| 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
| 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 Inc. revised its outlook for 2008 due to the continuing decline in many of its key markets around |
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 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 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
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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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| 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.
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