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Durable goods orders increased in March, with various industries contributing to the gain, the U.S. Commerce Department said today.

Caterpillar Inc., the maker of heavy equipment, today reported an increased quarterly profit as sales improved and dealers boosted their stock of Cat machinery.

In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.

Establishment of cross-sectoral networks provides an affordable solution to help manufacturers fast-track processes to keep pace with AI technologies and realize far-reaching efficiencies at scale.

The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.

The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.

Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.

Additive Manufacturing Users Group (AMUG) today announced that Jonathan M. Morris, M.D., director of the 3D Printing Anatomic Modeling Lab at Mayo Clinic, and Hans J. Langer, Ph.D., founder of EOS GmbH and chairman of EOS Group, will be featured at the AMUG Conference.

Eaton today said its eMobility business secured a contract to supply power distribution units (PDUs) and Bussmann series fuses to a global vehicle manufacturer for use in a new battery electric (BEV) light-duty commercial vehicle.

Machine tool orders posted broad gains in February, AMT – The Association for Manufacturing Technology said today.