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.
Machine Tool Mega Show TIMTOS x TMTS 2022 Opens February 22, 2022 TIMTOS x TMTS 2022, the first co-branded machine tool mega show in Taiwan has opened. A total of 950 exhibitors in 5,100 booths has packed Taipei Nangang Exhibition Center Hall 1 & 2. The physical show will go for six days while the one-month online exhibition till March 21.
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.
New Standard Ceratizit Insert Grades Optimize Steel Turning February 18, 2022 Ceratizit has introduced three new standard coated-carbide ISO-P steel insert grades that provide up to 20 percent longer tool life when compared to previous-generation grades.
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.
