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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.

How Bright is the Future of Automation?

In the 1955 short story “Autofac,” Philip K. Dick envisioned a world dominated by self-replicating robots that work incessantly, eventually depleting the planet’s resources.

Tooling Technology Past, Present and Future

The history of cutting tools goes back a ways—a long, long way. Our prehistoric ancestors were pretty good at making stone tools, and the technology has improved from there. I saw how much on a February visit to the Deutsches Museum in Munich, which has an exhibit on the history of machining.

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.

New YG-1 Fiberglass Routers Designed to Machine Composites Better, Faster

YG-1 has launched four new solid-carbide fiberglass routers for CNC or hand routers to handle machining processes for fiberglass and other high-performance fibers. The new routers are optimized in composition, cutting angles, flute strength and stability for longer life and lower cost per part, according to the company.