Computer Chip Shortage May Be the Start of Challenges for Auto Suppliers October 13, 2021 An ongoing computer chip shortage may be the beginning of challenges for automotive suppliers, consulting firm Deloitte said in a report.
Methods Machine Tools to Acquire Koch Machine Tool October 18, 2021 Methods Machine Tools has signed an agreement with an intent to acquire Koch Machine Tool, a machine tool dealer and Methods’ avenue into the Texas machining market since 2010. Methods anticipates a definitive agreement by January 1, 2022.
Stratasys Collaborates With Adobe October 26, 2021 Stratasys Ltd. today announced a collaboration with Adobe that gives artists and engineers using Adobe Substance 3D Painter a workflow that allows them to easily turn digital 3D renderings into 3D-printed models.
Desktop Metal Opens New Manufacturing Facility November 1, 2021 Desktop Metal today announced the opening of a new in-house manufacturing facility that will more than triple the final assembly space currently dedicated to the Production System platform.
Boeing Reports Operating Profit for Third Quarter October 27, 2021 Boeing Co. today reported an operating profit for the third quarter as commercial aircraft deliveries improved. The company posted an overall loss on one-time costs.
Manufacturing Remains Strong While New Orders Cool November 1, 2021 Manufacturing in October continued operating at a strong rate while new orders – which fuel future growth – cooled somewhat, the Institute for Supply Management said today.
Ford Third-Quarter Profit Declines October 27, 2021 Ford Motor Co. said Wednesday its third-quarter profit declined from a year earlier amid the semiconductor shortage while promising better days ahead.
Durable Goods Orders Fall on Transportation October 27, 2021 New orders for durable goods slid in September on declines in orders for transportation equipment, the U.S. Commerce Department said today.
Caterpillar Profit Soars October 28, 2021 Caterpillar Inc. today said third-quarter earnings soared as the maker of earthmovers, mining trucks and other heavy equipment saw increased sales.
An Essential Element of Electrification August 26, 2021 An official of the Aluminum Association makes the case why aluminum will be important for the electrification of vehicles.