The manufacturing industry is arguably the backbone of any nation’s economy. Manufacturing represents about 11 percent of U.S. GDP and more than 8 percent of U.S. employment. As a result of Industry 4.0, the U.S. manufacturing industry is going through a paradigm shift, both in terms of technological developments and the skill sets required.
Sandvik AB has signed an agreement to acquire CGTech, Irvine, Calif., a global developer of software for numerical control (NC/CNC) simulation, verification and optimization.
BIG Kaiser Precision Tooling has promoted Jack Burley to President/Chief Operating Officer, effective January 1, 2021. Chris Kaiser, BIG Kaiser President and CEO for 30 years, will take on the role of Executive Advisor.
SME discussed with David Olson of Verisurf the growing importance of Model-Based Definition and the use of standard formats by small and medium sized manufacturers.
In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
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.
Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
Lorain county manufacturers and community college seek to explain career choices in manufacturing.
IIoT expert Steve Jones who will speak Oct. 29 at “The Best of SMX” (smxevent.com),
describes in detail the Industrial Internet of Things (IIoT), as well as AI/machine learning
and other promising technology for manufacturing’s future. Like with many things in life,
it is important to set goals first, the Steelcase executive says. Not sure where to begin
with IIoT? Never fear: Jones has the answer.
The time is NOW for manufacturers to embrace smart technologies to ensure the future of their business. Manufacturing is evolving and it’s important that your business and strategies evolve too.