GE, GMIS to Explore Benefits of Digitization May 25, 2021 GE and the Global Manufacturing and Industrialisation Summit (GMIS) have announced a partnership to explore the role of digitization, lean manufacturing, and workplace safety to support the transformation of manufacturing and economic regeneration.
Auto Recovery From Chip Shortage May Be Long May 26, 2021 The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.
Durable Goods Orders Fall, Dragged Down by Transportation May 27, 2021 Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.
Three Ways Manufacturers Can Gracefully Transition Through the ‘Silver Tsunami’ July 15, 2021 We can gracefully and successfully transition through the storm by implementing three simple actions: visualize the instinctual tribal knowledge of our company veterans, use automation to complement our workforce challenges and get involved in our local industry partnerships.
Manufacturers Cope With New Leasing Standard June 10, 2021 Sarah O'Sullivan, accounting director at LeaseQuery, talked to SME Media about how accounting changes related to leases are affecting manufacturers.
Workforce Development for Global Competitiveness June 24, 2021 A widening skills gap threatens U.S. manufacturing competitiveness and consequently our economy. A talent pipeline with a sufficient supply of properly aligned skills is imperative to meet U.S. manufacturers’ needs for capacity, productivity and innovation.
Felsomat USA to Host Innovation Day on June 10 June 7, 2021 Felsomat USA will host Innovation Day on June 10 at its U.S. headquarters in Schaumburg.
Michigan Manufacturing Technology Center Announces Two Promotions February 19, 2020 Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 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.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
