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March 8, 2022

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Durable goods orders advanced by 1.6 percent to $277.5 billion in January, which followed an adjusted 1.2 percent increase for December. January marked the eighth increase in the past nine months. Transportation equipment was the main reason why and commercial aircraft was the biggest gainer within transportation.

Deburring
 

3D Systems said it agreed to acquire two companies as the additive manufacturer expands its portfolio. The company said it has struck deals to take over a German additive manufacturer involved in healthcare and a Colorado designer and fabricator of 3D printers.

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Additive manufacturer Stratasys Ltd. said its fourth-quarter revenue jumped 17 percent compared with a year earlier. The company, based in Minneapolis and Rehovot, Israel, posted quarterly revenue of $167 million compared with $142.4 million in 2020’s final quarter. The company’s cash holdings also increased.

How to improve EV's
 

Power management company Eaton announced its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle (EV) transmission, reduction gearing and differential portfolios.

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The Federal Aviation Administration said 5G wireless operations can interfere with radio altimeters in Boeing Co. 737 aircraft, Reuters reported. However, the agency emphasized the issue poses little practical effect for airlines.

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Ford Motor Co. CEO Jim Farley said the automaker has no plants to spin off either its electric vehicle or gasoline-powered vehicle businesses, Reuters said. Farley spoke at a Wolfe Research conference that was part of a webinar.

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