DEARBORN, MI—Ford is introducing a new technology that promises to decrease costs and delivery time for manufacturing sheet metal parts. Under the process, a piece of sheet metal is clamped around its edges and formed into a 3D shape by two stylus-type tools working together on opposite sides of the sheet.
WASHINGTON—The purchasing managers index for manufacturing rose to 50.9 in June, up 1.9 points from May. According to the Institute for Supply Management, a PMI reading above 50 indicates expansion, while one below reflects contraction.
In The Great Gatsby, the central character is captivated by a green navigational beacon off in the distance that gives him eternal hope. Although Jay Gatsby wasn’t thinking about assembly lines, manufacturing has a similar green light and assemblers are equally optimistic these days.