Ford Reports Quarterly Profit on Finance Unit July 28, 2021 Ford Motor Co. today reported a second-quarter profit with the automaker’s finance unit making up for losses in its vehicle operations.
FABTECH to Return to Chicago’s McCormick Place in September June 21, 2021 FABTECH will be the first large-scale manufacturing trade show to return to McCormick Place in Chicago, September 13-16. The announcement comes as the state of Illinois moves into its final reopening phase.
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.
E-mobility Increases Issues for Leak Detection August 5, 2021 Today’s rapid and unexpected growth in the production of vehicles with alternative drive systems is giving carmakers and their manufacturing partners a wide range of leak-detection challenges to ensure vehicle quality.
Desktop Metal Agrees to Acquire ExOne August 12, 2021 Desktop Metal Inc. agreed to acquire ExOne Co. in a transaction intended to accelerate 3D printing for mass production.
3D Systems Announces Expansion May 4, 2021 3D Systems announced an expansion in Denver to support its health care solutions business and expand application development capabilities for its Application Innovation Group.
Mitsubishi Electric Shows Advanced Tech in Demonstration Vehicle May 6, 2021 Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
Stratasys, DyeMansion Form Alliance May 3, 2021 Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.
U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Manufacturing Loses Jobs in April on Auto Layoffs May 7, 2021 Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.