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Sandvik to Acquire Software Developer CGTech

Sandvik AB has signed an agreement to acquire CGTech, Irvine, Calif., a global developer of software for numerical control (NC/CNC) simulation, verification and optimization.

NCDMM Announces Organizational Restructuring

The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.

Mastercam Retains Top Ranking Worldwide in 2020

More shops and schools invest in Mastercam than any other CAD/CAM software package in the world, according to CIMdata, an independent research firm specializing in the NC industry. CIMdata reports that Mastercam is the number one CAM software used worldwide for 26 years in a row

Lightning eMotors Introduces New Model

Lightning eMotors, a provider of commercial electric vehicles for fleets, today announced the debut of a new model of its Class 3 Lightning Electric Transit Van.

Machine Tool Orders Rise in October

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 Reports Record Loss

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.