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Caterpillar Profit Slips Due to Pandemic

Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.

Passing of GE’s Welch May Be a Cautionary Tale

When former General Electric Co. chief Jack Welch died this week at 84, it was as if a legend had departed. He was the CEO who had transformed an aging industrial concern into a vibrant giant. But it's also a cautionary tale.

Crafts Steps Up Output to Aid COVID-19 Efforts

Crafts Technology, Elk Grove Village, Illinois, said it is rush-producing CraftAlloy tungsten carbide pin tooling to be used in injection molding machines that make vials for COVID-19 testing.

Stratasys, Origin Form Partnership on Swabs

Stratasys and Origin have signed an agreement in which Stratasys will market and promote Origin 3D-printed nasopharyngeal (NP) swabs to healthcare providers and other testing centers in the U.S.

Rollomatic Inc. Appoints Joe Kane COO

The Rollomatic Group has appointed Joe Kane COO for Rollomatic Inc. and Strausak Inc. Kane will continue to hold his position as president of Strausak Inc. The combined companies will further fill out their global presence in providing solutions for precision tool grinding.