Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
Toyota Motor Corp. said today it will spend about $50 million to build a new battery laboratory at its North American R&D headquarters in York Township, Mich.
The manufacturing economy slowed further in May as companies cope with uncertainty, the Institute for Supply Management said today.
Orders for durable goods increased in April, paced by defense aircraft and parts, the Commerce Department reported May 26.
Mazak President Dan Janka once again has accepted the position of chairman of the board of The Association of Manufacturing Technology (AMT).
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Orders for machine tools slid in January on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
