Eaton Receives DOE Award December 14, 2021 Power management company Eaton announced a $4.9 million award from the U.S. Department of Energy (DOE) to reduce the cost and complexity of deploying direct-current (DC) fast electric vehicle charging infrastructure (EVCI).
Waev Completes Purchase of GEM, Taylor-Dunn January 3, 2022 Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.
Methods Completes Acquisition of Koch January 4, 2022 Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
Machine Tool Orders Soar in November January 10, 2022 Machine tool orders surged in November, AMT – The Association for Manufacturing Technology said today in a monthly report.
Lockheed Martin Achieves IIot Smart Factory January 11, 2022 Aegis Software, a global provider of Manufacturing Operations Management Software (MOM/MES), announces that Lockheed Martin’s Lufkin facility has connected key SMT machines of all key types using the IPC-CFX standard.
Tide Rock Acquires Plastic Molding Technology January 11, 2022 Tide Rock Holdings, a San Diego-based holding company, recently acquired Plastic Molding Technology, a full-service precision injection molding company located in El Paso, Texas.
October U.S. Cutting Tools Rise From a Year Earlier January 12, 2022 U.S. cutting tools orders rose in October compared with a year earlier.
Eaton Acquires Royal Power Solutions January 6, 2022 Eaton said it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
Manufacturing Adds 26,000 Jobs, Mostly in Durable Goods January 7, 2022 Manufacturing added 26,000 jobs in December with durable goods sectors doing the heavy lifting.
Boeing Reports Quarterly Loss on 787 Charges January 26, 2022 Boeing Co. today reported a fourth-quarter loss after taking a $3.5 billion pretax charge related to costs to fix its troubled 787 Dreamliner program.