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).
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.
Boeing Starts New Year With a New CEO Trying to Solve Big Problems January 3, 2020 Boeing Co. is looking for a new start with a new CEO trying to resolve big problems.
Manufacturing Loses 12,000 Jobs in December January 10, 2020 U.S. manufacturers cut 12,000 jobs in December, with job losses spread across industries.
GMTA Offering Stiefelmayer Lasers In North America December 18, 2020 Full line of fiber and diode laser machines for cutting and hardening
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.
Safety Best Practices for the Age of Automation June 18, 2020 Automation has been an understandable focus in manufacturing for years now. And despite the recent wave of layoffs caused by the COVID-19 pandemic, the push will probably continue.
Machines Italia Issues Call for Submissions June 17, 2020 The Italian Trade Agency via its North American Offices is producing a 2020 edition of its Machines Italia magazine, highlighting solutions provided by Italian companies to a North American audience.
GROB Systems Breaks Ground on Expanded U.S. Manufacturing Facility January 24, 2024 The 135,000 square-feet expansion project will add 200 new jobs to its United States headquarters and manufacturing facility in Ohio, the company says.