Absolute Machine Tools Grows Integrated Systems and Engineered Solutions Services February 21, 2020 Shrinking availability of skilled labor and continual cost-reduction pressures are magnifying the importance of manufacturing systems, services and integrated solutions, according to machine tool importer and distributor Absolute Machine Tools Inc., Lorain, Ohio.
MFG 2020 to be Held April 1-5 in Fort Lauderdale February 20, 2020 The Association For Manufacturing Technology (AMT) has announced that The MFG Meeting will be held April 1-5, 2020 in Fort Lauderdale, Fla. at the Fort Lauderdale Marriott Harbor Beach Resort & Spa.
Michigan Manufacturing Technology Center Announces Two Promotions February 19, 2020 Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.
Winglets from Daher Used on New Gulfstream G700 Large-Cabin Business Jet February 18, 2020 Performance-enhancing winglets built by Daher are incorporated on Gulfstream Aerospace Corp.’s all-new G700, contributing to this twin-engine business jet’s fuel efficiency and ultralong-range.
Michael Lo, Kevin Hay, and Dr. Axel Henning Selected for Best Paper at Water Jet 2019 Conference February 13, 2020 Three members of the OMAX Research and Development team, Michael Lo, Kevin Hay, and Dr. Axel Henning, have won the Best Paper at the Water Jet 2019 conference in the Czech Republic.
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.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.
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.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
FANUC RoboDrill and Methods Automation Increases Production at Family-Owned Manufacturer January 23, 2020 Timney Triggers is a second-generation, family owned Phoenix based manufacturer of aftermarket triggers. It has been building triggers since 1946 with a mission of providing a lifetime of accurate shooting by producing the best quality precision trigger, according to the company.