|Caterpillar Announces Indefinite Layoffs For Engine Production Employees
| Caterpillar Inc. has notified 814 production employees at its Mossville, Illinois engine assembly facility that the company would indefinitely lay off those employees. In recent months, production volumes at the Mossville engine facility have decreased significantly. This is primarily related to a decrease in orders for on-highway truck engines made in Mossville, lower demand for engines used in Caterpillar machines and decreased demand for commercial engine applications. Read More
|Federal-Mogul Expands Existing Restructuring Plan
| Federal-Mogul Corporation said it has expanded the restructuring plan it announced September 17, 2008, in response to the continued challenging conditions in the global automotive market. Federal-Mogul plans to implement several initiatives designed to further consolidate, downsize or close additional locations. These actions are expected to reduce the company's global workforce by approximately 4,600 additional positions or about 10 percent. Read More
|Delphi Gets Approval To Sell Global Exhaust Business
| Delphi Corp. received approval from the U.S. Bankruptcy Court for the Southern District of New York for the sale of assets related to the company's global exhaust business to Bienes Turgon for $17 million (subject to adjustments). Read More
|General Dynamics Gets $217 Million Vehicle Order From Swiss Army
| MOWAG GmbH, a unit of General Dynamics European Land Systems, has been awarded an order valued at $217 million for 244 DURO and PIRANHA vehicles, to be produced in Kreuzlingen, Switzerland. The vehicles will be delivered between 2010 and 2012. Read More
|Goodrich and Rolls-Royce Complete Engine Controls Joint Venture
| Goodrich Corporation and Rolls-Royce Group plc announced today that they have signed all appropriate agreements related to the formation of a joint venture company to develop and supply engine controls for Rolls-Royce aero engines. Read More
|GM Selects Alcoa Forged Aluminum Wheels For Chevy Volt
| Alcoa Automotive Wheels, a division of Alcoa Wheel and Transportation Products, announced that it has been awarded the wheel program for the Chevy Volt extended-range electric vehicle. Read More
| AM Webcast Series
Now Available On Demand5 Key Strategies For Reduced Cost and Increased Profitability Striving to reduce costs and increase profitability while remaining competitive is no easy task. Epicor Manufacturing talks about ways to plan, schedule, execute and monitor your manufacturing operations – from raw materials to final product – to develop your highest level of flexibility and agility, and to make your operations more competitive. Watch Now!Sponsored by: EPICOR
Benchmarking at IMTSAmerican 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. Watch Now!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.Watch Now!Sponsored by: Cimatron Group
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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. Enter Forum
| AM Machine Tool Theater
New Machine Tool TheaterAmerican Machinist'sMachine 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