Manufacturing Adds 21,000 Jobs in February March 5, 2021 Manufacturing added 21,000 jobs last month, paced by gains in transportation equipment, the U.S. Bureau of Labor Statistics said today.
FMS for Low-Volume, High-Mix Shop Provides Stable, Predictable Process February 26, 2021 What’s in a name? In some cases, a lot. “It’s in our DNA to live by our name,” said Scott Shortess, CEO of Advanced Machining & Fabricating and Advanced Plastics in Owasso, Okla. However, they are known simply by the name “Advanced.”
Italian Machine Tool Orders for Fourth Quarter 2020 Still on the Decrease January 25, 2021 On an annual basis, machine tool orders dropped by 18.6% in 2020 versus 2019.
Manufacturing Industry Asked to Participate in Survey of Reshoring Opportunities January 21, 2021 What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing?
Durable Goods Orders Rise in December January 27, 2021 Durable goods orders increased in December, aided by orders for machinery, the U.S. Commerce Department said today.
Caterpillar Profit Slips Due to Pandemic January 29, 2021 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.
ISM Survey Shows How COVID-19 Effects Worsened on Business April 14, 2020 A survey by the Institute for Supply Management indicates the supply chain impact of the novel coronavirus (COVID-19) worsened over March.
Passing of GE’s Welch May Be a Cautionary Tale March 4, 2020 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.
Methods to Host TechDay2020 at Phoenix and Los Angeles Technical Centers March 3, 2020 Methods Machine Tools Inc. is hosting TechDay2020 – Phoenix on March 24th-25th and TechDay2020 – Los Angeles on March 26th. TechDay2020 is an open house style event where attendees will be able to attend multiple seminars, see individual product demonstrations, and talk with Methods Engineers about machine tool and automation applications that are specific to their business.
The Association for Manufacturing Technology Elects 2020-2021 Board of Directors April 21, 2020 The Association for Manufacturing Technology Board of Directors, which represents more than 600 builders and distributors of machine tools, manufacturing machinery, and related products, announced that it elected its 2020-2021 Board of Directors at its Annual Business Meeting held virtually on April 2, 2020.