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GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.

PRAB Introduces Auto-Take Up

PRAB Inc. is introducing the Auto-Take Up System, a conveyor enhancement that automatically tightens belts and eliminates the need for manual adjustments.

Hardinge Acquires Ohio Tool Works

Hardinge Inc. has acquired Ohio Tool Works, LLC. Hardinge said the deal will enhance its machine tool and workholding portfolio.