Price Downturn Leads Shale Producers to Greater Efficiency November 15, 2018 After petroleum prices collapsed in the mid-2010s, shale oil and gas producers responded to the down-swing by borrowing techniques and technology from the energy sector’s offshore well operations, manufacturing, and even the medical industry to increase efficiency.
Energy Industry’s Up-and-Down Cycle Continues December 6, 2018 The energy industry is often at the forefront of our minds as we watch fuel prices climb and then celebrate when they come down. We continually find ways to be as energy efficient as possible in our homes and workplaces. Media outlets keep us constantly informed of this often-volatile industry’s ups and downs.
LIFT Receives $5 Million Department of Defense Grant To Expand “Operation Next” Across the Country November 12, 2019 LIFT – Lightweight Innovations For Tomorrow, announced today it received a $5 million grant to expand the program to nine additional military bases across the country over the next three years.
Boeing Posts Quarterly, Full-Year Loss on 737 Max January 29, 2020 Boeing Co. today reported a fourth-quarter loss and its first full-year loss since 1997 as the financial impact of the 737 Max crisis expanded.
Time to Prepare, Not Panic, in 2020 November 26, 2019 Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
Process Control by Analyzing Metal Temperature Gradients with Fixed Thermal Imaging November 22, 2019 Producing metal products is one of the most energy intensive industries. Improving both energy and production efficiency, as well as ensuring product quality is at the top of any manufacturers to do list. Engineers should consider using fixed thermal imaging cameras to optimize their manufacturing process.
NAMRC 47: Innovations in Manufacturing Research December 5, 2019 The North American manufacturing Research Institution of SME (NAMRI | SME) held its 47th annual conference on manufacturing research (NAMRC 47) in Erie, Pa., from June 10-14.
Machine Tool Orders Post Monthly Gain in October December 10, 2019 Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Survey: Manufacturers Behind the IIoT Curve September 10, 2019 Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
PIM Is Transforming Data Sharing for Automotive November 1, 2019 Much has changed in the world of automotive accessory designing, engineering, and manufacturing in the past few years. Sales and after sales of automotive parts have witnessed a surge in data-usage across the horizontal and vertical value chains between suppliers, business partners, internal departments, and the end-customers.
