Ford Suspends Dividend, Taps Credit Lines Because of COVID-19 Pandemic March 19, 2020 Ford Motor Co. said today it’s suspending its stock dividend and tapping credits lines to ensure it has enough cash amid the outbreak of the coronavirus (COVID-19).
Manufacturing ‘Stepping Up’ to Combat COVID-19, NAM Says March 26, 2020 U.S. manufacturing is “stepping up” to produce medical products needed to treat cases of the novel coronavirus (COVID-19), the head of a major trade and lobbying group said today.
Coronavirus Impact on Auto Industry May Accelerate March 6, 2020 The impact of the coronavirus on the auto industry is on the cusp of accelerating, according to a Center for Automotive Research presentation today.
U.S. Companies Aim to Expand Production, Repair of Ventilators March 24, 2020 General Motors Co. and medical equipment maker Ventec are accelerating their partnership code to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak, according to a Reuters report.
2019 U.S. Cutting Tool Orders Close at $2.4 Billion February 24, 2020 December 2019 U.S. cutting tool consumption totaled $187.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Durable Goods Orders Rise in February March 27, 2020 Durable goods orders rose in February before the novel coronavirus (COVID-19) began to hit the U.S. economy.
NSL Analytical Services Acquired by May River Capital January 17, 2020 NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
National Safety Council: COVID-19 on Pace to Become Third Leading Cause of Death in 2020 August 20, 2020 The National Safety Council says it is highly alarmed to see that the mortality numbers for COVID-19 already have surpassed the total annual number of preventable, accidental deaths in 2018, the most recent year of final data—and it is only August. At this pace, COVID-19 likely will be the third leading cause of death in 2020, behind only heart disease and cancer.
Connecting the Dots in Manufacturing July 28, 2020 Before Industry 4.0, it didn’t matter that the CAM software didn’t talk to the ERP system, or that the CNC machine tools were mute. Islands of information were acceptable back then.
Wenzel, Nikon Enter Distribution Partnership July 20, 2020 The distribution agreement between Nikon Metrology, Inc. – Americas and WENZEL America sees two of the biggest global players for metrology create a new partnership in North America. This distribution partnership provides customers with a combination of CMMs and Nikon Metrology’s laser scanning technology.
