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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.

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.

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.

Amatrol Joins LIFT as Member

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

Emily Rollins Joins Xometry Board

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.

Virtual VERICUT Users' Exchange VUE Events Slated

Each year, CGTech hosts VERICUT Users' Exchange (VUE) events for its customers around the globe. As a response to the ongoing COVID-19 pandemic, the North American VUE events will once again be held virtually in 2021.