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Industrial Manufacturing: Page 42

ArcelorMittal Signs $2.7B Natural Gas Supply Deal with Mexico’s CFE

ArcelorMittal said that the contract would provide its operations in Lazaro Cardenas in the state of Michoacan with gas from Waha, Texas.

Saint-Denis, France. Photo: iStock.com/HJBC

U.S. Steel Agrees to Be Bought by Japanese Rival After Long Takeover Saga

The acquisition is a further consolidation of the industry in the United States, which is now dominated by three major companies: Cleveland-Cliffs, Nucor and Steel Dynamics.

Photo: iStock.com/JerryB7

BP Suspends Oil and Gas Shipment through Red Sea

BP is the first oil company to directly halt its own shipping, after five major ocean carriers halted service through The Bab al-Mandab strait.

Gas prices are likely to rise because of disruption to shipping in the Arabian Gulf. Photo: iStock.com/jetcityimage

Global Manufacturing Slump Could Continue into 2024

The current level of spare capacity indicates that the end of a global manufacturing recession “is still some way off,” said GEP’s vice president of consulting, Todd Bremer.

Munich, Germany. Photo: iStock.com/Wirestock

Manufacturing Execs Feel Worse About Future Business Prospects

The average optimism score of executives fell to 6.76 out of ten during August 2023 after coming in at 6.88 during March 2023.

Photo: iStock.com/DedMityay

Merck Navigates Chip Geopolitics With ‘China For China’ Strategy

The German company adopted the “China for China” strategy in 2018 to meet surging demand for its LCD panels there.

Kai Beckmann, chief executive officer of Merck’s electronics business. Photo: Bloomberg

How Manufacturers Benefit from Automation-as-a-Service

Combined with AI & AR/VR, AaaS streamlines operations, reduces costs, and increases productivity.

Photo: iStock.com/PhonlamaiPhoto

Podcast | Will We See a U.S. Factory Boom? Not Without AI.

U.S. industry is fervently hoping for a resurgence in domestic manufacturing. Application of artificial intelligence is the key.

Image: iStock.com/Jian Fan

ERP Digitization: MRO as a Business Driver

The state of the economy and the mounting push to digitize supply chain processes are driving a creative approach to maintaining the integrity of your company's item master.

Spare Parts Old

Exxon Aims to Produce Lithium in Rare Foray From Fossil Fuel

The project would help Exxon mitigate losses from the expected reduction in gasoline and diesel demand over the coming decades.

Photo: Bloomberg

The Latest Executive Order Demands that the Semiconductor Industry Act Now

By investing in international cooperation and embracing data and technologies, we can illuminate the path to secure semiconductors and a safer world.

Photo: iStock.com/William_Potter

IBM Uses AI and Visibility Tools to Boost Efficiency

IBM, a pioneer in the development of artificial intelligence, deploys the ground-breaking technology to make real-time predictions about the status and shipment of sales orders.

P18 Visibility

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How a Leading U.S. Floral Distribution Company Reduced Warehouse Labor Costs by 45% with RFID

Recycled Tagging Fasteners: Small Changes Make a Big Impact

Mobile geolocation service for track delivery, cargo shipment and freight transportation. Logistic Import Export business (Elements of this image furnished by NASA)

Enhancing High-Value Electronics Shipment Security with Tive's Real-Time Tracking

Franchise business e-commerce online e-marketplace or digital marketing branch expansion for growth or use technology to analyze product consumer data website management plan for sale service concept.

Moving Robots Site-to-Site