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.
Marposs Contributes to Award Winner December 4, 2020 Marposs said its Artis CTM Tool and Process Monitoring System has played a role in a 2020 Henry Ford Technology Award (HFTA) winning program focused on Torque Monitoring of Gear Machining Processes.
Siemens Advances Digital Twin Technology for Machining October 15, 2020 In a virtual event conducted over the internet on October 15, Siemens introduces new capabilities for its Sinumerik One control package.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.