CHIRON Group Announces New CEO March 15, 2021 Carsten Liske was named Chief Executive Officer of CHIRON Group SE effective March 1, rounding out the senior management team at the machining centers and solutions specialist.
‘Rebalancing’ expands LIFT’s focus to include materials, processes and systems December 3, 2020 LIFT recently expanded the focus of its desire to “create innovations faster, better and cheaper” to the materials, processes and systems involved in moving innovations from concept to commercialization.
Formlabs Announces Tough 1500 Resin February 11, 2020 Today, Formlabs continued turning additive manufacturing’s talk into action with the release of the company’s newest material, Tough 1500, part of Formlabs’ Engineering Resin segment. Designed for the company’s stereolithography (SLA) 3D printers, Tough 1500 Resin enables engineers, designers and manufacturers to create stiff, yet pliable, parts that bend and spring back quickly under cyclic loading, according to the company.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 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 M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
Winglets from Daher Used on New Gulfstream G700 Large-Cabin Business Jet February 18, 2020 Performance-enhancing winglets built by Daher are incorporated on Gulfstream Aerospace Corp.’s all-new G700, contributing to this twin-engine business jet’s fuel efficiency and ultralong-range.
Manufacturing Loses 12,000 Jobs, Paced by Motor Vehicles February 7, 2020 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.
Michael Lo, Kevin Hay, and Dr. Axel Henning Selected for Best Paper at Water Jet 2019 Conference February 13, 2020 Three members of the OMAX Research and Development team, Michael Lo, Kevin Hay, and Dr. Axel Henning, have won the Best Paper at the Water Jet 2019 conference in the Czech Republic.
Voith to Deliver Eight Electric Voith Schneider Propellers to Norwegian Shipping Company Østensjø July 1, 2020 Voith will deliver eight electric Voith Schneider Propellers (eVSP) to the Norwegian shipping company Østensjø, thus enabling resource-saving and energy-efficient operation of the four offshore wind supply vessels. The four ships will be built in Spain and are already equipped for the application of CO2-neutral hydrogen technology.
