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.
An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
CNC Software Inc., developers of Mastercam CAD/CAM software, and FANUC America, a supplier of factory automation solutions, have introduced a new post processor designed to optimize five-axis capabilities in FANUC CNCs.
Manufacturing’s economic expansion eased in November, the Institute for Supply Management said today.
In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Machine tool importer and distributor Absolute Machine Tools, Inc. received the PMPA (Precision Machined Products Association) Technical Member Participation award at the association’s annual meeting recently in Ridgedale, Missouri.
Vision AI software company Neurala announced a new strategic partnership with global manufacturing leader IMA Group.
CGTech, the developer of VERICUT software, and Makino Milling Machine Co. Ltd., a leader in CNC machine tools technology, have renewed their strategic corporate partnership to better serve the mutual customer base of the two companies.
Providing a full range of machines, automation, and software mirrors the important trends in the industry as well.
As more original equipment manufacturers (OEMs) and job shops “warm up” to the idea of laser welding, many have turned their attention to four specific technologies.