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Good News for Smaller Manufacturers

Larger manufacturing enterprises have benefitted from smart-manufacturing innovations while smaller manufacturers have lagged behind—but that is changing.

Tide Rock Acquires Plastic Molding Technology

Tide Rock Holdings, a San Diego-based holding company, recently acquired Plastic Molding Technology, a full-service precision injection molding company located in El Paso, Texas.

3D Printing Company Adds Materials, Italian Firms

Desktop Metal Inc., the company founded in 2015 with no plan to produce a production-level printer, is now promoting 3D printing for high-volume serial production under its AM (additive manufacturing) 2.0 initiative.

DoE Announces $2.5 Billion Loan for Battery Plants

The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.