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The relationships your department forms with trading partners can have a big impact on your financial success and well-being. When relationships are positive...
In 2016 the tiny European country of Luxembourg announced an ambitious initiative to mine asteroids and other near-Earth objects (NEOs) for rare minerals. It wasn’t the country’s first foray into space...
Sometimes, it can be difficult to personalize big numbers like $300 billion. That's the amount of new tariffs President Trump announced he intends to impose on goods from China beginning September 1. It will affect...
Factory production lines know the right jig or fixture speeds production, which increases productivity. But that’s just the beginning. Well-designed tools are more ergonomic, offering both increased worker safety and productivity, as well as cost savings.
Traditional machining produces heavy, costly, multi-piece tools that become an even greater liability as repetitive motion injuries erode line productivity with worker disability. Redesign means even more protracted timelines for machined parts.
The momentum that supporters have tried to build for a new North American trade deal has run into some Trump turbulence.
The Trump administration had taken steps in recent weeks to work with Democratic and Republican lawmakers to address concerns about the proposed United States-Mexico-Canada agreement.
The U.S. Department of Energy announced recently that it’s awarding a $1.25 million grant to a project team from GE Research and GE Energy Consulting to dig deeper into the possibilities of hydro storage, a promising technology that might...
Parts management directly impacts the financial return on your fleet. The most effective means of making parts cheaper is not in fact to start buying cheaper parts, but to bring operational efficiency to the purchase and use of these parts. Want to learn the best parts procurement practices and find out how you can actually save more than 100% on parts costs?