GE, GMIS to Explore Benefits of Digitization May 25, 2021 GE and the Global Manufacturing and Industrialisation Summit (GMIS) have announced a partnership to explore the role of digitization, lean manufacturing, and workplace safety to support the transformation of manufacturing and economic regeneration.
The Connected Control February 22, 2021 Ethernet ports first started appearing on CNC lathes and machining centers more than 20 years ago.
FANUC, Rockwell Automation Form Coalition February 26, 2021 FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.
Halter CNC Robotics Announces First US Scholarship for Veterans and Active U.S. Military February 25, 2021 Halter CNC Robotics, a CNC automation firm, announced it will be awarding a $2,500 scholarship to a U.S. veteran or active service member who wants to study manufacturing automation, engineering or robotics.
Boeing Reports Record Loss January 27, 2021 Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.
Durable Goods Orders Rise on Transportation February 25, 2021 New orders for durable goods rose 3.4 percent last month, paced by transportation equipment, the Commerce Department said today.
Where is Manufacturing Tech Headed in 2021? January 15, 2021 Manufacturing technology is constantly changing, both in terms of the types of products produced and the ways those products are made. As we ease into 2021, here are some interesting trends I’ve heard about.
Cottonwood Expands Into Industrial Financing February 22, 2021 Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.
View Marketing as an Investment—Not an Expense September 29, 2020 Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
Manufacturing Expansion Eases in September October 1, 2020 Manufacturing economic expansion eased in September while remaining at strong levels overall, the Institute for Supply Management said today.