During his State of the Union address, President Obama said "our first priority is making America a magnet for new jobs and manufacturing." And, as CBS News' Major Garrett reports, the president toured a factory in North Carolina to drive that message home.
Inside a newly reopened Chrysler plant in Detroit, a car revs to life. Despite its status as the Motor City, Detroit has only two automobile plants entirely within the city limits. One is Chrysler’s Conner Avenue Assembly Plant, which reopened in December after being closed for more than two years during the automaker’s bankruptcy.
At a recent additive manufacturing, or 3D printing, showcase at Penn State, engineers demoed some of the latest technology in the field. Hear from experts about how 3D metal printing may change manufacturing in the United States, and what challenges it faces.
Automakers in Japan are developing new "microcars" that fit only a driver. Toyota is currently testing a microcar (or ultra compact car) made of aluminum that can reach top speeds of 30 MPH. Targeting older drivers who don't need to go far, these electric cars can be handy. Lucy Craft reports.
During 2012, the Forum built on the findings of the Future of Manufacturing report with the Manufacturing for Growth project, creating a platform for business executives, policy-makers and members of civil society to identify key strategies and recommendations for driving economic growth and job creation through the production of goods.
Apple's CEO addresses the company's cash pile and outlook at a conference, while Facebook suffers a pair of downgrades. And Google is teaming up with an unlikely partner, General Electric, and it will become integrated into several GE applications.
More than 75 years after the Hindenburg disaster, airships could be taking off again. Worldwide Aeros' calls its new blimp the evolution of air transport as it waits for FAA approval to take its aeroscraft for a test flight outside the hangar. CBS News' Bill Whitaker explains.
This episode of IMTSTV In Brief features an interview with Mike Powell, President of Master WorkHolding, as he discusses ways that businesses can use turnkeys to find success. Turnkeys are making inroads in the manufacturing technology industry and Powell says he is seeing a rise in requests for turnkey solutions. by For more information, visit www.IMTS.com.
NBC News host, JJ Ramberg, discusses the hiring climate, and why many small businesses have been reluctant to add staff. The drawn out process for resolving the fiscal cliff hurt some confidence while the threat of massive automatic cuts have already started to affect business decisions.
On March 1, across-the-board spending cuts, known as sequester, will hit the federal budget. The sequester is designed to get the deficit under control, economists argue that the cuts are too deep. Scott Pelley speaks with President Obama on whether the sequester could trigger a recession.
To the casual observer, the Swinging Blind Juggler could be an elaborate piece of modern sculpture, or part of an intricate game. But it is neither. The juggler is part of an experiment to test mathematical algorithms that could one day allow the next generation of robots to walk.
This rare 1968 'Green Hornet' Mustang was used as an experimental car to test parts for Shelby performance cars. A new fuel injection system, disk brakes, and rear independent supsension are a few of the things Shelby was testing in this car. The car failed to sell at Barrett-Jackson but bidding went up to $1.8 million.
A new joint venture hopes to bring not only flying cars, but also personal-sized utility saucer-shaped vehicles to consumers by 2014. Skycar 200 is designed for short distance, low-level flight and then it can be driven down a street at 30 MPH. KCRA's Tom DuHain reports for NBC News.
'Glowing lanes' on highways could spell the end of costly street lighting, according to a Dutch designer. Daan Roosengaarde's 'Smart Highway' involves photoluminescent paint markings on roads that are charged in sunlight and glow at night to denote lanes. Reuters' Jim Drury reports.
Dell decides to go private, the latest move by Michael Dell to take the computer company he founded to new heights. Like all good tech stories, Dell started in a college dorm room where Michael Dell would build computers and sell them directly to his classmates. Here is a look at how Michael Dell built his company.
The Crown, Toyota's oldest sedan still in production is a symbol of proud tradition. It's conservative evolution over the years has been typical for a company known more for being reliable than racy. But it's newest version is a sign of changes to come.
Air India continued to fly some of its 787 Dreamliner jets after the United States and other countries grounded the fleet as the probe into the aircraft's battery problems continues. Travel editor Peter Greenberg speaks to the "CBS This Morning" co-hosts about why some 787s are still allowed to fly.
Workers are cranking out precision machine parts at the Komo Manufacturing plant in Lakewood, New Jersey now that the work has returned from China. Skilled manufacturing jobs are returning to the United States, as labor costs rise abroad and quality concerns permeate the market.
The stock market is now back at pre-recession levels at a five-year high and unemployment is at a five-year low. CNBC's Jim Cramer talks about whether we're back on solid footing or looking at a short-lived bubble in this video from NBC's Today show.
Before a brand new General Motors car or truck goes to a dealer, the company has to "beat the heck out of a vehicle before the customer can" on a proving ground, where vehicles are smashed, weathered, and driven to the extreme, says James Bell, V.P. of GM Consumer Affairs.