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.
Automated Metrology in Manufacturing March 26, 2020 Modern manufacturing is a data-driven endeavor. The sheer volume of data available to be collected and analyzed is staggering—and something that couldn’t have been envisioned even 20 years ago.
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.
ABB Announces New Programing Wizard For Its Cobots April 8, 2020 Using Blockly to make robots easier to install and operate without specialized training.
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.
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.
Digital Tool Management: Multiple Concepts Begin to Converge October 31, 2018 The focus on digitalization in design and machining has highlighted the importance and advantages of more sophisticated digital tool management (DTM) systems. While this has generated a great degree of differentiation, and some confusion regarding a generally accepted system definition, it has resulted in the evolution of objectives and capabilities that are both more comprehensive and more customer-centric.
Digitalization Boosts Auto Parts Cell Production By 20% September 5, 2018 Increases in size and quantity of its orders led Wisconsin-based auto parts manufacturer Felss Rotaform LLC (New Berlin, WI) to expand operations through a new dual-robot machine-tending cell. The company is a supplier of precision parts using its rotary swaging, axial forming and tube end-forming processes.