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The manufacturing economy cooled slightly in July while continuing to operate at a strong rate, the Institute for Supply Management said today.

Machine tool orders jumped in June as the industry enjoyed increases across various sectors.

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.

Manufacturing boosted employment by 27,000 jobs in July, with durable goods doing the heavy lifting.

3D Systems today announced two additions to its industry-leading materials portfolio.

The president of Eaton's Vehicle Group describes how the company accelerated its use of Industry 4.0 during the COVID-19 pandemic.

Gandhi has more than 25 years of leadership experience within finance, most recently serving as Interim CFO at Owens Corning

PRAB Inc. is introducing the Auto-Take Up System, a conveyor enhancement that automatically tightens belts and eliminates the need for manual adjustments.

Hardinge Inc. has acquired Ohio Tool Works, LLC. Hardinge said the deal will enhance its machine tool and workholding portfolio.

The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.