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Tag: industry


Industry Focus Areas, Medical

Philips slides on Q3 misses

October 22, 2018

Via: Mass Device

Royal Philips (NYSE:PHG) shares took hits in New York and London today after it reported lower-than-forecast sales and earnings figures. The Dutch healthcare conglomerate posted profits of €292 million, or €0.33 per share, on sales of €4.31 billion for the […]


Process, Production

China’s Steel Production Hits New Highs

October 19, 2018

Via: Industry Week

China’s steelmakers pushed production rates to record levels last month, underscoring a broadly bullish picture for mills in the world’s biggest market as prices rally again. Output of crude steel rose 7.5% on year to 80.85 million metric tons, according […]


Design &Planning, Process, Quality Control

Cybersecurity a Hot Topic on the Show Floor

October 18, 2018

Via: Automation World

Tony Baker, Portfolio Manager, Security at Rockwell Automation, presented recommendations on best practices and actionable steps industrial companies can take with reference to network security and standards within the industry during PACK EXPO International 2018 at The Innovation Stage. Baker […]


Design &Planning, Process

Questions About Blockchain in Industry

October 17, 2018

Via: Automation World

A technology once thought of principally as a means of securing cryptocurrency transactions appears ready to move into manufacturing and supply chain. Over the past couple of years, we’ve covered announcements related to: blockchain offerings designed to improve industrial process […]


Regulations

Elon Musk, Tesla settlement with SEC over tweets approved by U.S. judge

October 16, 2018

Via: Automotive News

NEW YORK — A federal judge approved a $40 million settlement by Tesla Inc. and Chief Executive Elon Musk with the U.S. Securities and Exchange Commission, resolving government claims that Musk misled the public with a flurry of tweets about […]


Energy, Industry Focus Areas

Hitachi and General Electric collaborate to develop next-generation reactors

October 15, 2018

Via: Manufacturing Global

The Japan-based conglomerate company, Hitachi, and US-based General Electric are set to collaborate to create a new type of nuclear power plant with small modular reactors according to sources, The Japan Times reports. It is thought that the two firms […]


Industry Focus Areas, Motorized Vehicle

Fiat Chrysler prepares to produce plug-in hybrid Jeep Renegade

October 8, 2018

Via: Reuters technology

MILAN (Reuters) – Fiat Chrysler (FCA) said on Monday it had kicked-off preparations for the production of a plug-in hybrid version of the Jeep Renegade as the carmaker pushes ahead with its electrification drive to meet tougher emissions rules. The […]


Design &Planning, Process

Happy Manufacturing Day! Now Get to Work.

October 5, 2018

Via: Industry Week

Manufacturing Day celebrates modern manufacturing and is intended to inspire the next generation of manufacturers. However, the American manufacturing industry is facing an identity crisis that is hurting its ability to reinvigorate its ranks. A combination of factors are at […]


Process, R&D

Predictive maintenance is a good starting point for digital transformation. Are you ready?

September 19, 2018

Via: Manufacturing Matters

As a manufacturer, the way you operate and make money is changing. Meeting your customer needs is no longer just about the products you make and how fast you deliver them. You are also increasingly called on to be the […]


Design &Planning, Process

Big Data Analytics in Manufacturing: Are Top Companies as Active as They Could Be?

September 13, 2018

Via: Aberdeen

The most cutting-edge technologies in the world of analytics and business intelligence (BI) — things like predictive analytics, machine learning, and IoT analytics — all have critical use cases in the rapidly-evolving manufacturing industry. We constantly hear about the sophisticated […]