Building a Future in Florida September 22, 2020 Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Weymouth and Bial join Xometry Board of Directors October 14, 2020 Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
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.
Gundrilling for Job Shops September 25, 2020 Today’s job shops can distinguish themselves from competitors by adding deep hole drilling/gundrilling to their offerings. But complex, custom-built machines require more floor space and a bigger investment.
Simplifying and Moving Beyond Five-Axis Machining December 15, 2020 Five-axis machining, once a novel and somewhat forbidding technology, has become routine in many shops. Meanwhile, some organizations are still hesitant to use it, largely due to programming concerns.
Machining Low- and Medium-Carbon Steel Alloys November 13, 2020 Low-carbon and medium-carbon steels form the backbone of virtually every shop’s operations in their general engineering applications and fabricated parts.
Manufacturing (Mostly) Bounces Back After COVID-19 November 17, 2020 Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.
Lightning eMotors Introduces New Model December 16, 2020 Lightning eMotors, a provider of commercial electric vehicles for fleets, today announced the debut of a new model of its Class 3 Lightning Electric Transit Van.
Machine Tool Orders Rise in October December 14, 2020 Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.