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GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.

Reshoring Operations in the Age of COVID-19: Part Two

In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.

The Diversification Crisis in Manufacturing

According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.

The Heart of Modern Manufacturing

Controls help make modern manufacturing go. Controls help shop floor employees monitor Industry 4.0 technology. Controls also boost productivity on the shop floor. Technology companies are highlighting improvements designed to maintain the forward momentum of advanced technology.