The silhouette of a man can be seen in front of the company logo at Voith's headquarters. Stefan Puchner/dpa German machine manufacturer Voith said it plans to cut up to 2,500 jobs, representing about ...
Facing high costs and falling demand, German manufacturers are reinventing themselves to tap in to the country’s accelerated ...
The German Machine Tool Builders Assn. (VDW) reported a -28% decrease in new orders during Q2 2024, versus 2023. Orders from domestic manufacturers and machine shops were down by -13% year-over-year, ...
CHEMNITZ, Germany – In a small corner of a vast thyssenkrupp factory in this industrial town, an engineer was talking to a machine. “From the beginning I was only speaking to it in English, but today ...
For generations, Germany has been a manufacturing powerhouse. The country was in the vanguard of the industrial revolution in the nineteenth century, establishing dominant positions in electrical ...
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