Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).
Cutting tool consumption in January 2020 rose 5 percent compared with December 2019, according to the U.S. Cutting Tool Institute and AMT - The Association for Manufacturing Technology.
The outbreak of the coronavirus in China is causing longer lead times and will reduce revenue for companies, according to respondents in a special Institute for Supply Management survey.
Machine tool orders fell sharply in January while the new coronavirus may delay the industry’s comeback, AMT – The Association for Manufacturing Technology, said today in a monthly report.
The impact of the coronavirus on the auto industry is on the cusp of accelerating, according to a Center for Automotive Research presentation today.
Manufacturing employment rebounded in February, with motor vehicles and parts leading the way with a gain of 6,800 jobs. Manufacturing added 15,000 overall.
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.
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.
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.
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.
