Durable goods orders increased in June assisted by a gain in aircraft orders, the U.S. Commerce Department reported today.
Caterpillar Inc. today reported a higher second-quarter profit as sales of its heavy equipment increased.
In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Manufacturing’s economic expansion eased in November, the Institute for Supply Management said today.
Respondents in a survey said supply chain planning drives better business performance.
The Association for Manufacturing Technology Board of Directors, which represents more than 600 builders and distributors of machine tools, manufacturing machinery, and related products, announced that it elected its 2020-2021 Board of Directors at its Annual Business Meeting held virtually on April 2, 2020.
The Manufacturing Leadership Council, a division of the National Association of Manufacturers, released a new collection of emerging strategies and operational practices that manufacturers of all sizes are implementing to keep their employees safe and facilities operating.
Crafts Technology, Elk Grove Village, Illinois, said it is rush-producing CraftAlloy tungsten carbide pin tooling to be used in injection molding machines that make vials for COVID-19 testing.
Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
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.
