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Caterpillar Profit Rises Despite Lower Revenue

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.

MFG 2020 to be Held April 1-5 in Fort Lauderdale

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.

Mazak DISCOVER 2019 Draws Thousands of Attendees

More than 2,000 manufacturers from across North America attended Mazak Corporation’s DISCOVER 2019 event held November 5-7 and 12-13 at the company’s North American Manufacturing Headquarters in Florence, Ky.

New President for CHIRON America

Dr. Markus Flik, CEO, Chiron Group recently announced the appointment of Steve Morris as Chiron America’s new president and chief executive officer effective immediately. Chiron America is a unit of Chiron Group, Tuttlingen Germany, a designer and builder of vertical milling and turning centers and flexible machining systems.

Doosan Draws a Big Crowd at DIMF 2019

Doosan Machine Tools hosted a record number of attendees from 50 countries at the 2019 edition of the Doosan International Machine Tool Fair (DIMF) held recently in Changwon, South Korea. A total of 80 machines were on display, including 38 new or upgraded models.