Dec 29, 2024 · In October, World Steel forecast 2024 global steel consumption would total at 1.75 billion, which would be the third consecutive year of declining demand for the industry.That forecast revised downward the outlook issued earlier this year, citing continuing weak activity in manufacturing and industrial sectors around the world, as well as the political instability in some markets, ongoing ...

3 days ago · American Machinist is a center for ideas and insights on technologies for machining, cutting, tooling, forming, manufacturing materials, robotics, quality, and shop operations.

Nov 6, 2024 · According to Georg Fischer, the sale is part of a reorganization effort that to concentrate its resources in the supply of “sustainable water and flow solutions, addressing mission-critical solutions for industrial flow processes, sustainable water management in urban areas and energy efficiency in buildings.”

Oct 17, 2024 · According to AAM’s statement, AAM India Manufacturing Corporation Pvt. Ltd. had 12-month sales worth $156 million through June 30. The transaction is expected to close in Q4 2024

Sep 11, 2024 · Artificial intelligence (AI) and automation technologies – broadly known as Industry 4.0 – are transforming the manufacturing landscape and redefining what is possible for manufacturing operations to produce and for businesses to accomplish.

Dec 17, 2024 · This is the second report in a series. The first installment is Selecting Tapered Roller Bearings for High-Speed Machine Tool Spindles. Upon selection of the bearings with the appropriate capacity, stiffness, speed capability, accuracy and heat generation for the application, a spindle must be designed to accommodate these bearings to realize their full potential.

Oct 8, 2024 · The announcement coincided with an “investor day” event GM staged, where it offered some outlook on EVs in its financial picture. CEO Mary Barra told the audience that GM will produce 200,000 EVs in North America this year, and arrive at some modest profitability on EV sales during Q4.

Oct 22, 2024 · Moreover, integrating data analytics into manufacturing processes supports continuous improvement. Manufacturers can identify inefficiencies, optimize workflows, and implement best practices based on data insights, leading to …

Sep 23, 2024 · CTMR totals have declined for three consecutive months, including the July result. As such, the slowing rate of consumption is indicative of the pace of manufacturing activity in the weeks prior the Federal Reserve Bank decision to cut short-term lending rates, on September 18.

Oct 23, 2024 · LEAP engine manufacturer CFM International is rebranding its network of licensed jet-engine service centers as “Premier MRO” providers. The new brand is seen as a further step to ensure the authenticity of CFM parts and services supplied to aircraft operators – an upshot of the controversy involving unauthorized parts in the commercial aircraft supply chain.