GM Quarterly Profit Falls Amid COVID-19 May 6, 2020 General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
Manufacturing Jobs Rebound, Led by Motor Vehicles March 6, 2020 Manufacturing employment rebounded in February, with motor vehicles and parts leading the way with a gain of 6,800 jobs. Manufacturing added 15,000 overall.
Manufacturing Loses 12,000 Jobs, Paced by Motor Vehicles February 7, 2020 U.S. manufacturers cut 12,000 jobs in January, led by a loss of jobs in the motor vehicles sector. Makers of vehicles and parts pared 10,600 jobs, according to the U.S. Bureau of Labor Statistics.
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.
FANUC America Opens New Michigan Facility October 23, 2019 FANUC is expanding its presence and capabilities near its North American headquarters campus.
Software Fuels Smart Factories June 13, 2019 In the fast-changing world of motorized vehicle manufacturing, supply chain companies are now offering numerous software suites, bringing digitalization software and customizable applications to machine tool builders, alongside CNC hardware and operating software.
Automotive Industry Improves Automation, Adopts Advanced Tech March 1, 2019 The U.S. auto industry has been automated for decades. Production of cars and trucks is associated with large, hulking robots fenced off from human employees. Inside those fenced off areas, tasks such as welding are performed. The industry, though, is advancing on the automation front.
Turning Traditional Automation On Its Head February 7, 2019 Manufacturing automation is trickling down from the massive automotive assembly lines toward the “mom and pop” machine shop. As you take your first look at automation, consider the benefits of and barriers to this technology.
Large-Part Machining Tests Horizontal Machine Tool Capabilities January 29, 2019 Horizontal machining centers (HMCs) are versatile four-axis and, increasingly, five-axis machine platforms that maximize processing of multi-sided large parts by minimizing part handling.
Software, Quality Inspection Deliver Auto Parts Safety September 4, 2018 Although drivers may not know it, cable connections for the airbags and seatbelt buckle systems in their vehicle simply would not work without components manufactured by ODW-Elektrik. A development partner and supplier for high-quality cabling, solenoids and mechatronic systems used in vehicles around the world, ODW-Elektrik supplies most of its products to Bosch, Autoliv, Brose, VW, and ZF.
