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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.

Mastercam Announces New Partnership with DeBerti

CNC Software Inc., developer of Mastercam CAD/CAM software, has announced a new partnership with DeBerti, which started more than 25 years ago creating one-off machined aluminum parts.