Manufacturing

General Electric Co (GE.N) shares are now worth less than $5 each, analysts from J.P. Morgan said on Monday, valuing the U.S. conglomerate at less than $44 billion and predicting it is yet to reach a turning point in efforts to reboot its businesses.

Philips (PHG.AS) said the U.S. Department of Health had cancelled most of an order for 43,000 ventilators, leading the Dutch medical equipment maker to cut its 2020 earnings outlook.

Blame lean manufacturing. A decadeslong effort to eke out more profit by keeping inventory low left many manufacturers unprepared when Covid-19 struck. And production is unlikely to ramp up significantly any time soon.

International Paper helped donate boxes to food banks and calls on other companies to do the same during the covid-19 pandemci

Dow Chemical CEO Jim Fitterling talks about how his company is adapting to meet the needs of safety and work during the COVID-19 pandemic.

America’s biggest office furniture manufacturers got the rug pulled out from under them by the COVID-19 pandemic.

John Deere engineer uses everyday item to prevent spread of coronavirus

Machinery giant said sales fell at least 10% in each of its main businesses.

When Caterpillar Inc reports earnings on Friday, investors will look for clues about the strength of economic recovery from the coronavirus pandemic.

Conglomerate says aerospace business suffered in latest quarter and will gradually improve this year.