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Promess Inc. has implemented a significant expansion of its manufacturing capabilities with the acquisition of a fully-equipped, 45,000 square foot facility in Brighton, Mich.

Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.

Kyocera Corp. said it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan.

The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.

Most manufacturing executives participating in a survey said cybersecurity threats are beginning to overwhelm their resources.

Machine tool orders gained in September as manufacturing recovered from a severe recession.

In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.

Durable goods orders increased in September on transportation equipment, the U.S. Commerce Department said today.

Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.

On Monday, September 14, IMTS – The International Manufacturing Technology Show will launch IMTS Network, a new digital channel that will broadcast live on IMTS.com from 8 a.m. to 12 p.m. (CT) each day through September 18.