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.
New Tech Powers Grinding Ops July 31, 2020 Abrasive machining is a tried-and-true technology for meeting exacting tolerances and producing superior finishes. Manufacturers continue to develop new capabilities.
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.
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.
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.
Five Technologies That Can Transform Manufacturing May 28, 2020 The pace of technology today is rapid, with the potential to transform manufacturing. Digitization, automation, and connectivity are opening many new doors on the production floor.
GM Quarterly Profit Falls Amid COVID-19 May 6, 2020 General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
Carbide Shop Grows with Advanced Grinding Technology August 27, 2020 To advance means to move forward or expand. In that case, Advanced Carbide Grinding Inc., Derry, Pa., is certainly true to its name. Since the shop’s start in 1999, continuous growth and a commitment to producing the highest-precision quality parts have driven, and continue to drive its success.
Reshoring Operations in the Age of COVID-19: Part Two November 5, 2020 In March 2020, the World Health Organization (WHO) officially declared the novel coronavirus (COVID-19) outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic (North American-based) brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
