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.
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.
CIMdata Report: Mastercam Retains No. 1 Ranking for CAM Software September 7, 2018 According to CIMdata’s latest report, Mastercam is the No. 1 CAM software used worldwide. CIMdata also ranked Mastercam’s global support network as the largest in the field of CAM.
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.
Seeing Shop-Floor Steps Clearly Helps Workers Quickly Learn on the Job November 30, 2017 VKS [Visual Knowledge Share] develops an electronic work instruction solution designed to improve quality, productivity, and efficiency.
Five-Axis CAM Slices Into Food Processing November 2, 2017 Urschel Laboratories has come a long way since its founder William E. Urschel introduced the gooseberry snipper to Michigan canneries in 1910. Today, the company’s innovative machines are used by virtually every food processing manufacturer worldwide to slice, dice, trim, grate, and process foods that are stored in pantries and refrigerator shelves. For the record, Urschel’s gooseberry snipper machine handled the removal of a stem and thick bud appendage from the berry.
