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.
Raym-Co Inc., located in Farmington, Conn., is a job shop with a 37,000 ft2 (3,065 m2) facility and approximately 60 CNC machines.
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.
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.
Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the launch of its first commercial-scale 27,000-square foot U.S. manufacturing factory.
U.S. manufacturing added 53,000 jobs in March, with contributions from both durable and non-durable goods, the U.S. Bureau of Labor Statistics said.
On paper, it should have been smooth sailing. When Fairbanks Morse installed a robotic welding cell at its Beloit, Wis. headquarters, the goal was to increase output of the massive marine propulsion systems they manufacture.
Machine tool orders posted a year-over-year gain in January, the third straight month with such an increase, AMT – The Association for Manufacturing Technology said today.
