GM Quarterly Profit Falls Amid COVID-19 May 6, 2020 General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
Remote Monitoring Reveals How to Boost Uptime on Laser Machines April 27, 2020 East Iowa Machine Co. (EIMCo) in Farley, Iowa, is a full-service machine and fabrication shop. It is an ISO 9001:2015 certified manufacturing company, employing about 150 people on three shifts at its single 130,000 ft2 (12,077 m3) location, and converts raw metals into finished component parts and assemblies using a wide variety of CNC equipment and state-of-the-art manufacturing processes.
NAM Survey: Optimism Dips But Manufacturers Stay Open May 28, 2020 The National Association of Manufacturers said a survey shows that while optimism has dipped, manufacturers are staying open or have only temporarily closed operations because of COVID-19.
Survey: Quality Now Seen as Growth Driver April 16, 2020 According to a survey, companies are investing more in quality as a strategic business growth initiative that brings a significant return on investment.
Plan Now to Exploit Post-Virus Opportunities, Industry Analysts Urge April 13, 2020 Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.
Prima Power Laserdyne Moves To Expanded New Facilities To Support Growth March 2, 2020 Prima Power Laserdyne has relocated and expanded its manufacturing and operations center. During February, Prima Power Laserdyne moved from its old location in Champlin, Minn., to the new facility in Brooklyn Park, Minn.
MC Machinery Announces New Regional Sales Representative March 4, 2020 MC Machinery Systems has named Craig Barbeck to the MC Machinery team as a Regional Sales Representative for the Northern Ohio Territory. Barbeck will support the sales team with a focus on laser and press brake products.
Manufacturing Jobs Rebound, Led by Motor Vehicles March 6, 2020 Manufacturing employment rebounded in February, with motor vehicles and parts leading the way with a gain of 6,800 jobs. Manufacturing added 15,000 overall.
Machine Tool Orders Fall in January, Coronavirus May Delay Industry Comeback March 9, 2020 Machine tool orders fell sharply in January while the new coronavirus may delay the industry’s comeback, AMT – The Association for Manufacturing Technology, said today in a monthly report.
ISM Says China Coronavirus Outbreak Worsening Lead Times March 11, 2020 The outbreak of the coronavirus in China is causing longer lead times and will reduce revenue for companies, according to respondents in a special Institute for Supply Management survey.