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

Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.

U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.

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.

Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.

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 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.

Acieta LLC is the fourth acquisition by Angeles in the robotics integration sector.

Revolutionizing Manufacturing: How Laser Pioneers and Automation Are Transforming the Industry