GM Reports Quarterly Profit, Raises Forecast August 4, 2021 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.
Durable Goods Orders Rise on Aircraft July 27, 2021 Durable goods orders increased in June assisted by a gain in aircraft orders, the U.S. Commerce Department reported today.
Caterpillar Quarterly Profit Rises on Sales Boost July 30, 2021 Caterpillar Inc. today reported a higher second-quarter profit as sales of its heavy equipment increased.
Eaton Introduces New Business Unit February 24, 2022 Power management company Eaton announced its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle (EV) transmission, reduction gearing and differential portfolio.
Cutting Tool Orders Rise in December February 15, 2022 Cutting tool orders rose in December on both a monthly and year-over-year basis.
Weiler Abrasives Donates $25,000 to Workshops for Warriors February 16, 2022 Donation supports training for veterans entering advanced manufacturing careers.
Auto Semiconductor Shortage Forecast to Extend Into 2023 February 23, 2022 The auto industry’s shortage of semiconductors will last into 2023 and possibly beyond, according to forecasts delivered on Feb. 23
Stratasys Says Quarterly Revenue Expanded February 24, 2022 Additive manufacturer Stratasys Ltd. said Feb. 23 fourth-quarter revenue increased by 17 percent from a year earlier.
Eaton to Supply Tech to European EV Maker April 20, 2022 Eaton said its eMobility business has received a contract to provide its Breaktor circuit protection technology to a European vehicle manufacturer for EV models.
Eaton Opens Facility in Germany April 26, 2022 Power management company Eaton today announced its Vehicle Group and eMobility businesses are continuing their expansion into Europe, a leading region in electrified vehicle (EV) technology, with the establishment of a new office and research center in Karlsruhe, Germany.
