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.
FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.
Expand Machinery LLC has introduced the GENTURN-52CS Y2, a 2" bar capacity, eight-axis Swiss mill/turn center featuring a subspindle and dual C and Y axes for the production of complex work in one handling.
Manufacturers may look to investing in digital technology as they seek to recover from the COVID-19 pandemic, consulting firm Deloitte said this week in a report.
U.S. manufacturing added 27,000 jobs last month, buoyed by gains in motor vehicles and parts, the Labor Department said today.
Machine tool orders gained in September as manufacturing recovered from a severe recession.
3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
Siemens and Ingersoll Machine Tools said they have expanded a digital enterprise partnership.
Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
Mazak Optonics has confirmed expansion plans for its North American headquarters in Illinois.
