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Caterpillar Inc., the Deerfield, Illinois-based maker of heavy equipment, today reported lower quarterly and full-year profit after sales were hit by the COVID-19 pandemic.

What products and components offer the biggest opportunities for reshoring? What advanced manufacturing technology is needed to enable the reshoring?  To what degree did the pandemic disrupt supply chains, and how did it affect sourcing?

Manufacturing should expand this year as the sector continues to recover from the COVID-19 pandemic, the Institute for Supply Management said today in a forecast.

Desktop Metal, Inc. said it agreed to acquire EnvisionTEC, a provider of volume production photopolymer 3D printing solutions for end-use parts, for total consideration of $300 million.

Thanks in part to its pro-business policies, strong workforce, and trade infrastructure, Florida ranks among the nation’s top 10 states for manufacturing.

LIFT announced that Amatrol, a manufacturing training company, has joined the manufacturing institute as a member.

Manufacturing growth accelerated in December fueled by new orders for products, the Institute for Supply Management said today.

Technical debt is not on your balance sheet, not addressed on your roadmap and often an afterthought, but ultimately can be the difference between executing swiftly and being paralyzed as you scale, grow and support your product(s).

Xometry announced the addition of Emily Rollins, a former Partner at Deloitte & Touche LLP, to the Company's Board of Directors. Rollins will serve as the Chair of Xometry's Audit Committee.

December 2020 U.S. cutting tool consumption totaled $157.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.