Verisurf Software said it appointed Tara Mitchell as business development manager for the Americas.
Carsten Liske was named Chief Executive Officer of CHIRON Group SE effective March 1, rounding out the senior management team at the machining centers and solutions specialist.
FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.
Expand Machinery LLC has introduced the GENTURN-52CS Y2, a 2" bar capacity, eight-axis Swiss mill/turn center featuring a subspindle and dual C and Y axes for the production of complex work in one handling.
Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.
Dixie County lost one of its largest employers in the 2007-2008 recession, a Georgia Pacific (GP) Lumber facility. For more than 10 years the mill remained closed, but with help from the North Florida Economic Development Partnership (NFEDP), a new buyer has reopened the mill, made millions in new investments and has a projected annual payroll of $5.5 million in a very rural county.
Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.
February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.
