Ford Suspends Dividend, Taps Credit Lines Because of COVID-19 Pandemic March 19, 2020 Ford Motor Co. said today it’s suspending its stock dividend and tapping credits lines to ensure it has enough cash amid the outbreak of the coronavirus (COVID-19).
Coronavirus Impact on Auto Industry May Accelerate March 6, 2020 The impact of the coronavirus on the auto industry is on the cusp of accelerating, according to a Center for Automotive Research presentation today.
Manufacturing Cuts 18,000 Jobs in March April 3, 2020 Manufacturing lost 18,000 jobs last month, with non-durable goods industries taking the biggest hit as the novel coronavirus (COVID-19) slammed the economy.
ABB Announces New Programing Wizard For Its Cobots April 8, 2020 Using Blockly to make robots easier to install and operate without specialized training.
COVID-19 Reality Setting in for Financial Executives: PwC April 13, 2020 Reality regarding the novel coronavirus is setting in for financial executives, particularly those in manufacturing, consulting firm PwC said today.
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.
Manufacturing Job Growth Resumes in September October 5, 2018 Manufacturing job expansion resumed in September after pausing in August. The sector added 18,000 jobs last month, with 17,000 of the gain taking place in durable goods, according to a breakdown by industry issued today by the U.S. Bureau of Labor Statistics.
Hybrid Machine Tools Offer One-Two Punch August 17, 2018 When additive manufacturing first hit the market, some said it would eventually be the death of traditional, or subtractive, CNC machining. More than 30 years later, new machines are showing additive manufacturing as it really is—a complementary technology.
3D Metrology Redefines Appliance Maker’s Product Development June 29, 2018 GE Appliances (GEA) has been designing and manufacturing consumer appliances for over 125 years. The iconic brand, headquartered in Louisville, KY, employs nearly 6000 people, a number that rose to 12,000 employed globally after its acquisition by Haier, making the company part of the largest appliance manufacturer in the world.
Metrology Tools for Medical: A New Focus on Vision Systems November 6, 2017 Metrology for medical devices needs to become more capable as those devices get more varied and complex. Manufacturers must inspect dental implants, coronary stents, orthopedic joints, and implanted electronic devices. Surgeons are increasingly using intricate, sometimes one-off, surgical tools. There is also a growing number of consumable items, such as hypodermic needles, made on rapid production lines. They all need ever more precise quality control.
