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.
Advanced Lasers Meet Diverse Needs of Tooling Group February 5, 2020 Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
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.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
ISM Manufacturing Index Weakens in December January 3, 2020 Manufacturing softened in December to its lowest level in more than a decade, the Institute for Supply Management said today in a monthly report.
How to Apply Principles of Lean Thinking to the Manufacturing Process December 26, 2019 In manufacturing, the most efficient process is destined to come out on top. Efficiency is the highest priority. Toyota revolutionized the standards of efficient manufacturing by applying the principles of what is now known as lean thinking, a term coined by Daniel T. Jones and James P. Womack who have studied Toyota’s rise in-depth.
Contain the Risks of Obsolete Engineering Information December 19, 2019 Engineering information is both pervasive and essential within manufacturing plants. And, it changes constantly as a result of maintenance-related adjustments, alterations in plant processes, or the swap-out of components.
Boeing Throws Up the White Flag on 737 Max December 17, 2019 Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.
Manufacturing Faces Uncertain 2020, Deloitte Says November 18, 2019 Manufacturing faces “continued risk for disruption” and uncertainty in 2020, consulting firm Deloitte said in a report.
