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Caterpillar Profit Slips Due to Pandemic

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.

Manufacturing Forecast to Expand in 2021

Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.

Desktop Metal to Acquire EnvisionTEC

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.

Amatrol Joins LIFT as Member

LIFT announced that Amatrol, a manufacturing training company, has joined the manufacturing institute as a member.

Customer Testimonial: Global-Tek Manufacturing

Setting up a new machine shop is challenging. Successful owners conduct rigorous research, meticulously inspect every detail, and carefully evaluate every option. So when Kevin Curtis began the search to equip his new venture in 2009, he did his homework.