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.
FANUC RoboDrill and Methods Automation Increases Production at Family-Owned Manufacturer January 23, 2020 Timney Triggers is a second-generation, family owned Phoenix based manufacturer of aftermarket triggers. It has been building triggers since 1946 with a mission of providing a lifetime of accurate shooting by producing the best quality precision trigger, according to the company.
Marubeni Citizen-Cincom Announces Open House for New Tech Center January 16, 2020 Marubeni Citizen-Cincom Inc. (MCC) has announced a ribbon cutting and grand opening celebration for its new technical center and showroom at 800 Silver St., Agawam, Mass. Doors will open at 9:00 am on March 9, with a ribbon cutting ceremony at 10:00 am.
Cutting-Edge Machine Tools and CAM Software Help Job Shop Reduce Cycle Time by 50 Percent January 9, 2020 Founded in 1984, Arundel Machine Tool Co. Inc., Arundel, Maine, has evolved into a major CNC manufacturer of precision-machined components based in New England.
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.
