Ford Posts Quarterly Loss on Argo Costs October 26, 2022 Ford Motor Co. today reported a quarterly loss on a writedown of its investment in self-driving company Argo AI.
An Industry in Transition July 14, 2022 The automotive industry is in transition, but perhaps not the type of transition that many analysts, forecasters, and company executives expected.
Key Lessons in Basic Metallurgy for Machine Shops August 26, 2021 While it is typically up to the design engineers or the customer to specify the materials needed for a part, sometimes even materials within specs seem just a little more difficult to machine.
Fast Radius to List on NASDAQ Through Business Combination with ECP Environmental Growth Opportunities Corp. July 22, 2021 Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.
Boeing Returns to Profit as Plane Deliveries Surge July 28, 2021 Boeing Co. today reported a second-quarter profit as commercial aircraft deliveries soared compared with a year-earlier loss when COVID-19 hammered the aerospace industry.
Sandvik to Acquire Chinese Round Tools Maker August 4, 2021 Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
Siemens Extends Xcelerator Portfolio July 29, 2021 Includes new functions for efficient electrical and automation design of industrial equipment
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.
Absolute Machine Tools Earns Diamond Partner Status from Mitsubishi Electric Automation June 24, 2021 Absolute Machine Tools has earned the title of Diamond Partner Systems Integrator from Mitsubishi Electric Automation Inc. The partnership is expected to expand opportunities in robotics and automation for 0020both companies.
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.