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.
Seco Tool’s Mold & Die Special Event Features Tips and Tricks for Metalworking Professionals August 14, 2018 Seco Tools LLC (Troy, MI) hosted a Mold and Die Manufacturers Seminar for metalworking professionals at its headquarters on July 26 in collaboration with hyperMILL (Open Mind Technologies, Needham, MA) and Heidenhain Corp. (Schaumburg, IL).
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.
Report Urges US Investment in Manufacturing June 14, 2018 A new report urges the United States invest in emerging manufacturing technologies, saying the private sector can’t preserve US manufacturing by itself.
Smarter Presetting: Using Post-Processor and RFID Technology November 30, 2017 Tool presetting machines are a wise investment for machine shops that want to increase their machine utilization. Idle machine tools are often indicators of inefficient machining operations, and stopping a machine tool for any reason is synonymous to losing profits.