Industries

Manufacturing

Samsung eyes new opportunities as pandemic ignites demand for home appliances

Samsung eyes new opportunities as pandemic ignites demand for home appliances

By: Joyce Lee
Source: Reuters
Date of Publication: September 1st, 2020
From sanitizing closets to customizable fridges, the coronavirus pandemic has fanned demand for home appliances - so much so that Samsung Electronics Co Ltd (005930.KS) is adding warehouses and bringing popular products to more markets.
No reset, no bottom for GE yet: J.P. Morgan

No reset, no bottom for GE yet: J.P. Morgan

Source: Reuters
Date of Publication: August 31st, 2020
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.
U.S. scraps Philips ventilator order in 2020 earnings blow

U.S. scraps Philips ventilator order in 2020 earnings blow

Source: Reuters
Date of Publication: August 31st, 2020
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.
Why are there still not enough paper towels?

Why Are There Still Not Enough Paper Towels?

By: Sharon Terlep, Annie Gasparro
Source: Wall Street Journal
Date of Publication: August 21st, 2020
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 Commits 2 Million Boxes for COVID-19 Relief

International Paper Commits 2 Million Boxes for COVID-19 Relief

By: International Paper
Source: 3blmedia
Date of Publication: May 20th, 2020
International Paper helped donate boxes to food banks and calls on other companies to do the same during the covid-19 pandemci
Our industry in the time of Coronavirus - Dow

Our industry in the time of Coronavirus - Dow

By: Jim Fitterling
Source: Dow Chemical
Date of Publication: May 30th, 2020
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.
Work-from-home boom is a bust for big office furniture makers

Work-from-home boom is a bust for big office furniture makers

By: Timothy Aeppel
Source: Reuters
Date of Publication: August 18th, 2020
America’s biggest office furniture manufacturers got the rug pulled out from under them by the COVID-19 pandemic.
Getting a handle on the coronavirus - John Deere

Getting a handle on the coronavirus- John Deere

By: John Deere
Source: John Deere
Date of Publication: April 23rd, 2020
John Deere engineer uses everyday item to prevent spread of coronavirus
Caterpillar Expects Reduced Demand to Persist - WSJ

Caterpillar Expects Reduced Demand to Persist

By: Austen Hufford
Source: The Wall Street Journal
Date of Publication: July 31st, 2020
Machinery giant said sales fell at least 10% in each of its main businesses.
Caterpillar Results Likely to Shed Light on Strength of Economic Recovery - The New York Times

Caterpillar Results Likely to Shed Light on Strength of Economic Recovery

By: Reuters
Source: The New York Times
Date of Publication: July 28th, 2020
When Caterpillar Inc reports earnings on Friday, investors will look for clues about the strength of economic recovery from the coronavirus pandemic.