Wisconsin-based tool manufacturer Snap-on posted 1Q24 sales of $1.18 million, a modest organic sales decline.
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Major manufacturers may have taken a big early lead, but their smaller competitors have been able to close the digital gap in recent years.
Local media cited financial troubles leading to buyer backing out of purchasing the hand tool maker's Bushnell, IL plant.
Analysis of manufacturing tech orders provides an economic indicator as manufacturing industries invest in equipment to increase capacity.
The Department of Commerce plans to grant TSMC, the world's leading semiconductor chip manufacturer, $6.6 billion to build up a U.S. hub.
Dave Calhoun's decision to resign follows manufacturing issues that have raised safety concerns and forced the company into the spotlight.
It enables the secure transmission of intellectual property to different locations, ensuring quality assurance and controlled distribution.
The addition of Deep Casing Tools will expand DTI's presence both domestically and internationally and enhance its product offering.
Strong demand across infrastructure and data center end markets has led Schneider Electric to upgrade its manufacturing operations.
WALTER said the addition helps its customers be more productive and confidently approach robotics and automation for their material removal process.
Respondents indicated staffing remains their top challenge — though weakening — and that new recent regulations will take significant time and costs to understand and comply with.Â
ELA + Synergy will serve lighting, design and electrical communities in New York, New Jersey, Pennsylvania and Delaware.Â
Wisconsin-based Jorgenson Conveyor and Filtration Solutions will join Innovance's lineup of industrial machine manufacturers.
Thirty-three major work stoppages began in 2023, the most since 2000 when there were 39, according to the U.S. Bureau of Labor Statistics.
In a step toward vertical integration, independent industrial distributor B&D Industrial acquired a Michigan-based gear manufacturer.
The portable and power products maker has added Macromatic Industrial Controls (Waukesha, WI) and Primax Technologies (Point-Claire, Quebec).
The manufacturers say the deal will create a scalable growth platform that expands Owens Corning’s addressable market to $27 billion.
It lets Fastenal meet a broader scope of product needs in the aerospace and defense industry, with a focus on precision-machined parts.
The acquisition of Consolidated Container complements the Mauser portfolio of rigid packaging products and services.
The alignment of electrical manufacturing reps BLH and JD Martin brings new products and manufacturing partners to existing and new markets.
