Kennametal Announces Executive Leadership Changes February 3, 2020 Kennametal Inc. has announced two changes to its executive leadership team. These leadership moves are designed to drive profitable growth and continue to advance the company's strategy and transformation, according to a Kennametal statement.
Liebherr to Celebrate 50th Anniversary in the U.S. January 30, 2020 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.
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.
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.
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.
Latest Release of Siemens NX CAM Offers New Capabilities January 23, 2020 Siemens Digital Industries Software, Plano, Texas has released Siemens’ NX for manufacturing software, an end-to-end solution for part manufacturing.
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.
Machine Tool Orders Slide in November January 13, 2020 The value of machine tool orders plunged in November as makers pared prices to cut inventory, according to a monthly report.
Mastercam ‘Wildest Parts Competition’ Accepting Entries January 13, 2020 Mastercam CAD/CAM software, developed by CNC Software, Inc., is sponsoring a competition to inspire students and professionals in the manufacturing arena. The 2020 Masters of CAM Wildest Parts Competition is now accepting entries.
Manufacturing Loses 12,000 Jobs in December January 10, 2020 U.S. manufacturers cut 12,000 jobs in December, with job losses spread across industries.