Boeing, With Settlement, Looks to Move on From 737 Max Crisis January 8, 2021 Boeing Co. this week said it agreed to pay more than $2.5 billion because of fatal crashes stemming from problems with the 737 Max. The company is looking to the settlement a way to move on from a corporate crisis.
Manufacturing Expansion Accelerates in December January 5, 2021 Manufacturing growth accelerated in December fueled by new orders for products, the Institute for Supply Management said today.
U.S. Chamber CEO Comments on Electoral College Voting January 5, 2021 The CEO of the U.S. Chamber of Commerce said in a statement that efforts to overturn certified election results " will only result in further division across our nation."
Manufacturing Outperforms Economy in December January 8, 2021 Manufacturing outperformed the overall economy in December, the U.S. Bureau of Labor Statistics said today.
GM Profit Rebounds in Quarter February 10, 2021 General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.
Mitutoyo and Kitov Systems Sign Partnership Agreement February 10, 2021 Mitutoyo Corp. and Kitov Systems Ltd. have signed a partnership agreement that will enable Mitutoyo to integrate Kitov’s technologies across its metrology solutions.
Machine Tool Orders Post Strong Gains in December February 8, 2021 Machine tool orders posted strong gains in December on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
Ford Posts Quarterly Loss, Plans to Boost EV Investment February 4, 2021 Ford Motor Co. said today its fourth-quarter loss widened while adding it plans to increase its investment in electric vehicles.
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.
