Detroit Seeks to Re-Enter Formula One February 6, 2023 Detroit’s biggest automotive players want to get back into Formula One, the global auto racing series. Some of those involved have scores to settle.
Manufacturing Contraction Deepens in January February 1, 2023 The contraction in the manufacturing economy deepened last month, the Institute for Supply Management said today.
Rollomatic Names New CEO February 2, 2023 Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.
ARCH Announces Acquisition January 31, 2023 ARCH Cutting Tools Corp. announced the acquisition of Custom Carbide Cutter Inc.
Manufacturing Adds 19,000 Jobs, Mostly in Non-Durable Goods February 3, 2023 Manufacturing boosted employment by 19,000 jobs in January, with non-durable goods doing the heavy lifting.
Caterpillar Profit Slips on Foreign Currency Costs January 31, 2023 Heavy-equipment maker Caterpillar Inc. said today its quarterly profit declined on costs related to foreign currency.
Ford Quarterly Profit Plunges; Automaker Posts Annual Loss February 2, 2023 Ford Motor Co. reported that fourth-quarter profit plunged.
Putting the Pedal to the Metal — and Other Materials on the Move January 25, 2023 Recent advancements in polymers, metals, and composites are taking the manufacturing industry in bold, often unexpected directions.
FANUC Breaks Ground on Expansion November 1, 2022 FANUC America held a groundbreaking ceremony marking the start of construction of its new West Campus facility in Auburn Hills, Mich.
Lear Selected by GM for EV Unit October 28, 2022 Lear Corp. said it has been selected by General Motors to exclusively supply the Battery Disconnect Unit (BDU) on all full-size SUVs and trucks built on the automaker’s Ultium EV Platform through 2030.
