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Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.

Eaton said it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.

Claudia Jarrett, U.S. country manager at automation parts supplier EU Automation, delves into the pros and cons of both gigafactories and microfactories.

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

Stephanie Brinley of IHS Markit provides an overview of the global auto industry, including how the drive for EVs is affecting automakers.

Manufacturers such as Valeo are developing new technology to reduce emissions.

Manufacturing employment increased by 37,000 jobs last month, with motor vehicles and parts leading the way.

The COVID-19 pandemic clearly proved challenging to the manufacturing industry in myriad ways. Now, as nations and industries begin to navigate their way forward as restrictions are lifted, manufacturers have an opportunity to put into practice some lessons learned.

After dealing with COVID-19 in 2020, short- and long-term challenges confront the industry in 2021.

Phillips Corp. aims to provide young people with the tools to create meaningful manufacturing careers.