Truck maker AB Volvo says its earnings dipped on lower sales in the third quarter and that it will slash 2,000 jobs as part of a cost-cutting program.
Upgrading machine tool technology – either by major retrofit of existing machines or purchase of new equipment – is often an expensive proposition requiring non-productive downtime and months or even years to realize a return on the capital expenditure.
“Hope for the best, prepare for the worst.” The English proverb resonates, particularly in the area of risk management. One of the most important tools available to any successful business operation is the deliberate assessment and tackling of potential risks.
Schweitzer Engineering Laboratories, Inc. (SEL) introduces the SEL-710-5 Motor Protection Relay, which protects both synchronous and induction motors.
Plastic pipe joints succeed with smooth, chamfered ends allowing proper fit up. The DEB1 tools from Reed Manufacturing (Erie, PA) deburr and chamfer to manufacturers’ standards in seconds, according to the company.
Henkel Corporation (Rocky Hill, CT) has enhanced three Loctite® anaerobic retaining compounds to allow primerless performance on oily or contaminated surfaces, even at operating temperatures as high as 180 degrees C.
Hertz rented off about 1,000 Shelby GT 350's in 1966, which became a boon for Shelby America and immortalized the car as one of the hippest collectible vehicles out there.
NERA Economic Consulting’s update of a report commissioned by Manufacturers Alliance for Productivity and Innovation (MAPI) shows that manufacturing regulatory costs increased an average of 7.6 percent per year since 1998 compared with average growth of 0.4 percent for manufacturing output.
Jet engine manufacturer Pratt & Whitney says it's signed a $1.1 billion Pentagon contract for fighter jet propulsion systems.
Mulally, 68, repeated that there's no change in Ford's plan for him to stay as CEO through the end of 2014.
The owner of a gunpowder plant where an explosion shook nearby buildings and killed two workers was convicted on Wednesday of negligent homicide and manslaughter.
Hyundai Motor Co. said Thursday it expects to manufacture 4.7 million vehicles this year, exceeding its target despite strikes that disrupted its South Korean production.
For decades, the Boeing 747 was the Queen of the Skies. But the glamorous double-decker jumbo jet that revolutionized air travel and shrunk the globe could be nearing the end of the line.
A robot named Baxter is operating on the assembly line of Rodon, a plastics manufacturer in Pennsylvania. Rodon's VP says the technology is reducing costs and increasing productivity, but doesn't replace human workers who he says are needed to maintain the equipment
Economist Mariana Mazzucato argues that much of the technology underlying your trusty smartphone was actually created in government labs. What does that mean for innovation in the future?
The first of three mammoth stamping presses is up and running at General Motors' newest stamping facility in Arlington, Texas. The $200 million contiguous stamping plant announced in 2012 adds 180 jobs to GM's Arlington manufacturing complex and is one of 10 contiguous stamping operations globally that started production in the last five years.
Entrepreneurs can now download online blueprints of fully functional robots that you can build from your own 3D printer.
Pollution causing school and airport closures in Harbin, China hurts many, but helps one entrepreneur trying to capitalize on the smog.
A new study says self-driving cars and trucks hold the potential to transform driving by eliminating the majority of traffic deaths, significantly reducing congestion and providing tens of billions of dollars in economic benefits.