Sandvik will acquire DWFritz Automation, a U.S.-based provider of precision metrology, inspection and assembly solutions for advanced manufacturing. DWFritz designs, builds and supports high-speed, non-contact metrology solutions and automation systems.
Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.
Dixie County lost one of its largest employers in the 2007-2008 recession, a Georgia Pacific (GP) Lumber facility. For more than 10 years the mill remained closed, but with help from the North Florida Economic Development Partnership (NFEDP), a new buyer has reopened the mill, made millions in new investments and has a projected annual payroll of $5.5 million in a very rural county.
Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
The manufacturing economy cooled slightly in July while continuing to operate at a strong rate, the Institute for Supply Management said today.
Terbine announced in conjunction with the Center for Automotive Research’s annual conference what it called the first commercial Data Exchange for the rapidly evolving world of connected vehicles.
3D Systems agreed to sell its medical simulation business, Simbionix, to Surgical Science Sweden AB.
The Kiekert AG Supervisory Board voted to appoint Jérôme Debreu as chief executive officer and chief financial officer.
An engine manufacturer discovers there is a way to reduce 50 billion data points to 2 billion—a reasonable number from which the foundation for machine learning can be built.
