Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.
Fuji Machine has introduced its GYROFLEX Ultimate Multitasking Machine. According to Fuji, the GYROFLEX offers the flexibility to meet a variety of production demands, from low production volume and parts prototyping to high-volume and high-mixed production.
Thanks in part to its pro-business policies, strong workforce, and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing.
LIFT announced that Amatrol, a manufacturing training company, has joined the manufacturing institute as a member.
Babcock International Group has placed an order for a set of PEMA welding and production lines for shipbuilding at its Rosyth site in Scotland. In total, the order includes three lines; PEMA Thin plate panel line, PEMA Micro panel line, and PEMA T-beam fabrication line.
Manufacturing growth accelerated in December fueled by new orders for products, the Institute for Supply Management said today.
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Manufacturing hit the accelerator in February, with new orders, production and employment all contributing to a strengthening economy, the Institute for Supply Management said today.
General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.
Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.