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GM Reports Quarterly Profit, Raises Forecast

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.

PRAB Introduces Auto-Take Up

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

Hardinge Acquires Ohio Tool Works

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

U.S.: The Once and Future Manufacturing Leader

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.

From Travails to Triumphs

Two manufacturers described establishing data-management systems to attendees of Dassault Systèmes’ virtual 3DExperience World in February.