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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.

Methods to Host TechDay2020 at Phoenix and Los Angeles Technical Centers

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.

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.