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.
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.
Hurco Forms Preferred Partnership with BMO Automation December 18, 2019 Hurco Companies Inc. has partnered with BMO Automation to provide customers a tested automation solution that requires minimal integration, according to the companies.
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.
Mastercam CAD/CAM from Tops Capstone Indy Car Engineering Project October 4, 2019 The IUPUI Mechanical Engineering Technology program concentrated on Mastercam and the online benefits of Mastercam University for its students. This approach paid big dividends on a unique Indy Car project for the Indianapolis Motor Speedway.
Software: The Road to Zero Defects June 13, 2019 Reducing the risk of automotive defects is one of the most critical issues facing manufacturers today – to protect the well-being of consumers, as well as their own reputations and financial health.
Metals Testing Requires Escalation-Based Strategy August 14, 2019 At Cary Rosenberg’s company, Watts Water Technologies, validating material properties to ensure they are composed of the correct elemental composition is an important part of their work.
