Waev Completes Purchase of GEM, Taylor-Dunn January 3, 2022 Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.
Eaton Acquires Royal Power Solutions January 6, 2022 Eaton said it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
First-Time Automation With RaaS At Polar Manufacturing January 28, 2022 Polar has successfully “hired” a robot with Formic, realizing a return on investment from the second the robot turned on.
Guill Offers Machining and Fabricating Manufacturing Services for Aerospace January 24, 2022 Guill Tool has announced its intent to offer merchant machining services to the global aerospace industry.
Good News for Smaller Manufacturers January 26, 2022 Larger manufacturing enterprises have benefitted from smart-manufacturing innovations while smaller manufacturers have lagged behind—but that is changing.
INDEX Launches iXacademy Online Training Platform January 21, 2022 INDEX has announced the launch of iXacademy, a new online platform designed to provide manufacturers with training on a wide variety of topics in a flexible and convenient format.
Boeing Reports Quarterly Loss on 787 Charges January 26, 2022 Boeing Co. today reported a fourth-quarter loss after taking a $3.5 billion pretax charge related to costs to fix its troubled 787 Dreamliner program.
Durable Goods Orders Decrease in December on Aircraft January 27, 2022 New orders for durable goods fell in December on decreases in orders for commercial and defense aircraft, the U.S. Commerce Department reported today.
Caterpillar Profit Rises Amid Higher Revenue, Demand January 28, 2022 Caterpillar Inc. posted a higher fourth-quarter profit as revenue increased and demand rose for the company’s heavy equipment.