Boeing Reports Quarterly Loss on 787 Charges January 26, 2022 Boeing Co. today reported a fourth-quarter loss after taking a $3.5 billion pretax charge related to costs to fix its troubled 787 Dreamliner program.
Durable Goods Orders Decrease in December on Aircraft January 27, 2022 New orders for durable goods fell in December on decreases in orders for commercial and defense aircraft, the U.S. Commerce Department reported today.
Stellantis, Samsung SDI to Invest $2.5B in Battery Plant May 24, 2022 Stellantis N.V. and Samsung SDI today announced that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana.
Mazak Makes Distribution Changes May 25, 2022 Mazak has announced new distribution in Northern Ohio, Virginia, Southern West Virginia, North Carolina and South Carolina.
Manufacturing Forecast to Expand for Rest of 2022 May 24, 2022 The manufacturing economy is forecast to keep expanding for the rest of 2022, the Institute for Supply Management said today.
Stratasys Expands AM Applications May 10, 2022 Stratasys Ltd. said it was expanding additive manufacturing applications with systems, software and materials.
Combination of 3D Printing, Digital Twins Revamping Manufacturing, Siemens Executive Says May 17, 2022 The combination of additive manufacturing and digital will transform manufacturing, a Siemens executive said today at RAPID + TCT.
Durable Goods Rise on Transportation May 25, 2022 New orders for durable goods rose slightly in April, paced by transportation equipment.
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.
