Editor Bill Wong talks with NIO’s Qiyan Wang about how new ECUs are impacting digital automotive design. What you’ll learn: Traditional versus digital automotive design. The role of software in automobiles. The automotive industry has been one of the traditional manufacturing... Continue Reading
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Historically paperbound processes are advancing from automation to intelligence. But first, procurement departments must address data and culture change. Up to half of the purchase orders from the purchasing department at Chicago-based manufacturer JBT required a change before the product was... Continue Reading
A potential vaccine from drug company Pfizer has showed greater-than-expected early success, according to CNBC. In a statement, Pfizer and partner BioNTech said early results showed their vaccine candidate is more... Continue Reading
MONDAY ECONOMIC REPORT Essential Takes on Leading Economic Indicators By Chad Moutray, Ph.D., CBE – November 9, 2020 Manufacturing Expands at Fastest Rate in 25 Months on New Orders... Continue Reading
The Board of Trustees of the Metal Treating Institute is excited to announce that MTI will host an Annual Membership Update Virtual Meeting on Wednesday, December 2nd at 3:30 pm EST. COVID-19 has done its best to slow down momentum in many organizations. Not at MTI! The Leadership of MTI has... Continue Reading
With the right trade-offs and strategic partnerships, original equipment manufacturers still have a chance to keep up in the race for electric and autonomous mobility. AT A GLANCE Bain forecasts the electric vehicle market will start rapidly scaling around 2024, escalating original equipment... Continue Reading
Essential Takes on Leading Economic Indicators - Real GDP Jumped 33.1% at Annual Rate in Q3, Still Down 3.5% Year to Date The U.S. economy bounced back strongly, jumping 33.1% at the annual rate in the third quarter, the largest increase in the history of the series, which dates to... Continue Reading
Boeing continues working toward development of a new commercial aircraft, though Chief Executive David Calhoun has disclosed few details. Calhoun mentioned the project during the company’s third-quarter earnings call on October 28th. “We have some incredible underlying technologies... Continue Reading
Executive survey shows realignment, adapting to new customer preferences, and increased remote work. 2020 will soon be behind us. As many executives heave a sigh of relief, they are also preparing for a dramatically different environment in 2021. Recent economic challenges have forced... Continue Reading
The MTI Board of Trustees met this past week in Nashville, Tennessee for their annual Fall Board Meeting. The Trustees had a full slate of big topics on their agenda. One of the big steps that the Board took was to approve funding to enhance MTI’s quarterly heat treat sales forecasting... Continue Reading
IHS Markit's gauge of US business activity rose to 55.5 in October from 54.3, signaling the fastest pace of growth since February 2019. Service-industry activity gained to 56 from 54.6, while manufacturing activity improved slightly to 53.3 from 53.2. Readings above 50 indicate... Continue Reading
On September 30, 2020, the Occupational Safety and Health Administration (OSHA) released new Frequently Asked Questions (FAQs) regarding an employer’s obligation to report to OSHA cases of work-related COVID-19. The FAQs build upon previous OSHA guidance governing when and how to record... Continue Reading