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How to save a cool $100 million. Each year.

A major aerospace equipment manufacturer struggled to balance supply and demand. The failure resulted in long lead times, high inventory, rising costs and an inability to meet customer demand. The manufacturer risked loss of market share.

Jenoptik Opens New Automotive Technical Center

Metrology developer Jenoptik AG (Jena, Germany) on Thursday officially opened its new North American technology campus here that will focus on the industrial metrology and laser processing systems used primarily by its automotive OEM and Tier customers.

AFFOA opens state-of-the-art facility for protoyping advanced fabrics

Just over a year after its funding award, a new center for the development and commercialization of advanced fabrics is officially opening its headquarters today in Cambridge, Massachusetts, and will be unveiling the first two advanced fabric products to be commercialized from the center’s work.

Machinery Industry Is Healthy, Expanding

“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.