Caterpillar Profit Slips Due to Pandemic January 29, 2021 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.
Reshoring Operations in the Age of COVID-19: Part Two November 5, 2020 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.
Digital Foundry Holds Virtual Groundbreaking November 2, 2020 The Digital Foundry at New Kensington, a new 15,044 square-feet innovation and manufacturing lab space that will use cutting-edge technologies to develop future-ready skills and improve business outcomes, has been unveiled.
The Diversification Crisis in Manufacturing November 12, 2020 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.
Siemens offers Model Based Definition for NX November 5, 2020 The company expands Xcelerator portfolio to use knowledge-based approach for defining MBD
Manufacturing Adds 38,000 Jobs in October November 6, 2020 Manufacturing added 38,000 jobs in October, with a majority in durable goods, the Bureau of Labor Statistics said today.
Siemens announces Simcenter 3D 2021 January 14, 2021 Enhancements include AI (Artificial Intelligence) driven user experience, new simulation types as well as refinements in accuracy and enhanced performance speed and evaluate sound quality.
Manufacturing Industry Asked to Participate in Survey of Reshoring Opportunities January 21, 2021 What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring? To what degree did the pandemic disrupt supply chains, and how did it affect sourcing?
Desktop Metal to Acquire EnvisionTEC January 15, 2021 Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.
Stellantis Newest Test of Chrysler Workforce January 20, 2021 The creation of Stellantis through the merger of PSA and Fiat Chrysler is the newest test of the workforce of the former Chrysler Corp.
