General Motors and Volkswagen are getting out of the hybrid car market to focus on electric cars, particularly with an eye toward China and Europe, which are tightening emission standards. Companies such as Ford will continue to invest in hybrid technology, including a new hybrid F-150 truck and Ford Explorer.
Reverse engineering for replacement parts is gaining momentum in 3D printing. Azoth used 3D printing to reverse engineer torque gun holders, which reduced lead time from four weeks to one day and cut cost from $200 to $45.
Royal Dutch Shell is building a plastic pellet plant near Pittsburgh in a push by Pennsylvania and other Appalachian areas where the petrochemical industry can benefit from the proximity to natural gas. One challenge will be building a local circular economy to handle the waste streams generated by manufacturing.
Are you leveraging ERP to deliver for your customers? In the Amazon era of buy-anything-at-anytime, manufacturers and wholesale distributors must be able to deliver the same kind of experience for their B2B customers. In this report, explore why it is more important than ever to explore modern ERP — and why you should do it in the cloud.
A report from Dragos details the rising threat of industrial control system attacks in the oil and gas industries, often for "reconnaissance and research purposes, and adversary use of destructive malware at oil and gas facilities." A hacking group called Hexane is focusing on telecommunications and oil and gas, according to Dragos.
The US Postal Service, UPS and other delivery services should pick up some of the business forfeited by FedEx when it ended its ground delivery contract with Amazon, observers say. Amazon's own logistics operation will likely also help make up the difference.
Retrofitting older machinery for Industry 4.0 can be cost-effective by hooking up machines to sensors or improving visibility through human-machine interface machines, writes Claudia Jarrett of EU Automation.
While predictive maintenance holds great promise for manufacturers, a false alarm triggered by inaccurate data can be expensive, and "the most expensive failures are often the unexpected ones," writes Willem Sundblad, CEO of Oden Technologies. "Start with some simple data sets and scale up, or explore predictive operations and quality with an experienced partner first," he advises.
Laser Precision works with the Lake County Workforce Ecosystem in Illinois to recruit workers in metal fabrication. Through the partnerships, the company participates in internships, job shadowing and high school presentations, among other efforts.
Worries about a global economic slowdown--which has been exacerbated by renewed trade uncertainties--has caused financial markets to fall dramatically. Anxieties about the outlook have rocked financial markets globally. In the US, the Dow Jones Industrial Average has dropped more than 4% since July 15. To be fair, that was better than what was seen midweek. In addition, yields on 10-year Treasury notes have dropped sharply to the lowest rates since October 2016, falling 150 basis points since November 2018. Read more.