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Ford Third-Quarter Profit Declines

Ford Motor Co. said Wednesday its third-quarter profit declined from a year earlier amid the semiconductor shortage while promising better days ahead.

Machine Tool Orders Rise in September

Machine tool orders gained in September as manufacturing’s recovery from the COVID-19 pandemic maintained momentum, AMT – The Association for Manufacturing Technology said today.

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.

Sandvik Creates More Sustainable Packaging

Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.