Times were tough for the Timken Co. at the start of the 21st century. In March 2000, the Canton, OH-based manufacturer of antifriction roller bearings and related components announced plans to cut 600 jobs worldwide—after having trimmed 1,700 jobs in the previous two years. It also closed plants in Australia and England, and was relying more heavily on sources of steel outside the United States.
In numerous industries and applications, high-performing structural adhesives are replacing standard joining methods such as welding and the use of mechanical fasteners like rivets and bolts.
WASHINGTON—Producers in China and six other countries sold cold-rolled steel at unfairly low prices in the U.S. market and will be taxed as much as 266 percent on the price.
WASHINGTON—Orders for big-ticket goods surged in January. The Commerce Department said Thursday that new orders of durable goods increased 4.9 percent last month, topping the median estimate of 2.9 percent that economists had been expecting.
AUGUSTA, GA—Textron Specialized Vehicles, the company behind E-Z-GO golf carts, plans to build a new assembly plant here and add up to 400 jobs. The $40 million facility will be built on a 238-acre site near the’ existing Augusta plant.
Accurate and timely performance data is just as important to manufacturers as the latest welding technology, super-strong adhesive or unique-thread fastener.
JACKSONVILLE, FL—Stenner Pump Co., a manufacturer of water treatment equipment, has deployed a two-armed Baxter robot from Rethink Robotics at its assembly plant here for machine-tending applications.