OEM News 12/16/2008

December 16, 2008

Articles

Boeing Schedules 787 Dreamliner First Flight For 2Q09
Boeing provided an updated
schedule for its all-new 787 Dreamliner program that moves the commercial jet's first flight
into the second quarter of 2009 and first delivery into the first quarter of 2010. Read More

Boeing Commercial Airplanes Announces Restructuring
The Boeing Company announced a series of
executive leadership changes and a restructuring within Boeing Commercial Airplanes to
better align resources across its development and production programs and strengthen
oversight of its global supply chain. Read More

Cummins Revises 2008 Outlook
Cummins Inc. revised its outlook for 2008 due to the continuing decline in many of its key markets around
the world.
The Company now expects 2008 sales to increase by 9 percent over 2007, compared to its
previous guidance of a 12 percent increase. Earnings Before Interest and Taxes (EBIT) is
forecast to be slightly more than 9 percent of sales, compared to the Company's earlier
guidance of 10 percent. Read More

Lear Corp. Withdraws Financial Guidance
Lear Corporation, a supplier of automotive seating systems, electrical distribution systems and electronics products, said it is withdrawing its full-year 2008 financial guidance as a result of further weakness in global automotive demand and overall industry uncertainty. Read More

American Axle & Manufacturing Launches Joint Venture In China
American Axle & Manufacturing Holdings, Inc.said it has entered into an agreement, through
one of its subsidiaries, to form a joint venture with Hefei Automobile Axle Co, Ltd., (HAAC), a
subsidiary of the JAC Group (Anhui Jianghuai Automobile Group Co, Ltd). The new company,
Hefei AAM Automotive Driveline & Chassis System Co., Ltd., will manufacture and sell rear
beam axles, front axles, power transfer units (PTU), Rear Drive Modules (RDM) and
suspension modules for passenger cars, sport utility vehicles (SUVs) and multi-purpose
vehicles (MPVs) for the China market. Read More


AM Webcast Series

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5 Key Strategies For Reduced Cost and Increased Profitability
Striving to reduce costs and increase profitability while remaining competitive is no easy task.

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Sponsored by: EPICOR


Benchmarking at IMTS
American Machinist conducted its third annual Benchmark Survey of American Machine Shops between February and April of this year.

American Machinist, reviews the results of this third annual survey, and talks about what the data means and how shops can use the data to make plans for this year's IMTS.

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Tool Shop Optimization: Concurrent Engineering for Today's Machine Shop
Applying concurrent engineering processes to design and manufacturing can help toolmakers increase productivity and shorten product delivery times—improving responsiveness to customers and your company's bottom-line results.

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Sponsored by: Cimatron Group


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Announcements

American Machinist Forums
The American Machinist Forum is a place to share thoughts, ideas and best practices for machine shops.

The focus is on making machine shops competitive, efficient and flexible enough to compete in a global environment. You'll find discussion about manpower, use of automation and technology, creative uses of machine tools and a whole lot more.
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AM Machine Tool Theater


New Machine Tool Theater
American Machinist's Machine Tool Theater. Watch videos about machining and machining equipment. You'll see faster, more precise machines; cutting tools to process virtually any material; finishing technologies; automation systems; quality instruments and manufacturing software. You'll see how to reduce cycle times and increase productivity. Watch Videos Now




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