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Caterpillar Profit Rises Despite Lower Revenue

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

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

How to Apply Principles of Lean Thinking to the Manufacturing Process

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

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

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.

Amada Opens New N.C. Plant; Tech Center to Follow

Amada America Inc., Buena Park, C.A., a supplier of precision sheet metal production equipment and related systems, has expanded its customer coverage in the Southeast with the opening of a 190,000 ft2 (17,652 m²) manufacturing facility near High Point, N.C.