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The manufacturing economy cooled slightly in July while continuing to operate at a strong rate, the Institute for Supply Management said today.

Machine tool orders jumped in June as the industry enjoyed increases across various sectors.

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.

Manufacturing boosted employment by 27,000 jobs in July, with durable goods doing the heavy lifting.

Power management company Eaton and Tenneco announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet upcoming emissions regulations.

Recently, Ron Fritz, CEO of Tech Soft 3D, hosted a roundtable discussion with four other industry executives to discuss the future of manufacturing, the impact of COVID-19, aspects of manufacturing that will change, and industry collaboration.

3D Systems said it was selected by Raytheon Technologies and the Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL) as part of a research project.

Automating machining operations is at the top of the list of goals for most manufacturers, as needs and capital expenditure budgets allow.

Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs).

Librestream, a provider of augmented reality (AR) and remote collaboration solutions, said it secured investments from Honeywell and Evergy Ventures.