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.
Liebherr to Celebrate 50th Anniversary in the U.S. January 30, 2020 In 2020, Liebherr will be celebrating 50 years of manufacturing its products in North America. With its 50th anniversary theme “United by Success,” the manufacturer says it remains focused on its commitment to U.S. customers.
Time to Prepare, Not Panic, in 2020 November 26, 2019 Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
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.
Hurco Forms Preferred Partnership with BMO Automation December 18, 2019 Hurco Companies Inc. has partnered with BMO Automation to provide customers a tested automation solution that requires minimal integration, according to the companies.
VeriTX Announces Licensing Agreement December 17, 2019 VeriTX Corp. announced today an agreement to license Moog Inc.’s VeriPart process which enables high integrity supply chain solutions.
Servopress 101: A Basic Guide January 8, 2020 Servomechanisms are at the heart of 21st century automation. The basic elements are a servomotor; a device to convert rotary motion into linear motion; a suite of sensors to provide the required feedback; a controller to convert feedback data into command signals; and enabling software.
Bringing Intelligent Automation Tech to the Broad Engineering Market August 1, 2019 Amid vigorous growth in their industry, product lifecycle management (PLM) software developers are exploiting the cloud and machine learning to manage data and enhance the users’ experience.
Securing OT in the Energy and Utilities Sector August 15, 2019 Convergence-enabled cyberattacks—where criminals exploit traditionally isolated operational technology (OT) devices through their new connections to the IT network—may be motivated by the desire to hijack and demand ransom for services, steal trade secrets through industrial or national cyberespionage, or commit cyberterrorism or engage in cyberwarfare.
Hybrid Additive/Subtractive Tech Changing the Face of Design and Manufacturing September 10, 2019 Some of the key trends in manufacturing are brought about by convergence of the design and manufacturing industries. With manufacturers under more pressure than ever to deliver better products faster and at lower cost, the need to connect and automate design and manufacturing processes to reduce iterations, errors, and delivery times is becoming critical.