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EnvisionTEC CEO: 3D Printing Is About to Disrupt Plastics

EnvisionTEC CEO Al Siblani—whose firm is being purchased by Desktop Metal—discusses photopolymers’ move from prototyping to production. He gets into how he sees the sale will impact his company, as well as Desktop Metal and the 3D printing market in general. For the uninitiated, he also patiently explains how the 3d printing of polymers has progressed over the years. Last but not least, he details EnvisionTEC’s plans for growth—and asserts that the cost of 3D printing has reached a point where it is disrupting plastics.

EOS Introduces Scholarship Program

EOS said it has launched EOS Affirms, a new student scholarship program that aims to help minority groups and people of color pursue and complete STEM educational programs.

GM Profit Rebounds in Quarter

General Motors Co. said today its fourth-quarter profit rebounded from a year-earlier loss, fueled by results in its home North American market.

Manufacturing Forecast to Expand in 2021

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.

Caterpillar Profit Slips Due to Pandemic

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.

Desktop Metal to Acquire EnvisionTEC

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.

Fuji Introduces Multitasking Machine

Fuji Machine has introduced its GYROFLEX Ultimate Multitasking Machine. According to Fuji, the GYROFLEX offers the flexibility to meet a variety of production demands, from low production volume and parts prototyping to high-volume and high-mixed production.