Cutting Tool Orders Rise in January March 12, 2020 Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
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.
Machine Footprint, Cutting Power Surpasses Arizona Shop’s Expectations March 31, 2020 Alicat Scientific is an ISO 9001 manufacturer of mass flow meters, mass flow controllers and pressure controllers for gases and liquids. Based in Tucson, Ariz., Alicat has been designing and manufacturing precision instruments since its inception in 1991.
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.
Safran Nacelles’ Engine Exhaust System Takes Flight on First Boeing 777X January 27, 2020 The maiden flight on January 25 of Boeing’s 777X jetliner marked a new milestone for Safran Nacelles’ development and production of the largest jet engine exhaust system of its type ever manufactured for a civil aircraft, according to the company.
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.
Arundel Machine Tool LLC acquired by ARCH Global Precision January 30, 2020 ARCH Global Precision, Bloomfield Hills, Mich., on Jan. 21 acquired Arundel Machine Tool, located in Arundel, Maine. Arundel manufactures high-precision components and assemblies primarily for the aerospace and defense market, as well as the semiconductor and oil and gas industries.
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.
