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Minimizing Downtime With Additive Manufacturing

Be it due to a breakage or malfunction of tooling or a part, manufacturers will likely acknowledge that it’s not unusual for one or more production line(s) to be down, waiting for a replacement item at any given time.

Advanced Lasers Meet Diverse Needs of Tooling Group

Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.

Caterpillar Profit Rises Despite Lower Revenue

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

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

3D Printing Cleared for Takeoff

Aerospace was an early, and enthusiastic, adopter of additive manufacturing. The technology has been used to make brackets inside of aircraft.