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.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 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 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.
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.
Trust and Truth: How Blockchain is Forming the Foundation of the Next Manufacturing Renaissance February 6, 2020 Amid predictions of global economic slowdowns and several recent PMI readings indicating manufacturing contraction, it becomes easy to see how slow production performance and data inefficiencies throughout the manufacturing supply chain contribute to economic uncertainty and concerns for future business.
Connecting the Dots in Manufacturing July 28, 2020 Before Industry 4.0, it didn’t matter that the CAM software didn’t talk to the ERP system, or that the CNC machine tools were mute. Islands of information were acceptable back then.
Machines Italia 2020 Magazine to be Published July 28, 2020 The Italian Trade Agency via its North American Offices is producing a 2020,Volume XIII edition of its Machines Italia magazine, highlighting solutions provided by Italian companies to a North American audience.
LIFT Receives $1M to Retrain Manufacturing Workers in Response to COVID-19 July 8, 2020 Detroit-based LIFT said it has received $1 milion to retrain civilian manufacturing workers affected by the COVID-19 pandemic.
Mastercam and Edge Factor Partnership Provides Free Experiences to Inspire the Future Workforce December 21, 2020 In 2021, Mastercam is partnering with Edge Factor to equip organizations across North America
SME Announces Robert Willig as New CEO December 8, 2020 SME, the professional association committed to advancing manufacturing and developing a skilled workforce, today announced that Robert “Bob“ Willig has been named as its executive director and CEO. His employment with SME will commence on Jan. 1.