Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.
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.
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.
Prima Power Laserdyne recently presented a Zeiss high-resolution microscope to the welding program leaders of Anoka Technical College as the college expands its robotic and laser welding program.
3D Systems announced the addition of four new high-performance, production-capable resins to its Figure 4 portfolio designed specifically for both batch-run, end-use part manufacturing, and prototyping applications.
Altair announced Altair One, which the company described as "a fully integrated platform that brings together the company’s entire product suite and HPC capabilities to facilitate seamless collaboration and faster time-to-market."
Manufacturing continued to operate at strong levels in April, the Institute for Supply Management said today.
Nexteer Automotive said it is creating a single strategic software team.
Robert Bosch GmbH finds itself juggling how customers want to boost their electric vehicle offerings while continue improving traditional internal combustion engines.