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Cottonwood Expands Into Industrial Financing

Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.

GM Reports Quarterly Profit, Raises Forecast

General Motors Co. today reported a quarterly profit as the Detroit-based automaker maintained output of high-profit trucks and SUVs despite a global shortage of semiconductors. The company also boosted its 2021 forecast.

Kiekert Appoints New CEO

The Kiekert AG Supervisory Board voted to appoint Jérôme Debreu as chief executive officer and chief financial officer.

Making Welding Accessible to All

With the ongoing shortage of skilled workers and the pickup in the economy, suppliers of welding equipment are finding ways to making welding easier for those working in manufacturing. Automation is the leading technique among many.

Manufacturing Adds 15,000 Jobs

Manufacturing added 15,000 jobs in June, the U.S. Bureau of Labor Statistics said today. But the manufacturing employment picture was mixed.