Detroit Seeks to Re-Enter Formula One February 6, 2023 Detroit’s biggest automotive players want to get back into Formula One, the global auto racing series. Some of those involved have scores to settle.
Manufacturing Contraction Deepens in January February 1, 2023 The contraction in the manufacturing economy deepened last month, the Institute for Supply Management said today.
Rollomatic Names New CEO February 2, 2023 Rollomatic Inc., a subsidiary of Rollomatic Holding Switzerland, announced the appointment of Joe Kane as CEO of Rollomatic Inc. as of Jan. 1.
Manufacturing Adds 19,000 Jobs, Mostly in Non-Durable Goods February 3, 2023 Manufacturing boosted employment by 19,000 jobs in January, with non-durable goods doing the heavy lifting.
Ford Quarterly Profit Plunges; Automaker Posts Annual Loss February 2, 2023 Ford Motor Co. reported that fourth-quarter profit plunged.
LIFT, Defense Department Sign Accord May 16, 2023 LIFT, the Detroit-based Department of Defense manufacturing innovation institute, today announced it has signed a new Cooperative Agreement with the Department of Defense Manufacturing Technology (ManTech) Program to continue to operate the public-private partnership and national manufacturing innovation institute (MII) for the next five years.
Eaton Continues eMobility Expansion in Europe May 9, 2023 Eaton said it is continuing to expand its European eMobility operations.
Machine Tool Orders Rise on Monthly Basis May 8, 2023 Machine tool orders advanced in March on a monthly basis and almost matched year-earlier levels, AMT – The Association for Manufacturing Technology said today.
Reshoring Boosted by EV Batteries May 22, 2023 Reshoring announcements rise 11% in the first quarter compared with a year earlier, according to the Reshoring Initiative.
Automaker EV Efforts May Fall Short May 23, 2023 Automakers may fall short of their targets for electric vehicles, an auto industry forecaster said .
