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.
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.
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.
Heidenhain Opens Expanded Western U.S. Headquarters July 8, 2020 Heidenhain Corp. has opened its newly completed West Coast headquarters. This includes the expansion of its executive, sales and technical support offices, as well as demo facilities in San Jose, Calif. The company also maintains a Midwest headquarters in Schaumburg, Illinois.
Kaman Measuring Announces Sensors for High Pressure, Low Temperature, and High Temperature Applications October 4, 2019 The Measuring Division of Kaman Precision Products, Inc. announces the availability of its line of Extreme Environment high-precision displacement sensors and systems.
Salesforce Launches Manufacturing Cloud September 17, 2019 Salesforce (NYSE: CRM), a CRM software developer, announced Manufacturing Cloud, a new industry-specific product for manufacturers. Manufacturing Cloud brings sales and operations teams together around a unified view of market and customer demands to more accurately forecast, plan and drive predictable business performance, according to Salesforce.
Mobile Robots Increase Worker Productivity, Safety October 16, 2019 A mobile fleet of Universal Robots now receives daily work orders to solve ever-changing tasks for high-mix/low-volume electronics manufacturer Scott Fetzer Electrical Group (SFEG; Fairview, TN). Supplied by Universal Robots USA Inc.
Automation Marches on at FABTECH November 25, 2019 FABTECH 2019, held Nov. 11-14 at McCormick Place in Chicago, featured multiple educational opportunities for attendees. A key feature of the FABTECH educational program, and one open free to all attendees, were the Leadership Exchange Panels.
Boeing Throws Up the White Flag on 737 Max December 17, 2019 Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.
