Hanwha Aerospace USA Wins Supplier Gold Recognition from Raytheon Technologies March 17, 2021 Hanwha Aerospace USA has been recognized by Raytheon Technologies for excellence in quality, delivery and operational performance.
MxD Secures $8.5 Million in 2021 Defense Appropriations Legislation March 1, 2021 With the passage of the fiscal year 2021 Consolidated Appropriations Act at the end of 2020, MxD, the national digital manufacturing institute, secured $8.5 million in funding from the U.S. Department of Defense for 5G for manufacturing and cybersecurity for arsenal supply chains.
Boeing Reports Record Loss January 27, 2021 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.
Today’s Solid-Carbide Tools Are Top Producers September 25, 2020 Solid-carbide round tools have seemingly been around forever; before them, high-speed steel (HSS) tools ruled the roost, and after them a growing selection of alternative processes like indexables, EDM, waterjet and now additive manufacturing emerged as competition.
Smart manufacturing firms in Taiwan putting latest offerings on display September 14, 2020 The implementation of smart technology is accelerating, in part because of the global pandemic, organizers of an online press conference on smart manufacturing in Taiwan said today.
Building a Future in Florida September 22, 2020 Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Weymouth and Bial join Xometry Board of Directors October 14, 2020 Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
Gundrilling for Job Shops September 25, 2020 Today’s job shops can distinguish themselves from competitors by adding deep hole drilling/gundrilling to their offerings. But complex, custom-built machines require more floor space and a bigger investment.