Machine Tool Orders Post Mixed Results in November January 11, 2021 Machine tool orders posted mixed results in November, falling on a monthly basis but recording a small increase from a year earlier.
GM Electrifies its Future March 3, 2021 General Motors dropped a fuel bomb on the auto industry at the end of January. Specifically, it said the fuel of the future for many of its vehicles will be electricity, not gasoline. For an iconic company like GM, that news is beyond big.
Machine Tool Orders Post Strong Gains in December February 8, 2021 Machine tool orders posted strong gains in December on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.
Ford Posts Quarterly Loss, Plans to Boost EV Investment February 4, 2021 Ford Motor Co. said today its fourth-quarter loss widened while adding it plans to increase its investment in electric vehicles.
ESPRIT CAM Supports Binder Jetting Technology March 1, 2021 ESPRIT CAM, a computer-aided manufacturing software developed by DP Technology that supports a variety of CNC machines, has extended its existing partnership with France’s Technical Centre for Mechanical Industry (CETIM) to include additive manufacturing.
Stratasys Acquires RPS February 18, 2021 Stratasys Ltd. said it has acquired U.K.-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions.
Manufacturing Jobs Drop in January February 5, 2021 Manufacturing employment declined by 10,000 jobs last month and results were even worse in durable goods industries, the U.S. Bureau of Labor Statistics said today.
Cottonwood Expands Into Industrial Financing February 22, 2021 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, Rockwell Automation Form Coalition February 26, 2021 FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.
Ceratizit Wins Innovation Award for the Additive Manufacturing of Carbide Parts December 18, 2020 The Ceratizit Group has won the 2020 Innovation Award of the FEDIL business federation in the ‘Process’ category for the development of a new process for the additive manufacturing of tungsten carbide-cobalt.