Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
Anyone who’s worked with wind turbine blades or just seen one up close can attest to the massive size of these clean-energy workhorses. Ever thought about what happens to that costly, high-tech material once the blade reaches the end of its lifespan in 20 years or so?
In competitiveness studies for economic development projects, a strong workforce is always one of the leading factors for a project win. A talented workforce is also necessary when a company is evaluating expansion opportunities.
Infinite Material Solutions LLC announced the launch of a water-soluble 3D printing support material called AquaSys® 180.
Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.
ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
Manufacturing expanded in October as new orders, production and employment all improved, the Institute for Supply Management said today.
General Motors dropped a fuel bomb on the auto industry at the end of January. Specifically, it said the fuel of the future for many of its vehicles will be electricity, not gasoline. For an iconic company like GM, that news is beyond big.
