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.
BLM Improves Its E-FORM Tube End Forming Machine March 18, 2020 BLM GROUP USA announced on March 17, 2020 the enhancement of its E-FORM tube end forming machine with a fully CNC electric rolling device.
NSL Analytical Services Acquired by May River Capital January 17, 2020 NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
Shop Uses Toolpath Simulation to Find and Eliminate Potential Machining Errors December 5, 2019 Midway between Houston and Austin sits Brenham, Texas, home to Blue Bell ice cream and the world’s largest BBQ pit. Within this smallish town you’ll find a not-so-small contract manufacturer, MIC Group LLC.
ISM Forecasts Manufacturing to Expand in 2020 December 11, 2019 Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
Machine Tool Orders Post Monthly Gain in October December 10, 2019 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.
What Makes the Cut in Heavy-Duty Turning? January 7, 2020 Don’t make the mistake of thinking that turning large metal parts—like 10,000-lb (4,536 kg) work rolls, for example—is no different than turning smaller parts.
Ovako Launches Enhanced Digital Steel Navigator January 3, 2020 Ovako, a producer of clean steel, has made several enhancements to its online Steel Navigator. This digital tool is designed to help customers search for specific steel grades by group, quality, type of process, product and chemical composition.
Boeing Starts New Year With a New CEO Trying to Solve Big Problems January 3, 2020 Boeing Co. is looking for a new start with a new CEO trying to resolve big problems.
