Advanced Lasers Meet Diverse Needs of Tooling Group February 5, 2020 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.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 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 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
U.S. Cutting Tool Orders Down 1% in November Year to Date January 24, 2020 November 2019 U.S. cutting tool consumption totaled $189.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
A showcase for lasers’ versatility in aerospace January 31, 2020 A couple of years back, Scott Blake was at a trade show in Baltimore when two researchers from the National Aeronautics and Space Administration Goddard Space Flight Center stopped at his company’s booth.
5 things to do to stay sane, achieve industrial efficiency January 29, 2020 Manufacturers face challenging times. After more than a decade of booming economic growth, some are pointing to a potential recession.
A&D companies would do well to pay attention to 5G January 23, 2020 Much has been written about potential applications for 5G. But a less well known application exists in the aerospace and defense industry—that pertains to manufacturing processes.
Ready for new frontiers in energy storage, computing? January 21, 2020 To understand where the field of ceramics in electronics is headed, you have to think small—really small, as in thicknesses that measure only a few hundred nanometers.
GWS Tool Group Acquires Intrepid Tool Industries January 8, 2020 GWS Tool Group has acquired Intrepid Tool Industries. Intrepid is the first add-on acquisition in 2020 for GWS.
