AI Enters Inspections September 8, 2020 An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
NCDMM Announces Organizational Restructuring August 14, 2020 The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
Voith to Deliver Eight Electric Voith Schneider Propellers to Norwegian Shipping Company Østensjø July 1, 2020 Voith will deliver eight electric Voith Schneider Propellers (eVSP) to the Norwegian shipping company Østensjø, thus enabling resource-saving and energy-efficient operation of the four offshore wind supply vessels. The four ships will be built in Spain and are already equipped for the application of CO2-neutral hydrogen technology.
YCM Introduces “Aero” Series Double-Column Machining Center Targeted to Aerospace Industry June 19, 2020 YCM Technology (USA) Inc., Carson, Calif., has announced the introduction of the “AERO” Series of next-generation, high-performance double-column, multi-axis DCV2018A/B-5AX machining centers.
ESPRIT Announces Extended Support for Mazak Smooth Ai CNC June 30, 2020 ESPRIT by DP Technology has announced extended support for Mazak Smooth Ai CNC. ESPRIT produces machine-optimized, edit-free G-code programs, program optimization, and machine simulation for Mazak’s machine tools.
Vollmer of America Slates Open House for October March 27, 2020 Vollmer of America has announced an Open House Celebration for its new facility in Findlay Township, Pa., scheduled for Oct. 22-23. Vollmer broke ground on May 11, 2019 at the new site, near Pittsburgh International Airport.
Marposs Announces Axicheck Software March 31, 2020 A package for control and optimization of rotary axes performance.
Advanced Lasers Meet Diverse Needs of Tooling Group February 5, 2020 Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.
Manufacturing Returns to Expansion in January February 3, 2020 Manufacturing returned to economic expansion in January, helped by gains in new orders and production, the Institute for Supply Management said today.