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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.

An Insider Perspective on Manufacturing’s Future

Recently, Ron Fritz, CEO of Tech Soft 3D, hosted a roundtable discussion with four other industry executives to discuss the future of manufacturing, the impact of COVID-19, aspects of manufacturing that will change, and industry collaboration.

Advanced Toolholding Secures Part Quality for High End Job Shop

From the moment Norbert Kozar, CEO, took charge of Precision Swiss Products Inc. in 2007, he steered the Milpitas, Calif.-based job shop on a trajectory toward achieving both ISO 13485 certification and AS 9100 certification in a few short years.

Dispelling Factory Automation Myth #1

Automating machining operations is at the top of the list of goals for most manufacturers, as needs and capital expenditure budgets allow.

Eaton to Develop Gearing for EVs

Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs).

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.