Sandvik to Acquire CAM Software Company Cambrio July 6, 2021 Sandvik AB has agreed with Battery Ventures to acquire U.S.-based Cambrio, which has a portfolio in CAD/CAM software for manufacturing industries.
Durable Goods Orders Increase in May Based on Transportation June 24, 2021 New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.
Absolute Machine Tools Earns Diamond Partner Status from Mitsubishi Electric Automation June 24, 2021 Absolute Machine Tools has earned the title of Diamond Partner Systems Integrator from Mitsubishi Electric Automation Inc. The partnership is expected to expand opportunities in robotics and automation for 0020both companies.
Workforce Development for Global Competitiveness June 24, 2021 A widening skills gap threatens U.S. manufacturing competitiveness and consequently our economy. A talent pipeline with a sufficient supply of properly aligned skills is imperative to meet U.S. manufacturers’ needs for capacity, productivity and innovation.
Developing Next-Gen Manufacturing Professionals June 18, 2021 Recruiting, training and retaining manufacturing workers is a constant challenge. The skills gap is real and growing, but the manufacturing industry has several tools to deal with this challenge.
Manufacturers Cope With New Leasing Standard June 10, 2021 Sarah O'Sullivan, accounting director at LeaseQuery, talked to SME Media about how accounting changes related to leases are affecting manufacturers.
GE, GMIS to Explore Benefits of Digitization May 25, 2021 GE and the Global Manufacturing and Industrialisation Summit (GMIS) have announced a partnership to explore the role of digitization, lean manufacturing, and workplace safety to support the transformation of manufacturing and economic regeneration.
Manufacturing Expansion to Last Through 2021, ISM Says May 18, 2021 The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.
Manufacturing Loses Jobs in April on Auto Layoffs May 7, 2021 Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.