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.
Machine Tool Processes Depend on Creative Enablers July 30, 2020 It is fair to say that IMTS, virtual or otherwise, presents the ultimate manufacturing tool box, where shops can find the newest, most innovative and proven devices for holding, moving, cutting, bending and inspecting workpieces.
BIG Kaiser Celebrates 30 Years August 7, 2020 BIG Kaiser Precision Tooling Inc., Hoffman Estates, Illinois, a manufacturer of premium high-precision tooling systems and solutions for the metalworking industries, is celebrating its 30th anniversary.
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.
Boeing Reports Record Loss January 27, 2021 Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.
Durable Goods Orders Rise on Transportation February 25, 2021 New orders for durable goods rose 3.4 percent last month, paced by transportation equipment, the Commerce Department said today.
ARCH Global Precision Announces Acquisition January 15, 2021 ARCH Global Precision said it has acquired LISI Medical Jeropa Inc.
Manufacturing Adds 27,000 Jobs, Led by Motor Vehicles December 4, 2020 U.S. manufacturing added 27,000 jobs last month, buoyed by gains in motor vehicles and parts, the Labor Department said today.
Manufacturers May Turn to Digital to Recover From Pandemic December 9, 2020 Manufacturers may look to investing in digital technology as they seek to recover from the COVID-19 pandemic, consulting firm Deloitte said this week in a report.