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The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said. “We’re recovering off the bottom,” Colin Couchman, an IHS analyst, said during a presentation. “Some economies managed to get to grips and are now close to being Covid secure."
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Promess Expands
Promess Inc. has implemented a major expansion of its manufacturing with the acquisition of a fully-equipped, 45,000 square foot facility in Brighton, Mich., which...
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Moving Beyond 5-Axis Machining
Machine makers are adding software and features to make 5-axis machine more appealing. Contributing Editor Ed Sinkora describes how.
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Carbon Fiber Recycling Develops
Carbon fiber is a key material in the deployment of clean energy, such as wind turbine blades. But the time will come when carbon fiber needs to be recycled. Contributing Editor Ilene Wolff describes how.
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Innovation Caused by COVID-19
Manufacturers are increasingly analyzing their supply chains to mitigate cybersecurity and environmental risks with the goal of building more secure, resilient, agile organizations amid the COVID-19 pandemic.
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October Cutting Tool Orders Rise on Monthly Basis
October 2020 U.S. cutting tool consumption totaled $167.9 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. Thiat was up 7.6 percent from September and down 22.4 percent from October 2019.
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Boeing Provides Stock Instead of Pay Raises to Nonunion Workers
Boeing Co. told employees it is providing stock instead of pay raises to about 82,000 nonunion workers, The Seattle Times said. The stock will vest in three years if the employees don't leave the company. The stock awards don't cover workers covered by union contracts.
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