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.
Manufacturing Loses 12,000 Jobs, Paced by Motor Vehicles February 7, 2020 U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
MFG 2020 to be Held April 1-5 in Fort Lauderdale February 20, 2020 The Association For Manufacturing Technology (AMT) has announced that The MFG Meeting will be held April 1-5, 2020 in Fort Lauderdale, Fla. at the Fort Lauderdale Marriott Harbor Beach Resort & Spa.
Michigan Manufacturing Technology Center Announces Two Promotions February 19, 2020 Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.
Robot Company Creates Industry 4.0-Friendly Software August 2, 2019 FANUC has made real one of the promises of Industry 4.0, that of predictive maintenance for factory equipment, with its Zero Down Time IoT solution. ZDT can be applied to any of FANUC’s robotic arms and their peripherals.
Today’s Grinders Must Do It All for HMLV Production July 1, 2019 When it comes to the production of high-precision parts for industries ranging from aerospace to medical, grinding remains the best, most cost-effective approach to obtaining fine surface finishes and tight tolerances.
New Technology Powers Performance at U.S. Mold Shops June 26, 2019 There’s growing evidence that some of the moldmaking business that fled the U.S. chasing cheaper sources offshore is returning. Moldmakers are not finding enough of a favorable cost differential to offset poor mold performance and the need for rework of faulty molds.
Bystronic Introduces ByStar Fiber Laser Cutting Machine with 12kW of Fiber Power May 3, 2019 With the new ByStar Fiber 12kW, high speeds and a large spectrum of applications are possible. The ByStar Fiber from Bystronic is being enhanced with a 12kW Fiber laser and a newly designed cutting head which enables the “BeamShaper” option, enabling consistent cutting quality on varied material qualities up to 1.125 inches.
GF Machining Solutions to Debut Four New Products at 2019 Solutions Days May 15, 2019 GF Machining Solutions will unveil four new products for the first time in North America at its 2019 GF Solutions Days: the AgieCharmilles CUT C 350; the Microlution ML-10 and MLTC; and the DMP Flex 350.
Manufacturing Forecast to Continue Expanding in 2019 May 8, 2019 Purchasing and supply executives expect manufacturing to continue expanding in 2019, according to a survey by the Institute for Supply Management.
