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1 month ago | 
blog.thomasnet.com | Tricia Contreras
Supply chain reshoring and the growing number of sourcing options for industrial buyers have led to new and evolving challenges for U.S. manufacturers. With more options than ever before, buyers can feel overwhelmed when searching for suppliers that meet their needs, while suppliers need a way to differentiate their offerings and stand out from the competition.
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1 month ago | 
thomasnet.com | Andy Szal |Tricia Contreras
Industrial technology giant Siemens plans to cut thousands of jobs in its automation and digitalization segment. The German company announced Tuesday that it would eliminate some 5,600 positions in the "Digital Industries” business — the largest reduction at the company in eight years, Reuters reported. The layoffs equate to about 8% of the segment’s 68,000 employees. A little less than half of those cuts would take place in Germany. Siemens employs about 312,000 people across its global footprint.
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Jan 31, 2025 | 
thomasnet.com | Aruna Urs |Tricia Contreras
Everyone goes through losses — atoms included. ‘Atom loss’ is a pressing matter in quantum computing, and scientists at Sandia National Laboratories and the University of New Mexico (UNM) have developed a method of detecting atom loss without disrupting a qubit’s quantum state. But before we dive into the discovery, here’s a quick overview on what atom loss is.
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Jan 29, 2025 | 
thomasnet.com | Tricia Contreras
Automotive manufacturers plan to accelerate investment in hybrid vehicles and reshore production with an eye on North America. Download a PDF of the reportRead the press releaseAutomotive manufacturers face a number of challenges, from labor issues to concerns around reshoring, but new technologies are driving opportunities that have many automakers optimistic about the future.
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Dec 31, 2024 | 
thomasnet.com | Laura Ross |Tricia Contreras
The global 3D printing market is projected to grow from $27.52 billion in 2024 to $150.2 billion by 2032. The manufacturing industry has benefitted from the growth of 3D printing technology in several ways, including lower production costs, increased customization, optimized operational efficiency, reduced waste generation, and rapid prototyping.
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Dec 2, 2024 | 
thomasnet.com | Devon Verbsky |Tricia Contreras
Honda Racing Corporation (HRC) has debuted a new business arm that provides authentic performance parts to retail customers buying parts for street, track, and off-road vehicles. Previously known as Honda Performance Development (HPD), HRC is the North American racing arm for Honda and Acura. After the Acura Integra Type S HRC Prototype generated strong buzz among attendees at Monterey Car Week in August, HRC was inspired to offer a line of performance parts for Honda and Acura customers.
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Dec 2, 2024 | 
thomasnet.com | Devon Verbsky |Tricia Contreras
Autonomous driving technology company Waymo is exploring how multimodal models can be used to help autonomous vehicles navigate roadways using raw camera sensor data. It outlined its findings and introduced its own multimodal model in a recent research paper. Waymo has created a multimodal large language model using technology from its sister company, Google.
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Nov 26, 2024 | 
thomasnet.com | Nolan Beilstein |Tricia Contreras
The Massachusetts Institute of Technology reported that mining company Phoenix Tailings is scaling a process for extracting rare earth metals from mining waste. The Biden administration expects a surge in demand for rare earth metals, which are critical for magnets used in electric vehicle motors, solar panels, and wind farms. However, China currently refines approximately 60% of these materials globally, which the administration warns could lead to economic and national security challenges.
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Nov 26, 2024 | 
thomasnet.com | Nolan Beilstein |Tricia Contreras
Scientists from CSIRO, an Australian government agency that focuses on industrial research, have developed a soft robotic gripper designed to transform the cultivation of baby corals in laboratories and offer a fresh approach to coral restoration. According to CSIRO scientist Dr. Josh Pinskier, the project could partially automate coral propagation, which traditionally requires manual transfer between tanks.
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Nov 6, 2024 | 
thomasnet.com | Andy Szal |Tricia Contreras
The maker of the famous Stanley drink tumbler will seek to modernize its supply chain under a new partnership with a Canadian software firm. PMI Worldwide Brands, which does business as Stanley 1913, is a more than 110-year-old brand whose Quencher H2.0 FlowState tumbler has become extremely popular in recent years. Looking to bolster its supply chain operations, the company has partnered with Ottawa-based Kinaxis, the maker of an AI-infused supply chain orchestration platform called Maestro.
