Passing of GE’s Welch May Be a Cautionary Tale March 4, 2020 When former General Electric Co. chief Jack Welch died this week at 84, it was as if a legend had departed. He was the CEO who had transformed an aging industrial concern into a vibrant giant. But it's also a cautionary tale.
Manufacturing in the Middle of COVID-19 Pandemic March 18, 2020 Manufacturing has been in the middle of the outbreak of the coronavirus (COVID-19) from the start. The impact is expanding as the virus spreads.
VoltAero’s Cassio Aircraft Flight Testing Underway with Safran’s ENGINeUSTM Electric Motors March 18, 2020 VoltAero has begun flight testing of its new family of Cassio e-aircraft using Safran Electrical & Power’s ENGINeUSTM smart electric motors.
Cutting Tool Orders Rise in January March 12, 2020 Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
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.
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.
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.
Universal Robots Sells 25,000th Cobot, Launches Next Evolution September 11, 2018 Universal Robots (UR, Odense, Denmark) was one of the pioneers of today’s modern field of collaborative robots (cobots) with the launch of the UR5 robot in 2008, however the company didn’t rest on its laurels at IMTS 2018 in Chicago.
