NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.
Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.
Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.
Whether transmitted through wires or the air, data collected from older factory devices can help a shop owner make smarter business decisions.
General Electric Co. this week unveiled plans to break itself up into three publicly traded companies. The move brings an end to the conglomerate era at GE.
Specifications alone don’t tell the full story of a machine’s value – discover three key areas to explore when making a machine tool purchase.
Digitization and data dominated the discussion as EASTEC returned to West Springfield, Mass., after its 2020 pandemic hiatus.
