Ford Motor Reports 3Q Earnings Rebound October 28, 2020 Ford Motor Co. today reported a third-quarter earnings rebound on sales of trucks and SUVs. The automaker cautioned some bumps remain.
Sandvik to Acquire Software Developer CGTech October 29, 2020 Sandvik AB has signed an agreement to acquire CGTech, Irvine, Calif., a global developer of software for numerical control (NC/CNC) simulation, verification and optimization.
Durable Goods Orders Rise on Transportation October 27, 2020 Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.
Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Future Trends for Manufacturing January 25, 2021 The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
Expand Machinery Introduces GEN TURN 52 CS Y2 Non-Guide Bushing CNC Swiss January 20, 2021 Expand Machinery LLC has introduced the GENTURN-52CS Y2, a 2" bar capacity, eight-axis Swiss mill/turn center featuring a subspindle and dual C and Y axes for the production of complex work in one handling.
ESPRIT Debuts On-Demand Learning Center for Programmers January 19, 2021 ESPRIT, a developer of CAM software for CNC programming, optimization, and simulation, has released its on-demand training platform, ESPRIT Learning Center, to the general public.
Shyft Group Looks to Hire in Michigan January 12, 2021 The Shyft Group, a specialty vehicle maker plans to hire new manufacturing employees at its Charlotte, Mich., campus.