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.
Robotics Australia Group seeks government survey participation October 27, 2020 Robotics Australia Group is asking creators of robotics and robotics-related technology to complete the Australian Government’s new survey of Australia’s artificial intelligence (AI) and autonomous systems capability.
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.
BIG Kaiser Promotes Jack Burley to President/COO October 27, 2020 BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.
Shyft Group Looks to Hire in Michigan January 12, 2021 The Shyft Group, a specialty vehicle maker plans to hire new manufacturing employees at its Charlotte, Mich., campus.
November 2020 U.S. Cutting Tool Orders Down 9.9% from October 2020 January 25, 2021 November 2020 U.S. cutting tool consumption totaled $151.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
YG-1 Introduces i-ONE Drill Inserts and Tool Steel Holders January 15, 2021 The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.
GWS Tool Group Acquires Taurus Tool & Engineering January 12, 2021 GWS Tool Group has acquired Taurus Tool & Engineering. Taurus, based in Batavia, Illinois. It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.
ARCH Global Precision Announces Acquisition January 15, 2021 ARCH Global Precision said it has acquired LISI Medical Jeropa Inc.