ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
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.
Weymouth and Bial join Xometry Board of Directors October 14, 2020 Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
Pandemic Adaptive Supply Chains: A Future-Proof Approach June 11, 2020 COVID-19 vividly underscores the vulnerability of global manufacturing operations and supply chains. The disruption in our supply chains will hamper manufacturing for months and perhaps years. As we reopen and rebuild our economy, we must focus on sustainable manufacturing operations that are pandemic adaptive, resilient, and secure.
YCM Introduces “Aero” Series Double-Column Machining Center Targeted to Aerospace Industry June 19, 2020 YCM Technology (USA) Inc., Carson, Calif., has announced the introduction of the “AERO” Series of next-generation, high-performance double-column, multi-axis DCV2018A/B-5AX machining centers.
AI Enters Inspections September 8, 2020 An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
Remotely Exploitable Industrial Control System Vulnerabilities on Rise August 19, 2020 New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
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.
Gundrilling for Job Shops September 25, 2020 Today’s job shops can distinguish themselves from competitors by adding deep hole drilling/gundrilling to their offerings. But complex, custom-built machines require more floor space and a bigger investment.
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.