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.
Fastems Launches Digital Manufacturing Solutions to Teach Automation to Students and Employees February 4, 2020 Fastems LLC has launched three new products to enable educational institutions and manufacturing enterprises to benefit from its advanced Digital Manufacturing (DM) solutions for factory automation. In addition to functioning as a classroom teaching and learning tool, DM enables companies to do training and testing before ramp-up and simulation during production.
Kennametal Announces Executive Leadership Changes February 3, 2020 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 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.
Passing of GE’s Welch May Be a Cautionary Tale March 4, 2020 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.
Manufacturing in the Middle of COVID-19 Pandemic March 18, 2020 Manufacturing has been in the middle of the outbreak of the coronavirus (COVID-19) from the start. The impact is expanding as the virus spreads.
Siemens Digital Industries Software Chief Addresses Impact of COVID-19 March 23, 2020 Tony Hemmelgarn, CEO, offers free subscriptions to learning memberships, limited time licenses in key software offerings for workers and students.
Methods to Host TechDay2020 at Phoenix and Los Angeles Technical Centers March 3, 2020 Methods Machine Tools Inc. is hosting TechDay2020 – Phoenix on March 24th-25th and TechDay2020 – Los Angeles on March 26th. TechDay2020 is an open house style event where attendees will be able to attend multiple seminars, see individual product demonstrations, and talk with Methods Engineers about machine tool and automation applications that are specific to their business.
2019 U.S. Cutting Tool Orders Close at $2.4 Billion February 24, 2020 December 2019 U.S. cutting tool consumption totaled $187.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Durable Goods Orders Rise in February March 27, 2020 Durable goods orders rose in February before the novel coronavirus (COVID-19) began to hit the U.S. economy.
