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Caterpillar Profit Slips Due to Pandemic

Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.

GM Electrifies its Future

General Motors dropped a fuel bomb on the auto industry at the end of January. Specifically, it said the fuel of the future for many of its vehicles will be electricity, not gasoline. For an iconic company like GM, that news is beyond big.

Manufacturing Surges in February

Manufacturing hit the accelerator in February, with new orders, production and employment all contributing to a strengthening economy, the Institute for Supply Management said today.

New CAD/CAM Options Refine Metalcutting Ops

With CAD/CAM software, machine operators and manufacturing engineers are always looking for the latest twists along the route to optimizing their metalcutting performance.

Rush job? No prob!

Improvements in manufacturing management software, robotics, additive manufacturing and thermal controls are making small batch sizes more cost effective—even for smaller shops. Manufacturing plants are able to reduce inventory, improve throughput and reduce demands on human operators.