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.
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.
A showcase for lasers’ versatility in aerospace January 31, 2020 A couple of years back, Scott Blake was at a trade show in Baltimore when two researchers from the National Aeronautics and Space Administration Goddard Space Flight Center stopped at his company’s booth.
5 things to do to stay sane, achieve industrial efficiency January 29, 2020 Manufacturers face challenging times. After more than a decade of booming economic growth, some are pointing to a potential recession.
A&D companies would do well to pay attention to 5G January 23, 2020 Much has been written about potential applications for 5G. But a less well known application exists in the aerospace and defense industry—that pertains to manufacturing processes.
Ready for new frontiers in energy storage, computing? January 21, 2020 To understand where the field of ceramics in electronics is headed, you have to think small—really small, as in thicknesses that measure only a few hundred nanometers.
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.
