COVID-19 Manufacturing News Digest: May 8, 2020 May 8, 2020 This is a digest of news items focusing on how manufacturers are aiding the global response to the COVID-19 pandemic.
GM Quarterly Profit Falls Amid COVID-19 May 6, 2020 General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
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.
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.
NCDMM Announces Organizational Restructuring August 14, 2020 The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
Manufacturing at a ‘Tipping Point’ to Diversify Beyond China July 21, 2020 Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.
One man's war on disaster May 12, 2020 Factory safety is not a theoretical issue for Gabe Glynn, CEO of the wearable tech firm MākuSafe.
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.
Plan Now to Exploit Post-Virus Opportunities, Industry Analysts Urge April 13, 2020 Companies most likely to succeed in capitalizing on those opportunities will excel in digital transformation, among other things, according to the April 9 webinar “Market Impact of COVID-19: How to Respond, Reset, and Rebound,” by Aroop Zutshi and Mark Simoncelli of Frost & Sullivan Industry and Strategy Experts.
Automation, AI, and Interoperability for More Resilient Manufacturing in a Post-COVID World October 12, 2020 Vecna Robotics’ David Clear and SVT Robotics’ TJ Fanning go into reasons manufacturers might want to consider automation and AI. They also look at how to test assumptions and scale with so many variables changing moment by moment. The adage “change is the only constant” has never been more apropos. So, it’s a great time to hear what separates a complex system from a complex adaptive system.
