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.
COVID-19 vividly underscores the vulnerability of global manufacturing operations and supply chains. The disruption in our supply chains will hamper manufacturing for months and perhaps years. As we reopen and rebuild our economy, we must focus on sustainable manufacturing operations that are pandemic adaptive, resilient, and secure.
The pace of technology today is rapid, with the potential to transform manufacturing. Digitization, automation, and connectivity are opening many new doors on the production floor.
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?
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.
SME interviewed at FABTECH Greg Morehouse. He is the Executive Vice President for operations, Acieta, a leading RIA certified and FANUC Authorized System Integrator. This podcast describes how Acieta defines custom automation and how one should approach the task of engaging an integrator like Acieta in procuring an automation system, whether your shop has three people or 300.
