The Dow Jones Industrial Average has hit a record high of 16,000 due to an improving economy and the Federal Reserve. Where does the market go from here?
Take a quick tour of the Portland Bolt shop and follow an order of large anchor bolts through the manufacturing process. This video includes shearing, hot forging, threading, and galvanizing. Find out what it takes to make an order of large, custom bolts.
In the past ten years, Morton Manufacturing has grown from approximately $40,000 a month in sales to more than $2,000,000 per month. This included sales to all of the largest jet engine builders in the world.
Federal regulators say they will require that new tour buses and buses that carry passengers on scheduled routes between cities be equipped with seat belts. It's a safety measure sought by accident investigators for nearly a half century.
AMT's Industry Economist, Eric LeMasters caught up with Alan Beaulieu, President of ITR Economics at the 2013 Global Forecasting & Marketing Conference for a quick update on the current Fiscal Reality. Alan's presentation at the conference covered projections for machine tool orders as well as an outlook for the general economy.
The new Chevrolet Colorado, to be unveiled Wednesday at the Los Angeles Auto Show, has little in common with the old version, which was noisy with a cheap-looking hard plastic interior that didn't appeal to many buyers.
Deere & Co.'s fourth-quarter net income rose 17 percent after it raised prices for farm and construction equipment as it aims to keep its profits intact even as the farm economy slows.
Alabama officials are working to lure a Boeing Co. aircraft assembly plant to the Huntsville area. Gov. Robert Bentley, Huntsville Mayor Tommy Battle and economic developers met Tuesday in Birmingham with representatives of the aircraft manufacturer.
Apple Inc. will qualify for a $10 million grant from the Arizona Commerce Authority if it opens its proposed new plant in the Phoenix suburb of Mesa and meets job creation and capital investment targets, the agency announced Tuesday.
Cabot Corp., the second largest carbon black manufacturer in the U.S., agreed Tuesday to pay a $975,000 civil penalty and spend an estimated $84 million on technology to control air pollution at its three facilities in Franklin and Ville Platte, La., and Pampa, Texas, federal officials said.
Colorado-based Pilgrim's Pride Corp. is closing a poultry plant that employs about 1,200 people in north Alabama, local officials said Tuesday, another blow to a region already dealing with job losses. Mayor Tim Walker and state Sen. Clay Scofield said executives informed them of the decision during a meeting at the plant in Boaz, where Pilgrim's Pride is the largest employer.
"In order to get to that end goal, big leaps in technology are required, which naturally invites a high level of scrutiny. That is fair, as new technology should be held to a higher standard than what has come before. However, there should also be some reasonable limit to how high such a standard should be, and we believe that this has been vastly exceeded in recent media coverage."
New manufacturing techniques, such as M2M, have recently begun to rely on remote wireless monitoring to improve safety and reliability conditions. Gone are the days of maintenance pros climbing ladders or placing their hands in turbines to collect machinery health information — instead, information is sent to a central repository and analyzed by analysts 24/7 so maintenance personnel fix only the equipment that needs attention.
Johnson & Johnson said late Tuesday that it will pay $2.5 billion to settle thousands of lawsuits brought by hip replacement patients who accuse the company of selling faulty implants that led to injuries and additional surgeries.
The federal Occupational and Safety Health Administration alleges workplace safety violations at a Tyson Foods Inc. plant in Buffalo, N.Y. OSHA said Tuesday that inspectors found that plant workers are exposed to electrocution, burns and potential falls. The agency is proposing a $121,720 fine.
Caterpillar Inc. is shutting down its mining equipment plant in Pulaski, laying off 240 workers. The company said the production of underground mining equipment will move from Pulaski to Caterpillar's Houston, Pa., facility by the middle of next year.
Ford will reveal an all-new version of its Mustang sports car on Dec. 5. This will be the sixth generation of the iconic pony car, which saw its last full redesign in 2005.
A House panel plans to investigate allegations in a published report that workers in the Census Bureau fabricated data used to prepare monthly unemployment reports. The probe comes in response to a report Monday in the New York Post that says census data was manipulated in advance of the 2012 presidential race.
Satoshi Ogiso, the Toyota Motor Corp. executive in charge of fuel cells, said Wednesday the vehicle is not just for leasing to officials and celebrities but will be an everyday car for ordinary consumers, widely available at dealers.
R&D activities need to be intimately linked to a company product strategy. This will lay out the future customer changes and needs, when these are likely to occur, and highlight what technologies are coming along that may provide breakthroughs.