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Liebherr to Celebrate 50th Anniversary in the U.S.

In 2020, Liebherr will be celebrating 50 years of manufacturing its products in North America. With its 50th anniversary theme “United by Success,” the manufacturer says it remains focused on its commitment to U.S. customers.

Time to Prepare, Not Panic, in 2020

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.

For manufacturers and 5G, it’s still ‘early days’

Although the first iteration of 5G technology has offered limited use cases in manufacturing, the next two generations, now expected to be available in the fall of this year and then the fall of next year because of COVID-19-related delays, will help factory owners achieve greater digital transformation of their factories.

ISM Forecasts Manufacturing to Expand in 2020

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.