U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 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.
A Conversation with SME CEO Bob Willig March 15, 2021 Looking back, 2020 was a year of challenge and change for manufacturing—and that’s an understatement.
Ford Posts Quarterly Profit After Year-Earlier Loss April 28, 2021 Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.
Verisurf Names Business Development Manager April 13, 2021 Verisurf Software said it appointed Tara Mitchell as business development manager for the Americas.
Durable Goods Orders Fall, Dragged Down by Transportation May 27, 2021 Durable goods orders declined in April, dragged down by orders for transportation equipment, the U.S. Commerce Department said today in a monthly report.
Stratasys Acquires RPS February 18, 2021 Stratasys Ltd. said it has acquired U.K.-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions.
Nexteer Expands Portfolio for EVs March 4, 2021 Nexteer Automotive said it is expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).
Cottonwood Expands Into Industrial Financing February 22, 2021 Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.
Manufacturing Jobs Drop in January February 5, 2021 Manufacturing employment declined by 10,000 jobs last month and results were even worse in durable goods industries, the U.S. Bureau of Labor Statistics said today.
FANUC, Rockwell Automation Form Coalition February 26, 2021 FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.