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Nexteer Expands Portfolio for EVs

Nexteer Automotive said it is expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).

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.

Traditional Versus Laser Welding

With much faster processing speeds and higher quality, you might think laser welding would quickly take over the field. But traditional welding hangs on. And depending on who you ask and what applications you consider, it may never go away.

Amada Opens New N.C. Plant; Tech Center to Follow

Amada America Inc., Buena Park, C.A., a supplier of precision sheet metal production equipment and related systems, has expanded its customer coverage in the Southeast with the opening of a 190,000 ft2 (17,652 m²) manufacturing facility near High Point, N.C.

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.