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ISM Forecasts Manufacturing to Expand in 2020

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

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

VeriTX Corp. announced today an agreement to license Moog Inc.’s VeriPart process which enables high integrity supply chain solutions.

Kennametal Announces Executive Leadership Changes

Kennametal Inc. has announced two changes to its executive leadership team. These leadership moves are designed to drive profitable growth and continue to advance the company's strategy and transformation, according to a Kennametal statement.

Time to Prepare, Not Panic, in 2020

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.

Passing of GE’s Welch May Be a Cautionary Tale

When former General Electric Co. chief Jack Welch died this week at 84, it was as if a legend had departed. He was the CEO who had transformed an aging industrial concern into a vibrant giant. But it's also a cautionary tale.