Cutting Tool Orders Rise in January March 12, 2020 Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
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.
NSL Analytical Services Acquired by May River Capital January 17, 2020 NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
Latest Release of Siemens NX CAM Offers New Capabilities January 23, 2020 Siemens Digital Industries Software, Plano, Texas has released Siemens’ NX for manufacturing software, an end-to-end solution for part manufacturing.
Mastercam Partners with TITANS of CNC December 5, 2019 CNC Software Inc., developers of Mastercam, has announced a new partnership with TITANS of CNC Inc. to help train the next generation of highly skilled CNC machinists and eliminate the widening skills gap.
ECI Announces 2019 Everyday Hero Award Winners December 10, 2019 ECI Software Solutions, a leader in cloud-based business management solutions, has awarded Adam and Melinda Hendrix of Chic Lumber $10,000 as the first place winners of the 2019 Everyday Hero Award for their work to combat heroin addiction.
Community of ‘Makers’ to Gather at ESPRIT World December 11, 2019 DP Technology Corp., the parent company of CAM system ESPRIT, has announced the 2020 dates for its annual conference. ESPRIT World 2020 will be held from June 8-12 in Las Vegas–the location of the company’s first conference in 2003.
ISM Forecasts Manufacturing to Expand in 2020 December 11, 2019 Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
Machine Tool Orders Post Monthly Gain in October December 10, 2019 Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
