Machine Tool Orders Rise Amid Broad Recovery August 9, 2021 Machine tool orders jumped in June as the industry enjoyed increases across various sectors.
GM Reports Quarterly Profit, Raises Forecast August 4, 2021 General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.
Manufacturing Adds 27,000 Jobs, Paced by Durable Goods August 6, 2021 Manufacturing boosted employment by 27,000 jobs in July, with durable goods doing the heavy lifting.
Reshoring Operations in the Age of COVID-19: Part Two November 5, 2020 In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
The Diversification Crisis in Manufacturing November 12, 2020 According to a survey conducted by ISM, 75 percent of U.S. manufacturing companies experienced delayed resources and materials due to the COVID-19 pandemic. The outbreak has forced manufacturers to rethink supply chains to allow for product diversification.
Manufacturing Adds 38,000 Jobs in October November 6, 2020 Manufacturing added 38,000 jobs in October, with a majority in durable goods, the Bureau of Labor Statistics said today.
Shift Happens! August 4, 2020 Last March when the pandemic hit, we had to shift in a lot of different ways, didn’t we? The lessons we learned and the actions we took in our personal and business endeavors during the early weeks of the pandemic may become a permanent pattern in the fabric of our lives.
Siemens, EOS North America Expand PartnershipPartnership February 24, 2021 Siemens Digital Industries Software and EOS North America announced said they expanded a partnership aimed at increasing the adoption of industrial 3D printing.
Siemens, IBM, Red Hat Launch Hybrid Cloud Initiative February 24, 2021 Siemens, IBM, and Red Hat today announced a new collaboration that will use a hybrid cloud designed to deliver an open, flexible and more secure solution for manufacturers.
Jeanmarie Desmond and Natalia Pavlova Join Board of IPG Photonics January 26, 2021 IPG Photonics Corp., a manufacturer of high-power fiber lasers and amplifiers for materials processing and other applications has appointed Jeanmarie Desmond and Natalia Pavlova to its board of directors, effective January 7, 2021.