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Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.

Machine tool orders soared in April from a year earlier, AMT – The Association for Manufacturing Technology said today.

When expressions of performance are fully understood throughout the organization, everyone has the same chance to demonstrate their abilities regardless of a supervisor’s potential bias.

Bosch said it is moving forward with volume production of silicon carbide chips.

Power management company Eaton announced a $4.9 million award from the U.S. Department of Energy (DOE) to reduce the cost and complexity of deploying direct-current (DC) fast electric vehicle charging infrastructure (EVCI).

Sandvik Coromant’s Package Selector Application analyzes a 3D CAD model of a product and recommends the smallest packaging possible using an AI algorithm that calculates the product’s rotation.

The acquisition of CAD/CAM pioneer Mastercam by Sandvik Manufacturing Solutions will help further tooling developments.

While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.

Automakers will need more flexible manufacturing with the shift to electric vehicles, plug-in hybrids and other powertrains, automation company ABB said today in a presentation.

The CEO of the National Association of Manufacturers said that manufacturers "stand with members of Congress who intend to uphold their constitutional responsibility and vote to certify the Electoral College tallies that resulted from free, fair and legal elections in the states."