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Caterpillar Profit Soars

Caterpillar Inc. today said third-quarter earnings soared as the maker of earthmovers, mining trucks and other heavy equipment saw increased sales.

The U.S. is Overly Dependent on Imports

The COVID-19 pandemic revealed how 40 years of increasing dependence on imports and the resulting hollowing out of U.S. manufacturing has created unacceptable national vulnerabilities.

Walter to Acquire GWS Tool Group

Walter has signed an agreement to acquire the U.S.-based GWS Tool Group, a manufacturer of solid carbide endmills and drills as well as HSS taps and PCD products.