Slow Auto Recovery Is Forecast December 17, 2020 The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Ford Motor Reports 3Q Earnings Rebound October 28, 2020 Ford Motor Co. today reported a third-quarter earnings rebound on sales of trucks and SUVs. The automaker cautioned some bumps remain.
Durable Goods Orders Rise on Transportation October 27, 2020 Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.
Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
First Time’s the Charm January 6, 2021 All shops want to be more productive and reduce downtime. For some, this means an investment in a high-end CNC machine tool. Others give quick-change toolholders a try, or pursue an IIoT (Industrial Internet of Things) machining strategy.
CAD/CAM Software and Specialized Tooling Help GK Machine Cut Time, Boost Production December 29, 2020 In Donald, Ore., 24 miles south of Portland, GK Machine Company Inc., is manufacturing parts for heavy agricultural equipment such as harvesters, sprayers, tree diggers, and hose reels.
Manufacturing Equipment Market to Recover After The Collapse Of 2020 January 4, 2021 The Italian machine tool, robot and automation industry trade organization, UCIMU-SISTEMI PER PRODURRE, forecasts a recovery in 2021
Use the Swiss Cheese Model to Fight COVID-19 January 5, 2021 In 2020, most manufacturers focused on mitigating the impact of COVID-19, but mitigation is too little too late. Many companies learned that lesson after seeing how COVID-19 outbreaks affected either their own facilities or other manufacturing firms.
NAM Urges Congress to Respect Democracy, Elections January 4, 2021 The CEO of the National Association of Manufacturers said that manufacturers "stand with members of Congress who intend to uphold their constitutional responsibility and vote to certify the Electoral College tallies that resulted from free, fair and legal elections in the states."