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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.

Desktop Metal Opens New Manufacturing Facility

Desktop Metal today announced the opening of a new in-house manufacturing facility that will more than triple the final assembly space currently dedicated to the Production System platform.

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.

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.