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Machine tool orders posted mixed results in November, falling on a monthly basis but recording a small increase from a year earlier.

The CEO of the U.S. Chamber of Commerce said in a statement that efforts to overturn certified election results " will only result in further division across our nation."

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.

GE Appliances, a Haier company, announced plans to invest more than $118 million to grow its cooking appliances business by expanding capacity and developing new cooking products at its wholly-owned subsidiary Roper Corp. in LaFayette, Ga.

The continuing computer chip shortage and the ongoing COVID-19 pandemic will slow down the auto industry’s recovery, forecasting company IHS Markit said in a presentation today.

Xometry today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection, and digital marketing solutions.

In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.

September 2021 U.S. cutting tool consumption totaled $163.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.

Manufacturing sped up in November on improvements in new orders, production and employment, the Institute for Supply Management said today.