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SME Announces Robert Willig as New CEO

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.

Stratasys Acquires RPS

Stratasys Ltd. said it has acquired U.K.-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions.

Manufacturing Jobs Drop in January

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.

Cottonwood Expands Into Industrial Financing

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.

YG-1 Introduces i-ONE Drill Inserts and Tool Steel Holders

The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.