Genuine Parts said net profit declined during the third quarter, though sales increased by 3.9%. Subsidiary Motion Industries announced on Thursday it will buy Apache Hose & Belting, adding about $100 million in annual sales.
United Rentals increased sales and net income during the third quarter compared with a year earlier. "Given these many positive dynamics, and the extended hurricane recoveries, we've raised our 2017 gross capex plan by up to $200 million to best serve the current and anticipated needs of our customers," says CEO Michael Kneeland.
The Westcon-Comstor Americas acquisition will help Synnex's partners by offering a wider product selection and better marketplace in Central America, says Synnex CEO Kevin Murai. "We have specialists by market, we have specialists by technology platform, and Westcon-Comstor becomes another one of those specializations," he said.
Robotic welding yields consistent results, reduces stress on human workers and works effectively with modern materials, writes Ed Sinkora. Offline-setup software has made it easier to get started with robotic welding, he writes.
Carhartt is using 3D modeling to see how clothing designs will look and fit before manufacturing begins.
Artificial intelligence and machine learning are giving cybersecurity solutions more powerful capabilities, Maria Korolov writes. "As the global threat landscape is advancing quite quickly, both in ability and collaboration on the attacker side, we really must use advanced tools and technologies to get ahead of the threat themselves," said Kirsten Davies of Barclays Africa.
A three-part framework can help manufacturers decide if additive manufacturing is cost-effective, write Andre Kieviet and Suraj M. Alexander. Those criteria are strategic customer benefit, effect on the supply chain and complexity.
Human-machine interfaces are becoming more powerful and flexible as they are incorporated into industrial internet of things applications instead of being isolated in PCs, Saadi Kermani of Schneider Electric Software writes.
Companies should consider all costs associated with a remanufacturing process before implementing a circular strategy, recommends two INSEAD graduate researchers in their paper, "How Companies Can Assess Their Readiness for the Circular Economy." The report also advises manufacturers to assess the carbon emissions caused during return transport, remanufacturing and forward transport of remanufactured goods to determine whether the process will actually help the environment.
Freight companies will likely deliver 9,500 loads of commercial and government relief cargo to Puerto Rico by week's end, about a 40% increase in capacity since Hurricane Maria in September, according to Crowley Maritime. FEMA is working with Crowley to prioritize food and necessary supplies as manufacturers and retailers return commercial shipments to normal levels.
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