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Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.

Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.

Durable goods orders rose in November, paced by motor vehicles and parts, the U.S. Commerce Department said.

ARCH Global Precision said it has acquired LISI Medical Jeropa Inc.

Sophisticated metrology equipment, like coordinate measuring machines (CMMs) and laser scanners, are increasingly seen outside quality labs. “Many companies have cut costs by moving inspection from the lab to the shop floor,” said Matteo Zoin, head of marketing and new market development for Marposs Corp., Auburn Hills, Mich.

Abrasive machining is a tried-and-true technology for meeting exacting tolerances and producing superior finishes. Manufacturers continue to develop new capabilities.

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.

Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.

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.

Key steps are virtual twins and real relationships.