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Caterpillar Profit Rises Despite Lower Revenue

Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.

Industrial M&A Falls in 2019

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

Boeing Throws Up the White Flag on 737 Max

Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.

A More Affordable, Less Complex MES

A manufacturing execution system is often the first step for Industry 4.0 implementation, but most are optimized to serve OEMs. Pico MES Inc. is looking out for the little guy.

Mazak Joins CyManII as Collaborative Partner

CyManII brings manufacturers and research institutions together to drive digital infrastructure and security for advanced manufacturing, supply chains and workforce development.

Controlling One's Destiny

Make, buy, or say “the heck with it” and go fishing? Attempting to “go vertical” presents many obstacles. Are you ready?