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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.

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.

Eaton to Develop Gearing for EVs

Power management company Eaton today announced its Vehicle Group is developing gearing solutions for electrified vehicles (EVs).

ExOne Receives U.S. Contract

Additive manufacturing company ExOne Co. has been awarded a U.S. Department of Defense contract to develop a fully operational, self-contained 3D printing “factory” housed in a shipping container.

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 Surges in February

Manufacturing hit the accelerator in February, with new orders, production and employment all contributing to a strengthening economy, the Institute for Supply Management said today.