Ford Suspends Dividend, Taps Credit Lines Because of COVID-19 Pandemic March 19, 2020 Ford Motor Co. said today it’s suspending its stock dividend and tapping credits lines to ensure it has enough cash amid the outbreak of the coronavirus (COVID-19).
Coronavirus Impact on Auto Industry May Accelerate March 6, 2020 The impact of the coronavirus on the auto industry is on the cusp of accelerating, according to a Center for Automotive Research presentation today.
U.S. Companies Aim to Expand Production, Repair of Ventilators March 24, 2020 General Motors Co. and medical equipment maker Ventec are accelerating their partnership code to build ventilators at a GM plant in Kokomo, Indiana, to help combat the coronavirus outbreak, according to a Reuters report.
BLM Improves Its E-FORM Tube End Forming Machine March 18, 2020 BLM GROUP USA announced on March 17, 2020 the enhancement of its E-FORM tube end forming machine with a fully CNC electric rolling device.
Community of ‘Makers’ to Gather at ESPRIT World December 11, 2019 DP Technology Corp., the parent company of CAM system ESPRIT, has announced the 2020 dates for its annual conference. ESPRIT World 2020 will be held from June 8-12 in Las Vegas–the location of the company’s first conference in 2003.
ISM Forecasts Manufacturing to Expand in 2020 December 11, 2019 Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
New Mastercam Reseller Available in San Diego December 18, 2019 CNC Software Inc., developers of Mastercam, has a new reseller available to customers in the San Diego area. CAD/CAM Consulting Services Inc. (CCCS) has been among Mastercam’s top 10 Resellers for 27 years in Southern California, with offices in Anaheim and Newbury Park.
VeriTX Announces Licensing Agreement December 17, 2019 VeriTX Corp. announced today an agreement to license Moog Inc.’s VeriPart process which enables high integrity supply chain solutions.
CGTech Welcomes Mark Forth as Global Business Development Manager October 16, 2019 CGTech, a developer of verification and simulation software technology for the manufacturing industry, has appointed Mark Forth as Global Business Development Manager. Forth joined CGTech’s corporate headquarters in Irvine, Calif. on Oct. 1.
CGTech Launches VERICUT Version 9.0 November 27, 2019 CGTech Inc. has announced the latest release of VERICUT software, Version 9.0. VERICUT CNC machine simulation, verification, and optimization software simulates CNC machining, additive, and hybrid manufacturing processes. The software operates independently, but can also be integrated with leading CAM systems.
