machining processes for fiberglass and other high-performance fibers. The new routers are optimized in composition, cutting angles, flute strength and stability for longer life and lower cost per part, according to the company.
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.
Arundel Machine Tool LLC acquired by ARCH Global Precision January 30, 2020 ARCH Global Precision, Bloomfield Hills, Mich., on Jan. 21 acquired Arundel Machine Tool, located in Arundel, Maine. Arundel manufactures high-precision components and assemblies primarily for the aerospace and defense market, as well as the semiconductor and oil and gas industries.
BIG Kaiser Announces New Hires and Promotion of District Manager January 23, 2020 BIG Kaiser Precision Tooling Inc. has announced a promotion and multiple new hires that the company says will continue to bolster customer support and responsiveness in several key regions.
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.
Machine Tool Orders Slide in November January 13, 2020 The value of machine tool orders plunged in November as makers pared prices to cut inventory, according to a monthly report.
Best-Selling Machining Books of 2019 January 16, 2020 Practical Machinist wanted to simplify your quest by providing you with a list of the best-selling machining books of 2019 according to our community. All the books in this list are a must-have, so we strongly encourage you to add them to your machine shop library, if you don’t have them already.
Building a Future in Rural Florida January 14, 2020 Not far from Florida’s metropolitan areas lie rural communities with the space and workforce to support manufacturing leaders. From Walton County in the Panhandle to the Heartland Counties near Lake Okeechobee, the state’s rural regions present a unique mix of resources for the manufacturing industry.
Manufacturing Loses 12,000 Jobs in December January 10, 2020 U.S. manufacturers cut 12,000 jobs in December, with job losses spread across industries.