Durable Goods Orders Increase in May Based on Transportation June 24, 2021 New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.
Machine Tool Orders Surge in May July 12, 2021 Machine tool orders rose in May both on a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
View Marketing as an Investment—Not an Expense September 29, 2020 Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
Manufacturing Expansion Eases in September October 1, 2020 Manufacturing economic expansion eased in September while remaining at strong levels overall, the Institute for Supply Management said today.
IMTS Network Week Premiers September 14 – 18 September 11, 2020 On Monday, September 14, IMTS – The International Manufacturing Technology Show will launch IMTS Network, a new digital channel that will broadcast live on IMTS.com from 8 a.m. to 12 p.m. (CT) each day through September 18.
Secretary of the Air Force Unveils New “eSeries” Classification September 17, 2020 A new way of procuring systems, recognizing the Department’s digital future, and industry’s ability to deliver digital twins.
Fastems To Host Online Open House & Conference on Nov. 4 September 23, 2020 Fastems Group will host an online Open House & Conference entitled "Productivity Beyond Machine Tending" on November 4, 2020, starting at 11:00 EST. The virtual event will showcase the latest developments in automation and surrounding technologies to all metalworking manufacturers.
AMRs strut their stuff during pandemic, beyond December 8, 2020 In August, Rob Sullivan had an installation scheduled for two of his autonomous mobile robots at the Deutsche Post DHL Group’s Innovation Center in Troisdorf, Germany.
‘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.
Automation champions battling show-stopping integration issue in U.S. December 7, 2020 Like the United Nations’ international delegates who use interpreters to understand each other, robots, machines and other industrial components from various vendors speak different computer languages and need translators to help them communicate.