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.
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.
MFG 2020 to be Held April 1-5 in Fort Lauderdale February 20, 2020 The Association For Manufacturing Technology (AMT) has announced that The MFG Meeting will be held April 1-5, 2020 in Fort Lauderdale, Fla. at the Fort Lauderdale Marriott Harbor Beach Resort & Spa.
Absolute Machine Tools Grows Integrated Systems and Engineered Solutions Services February 21, 2020 Shrinking availability of skilled labor and continual cost-reduction pressures are magnifying the importance of manufacturing systems, services and integrated solutions, according to machine tool importer and distributor Absolute Machine Tools Inc., Lorain, Ohio.
Michigan Manufacturing Technology Center Announces Two Promotions February 19, 2020 Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.
Robot Company Creates Industry 4.0-Friendly Software August 2, 2019 FANUC has made real one of the promises of Industry 4.0, that of predictive maintenance for factory equipment, with its Zero Down Time IoT solution. ZDT can be applied to any of FANUC’s robotic arms and their peripherals.
Optimization Module Tackles Tough Materials March 8, 2019 Most anyone who’s worked in a machine shop for any length of time has at some point attended a trade show or machine tool distributor’s open house. There they see canned demonstrations of CNC machines busily carving up chunks of brass, mild steel, or aluminum into business card holders and tic-tac-toe games.
Mazak to Demo 30+ Advanced Machining Systems at DISCOVER 2019 July 31, 2019 At the DISCOVER 2019 manufacturing education and technology event, Mazak Corp. will demonstrate more than 30 manufacturing systems ranging from cost-efficient turning and milling solutions to hybrid technologies that the company says will allow manufacturers to re-imagine part-production operations altogether.
Manufacturing Forecast to Continue Expanding in 2019 May 8, 2019 Purchasing and supply executives expect manufacturing to continue expanding in 2019, according to a survey by the Institute for Supply Management.