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GM Quarterly Profit Surges

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.

Siemens acquires TimeSeries

Siemens acquisition of TimeSeries to expand Xcelerator portfolio through development of industry-specific apps built on Mendix platform, help customers speed digital transformation through increased adoption of low-code

U.S. Cutting Tool Orders Rise on Monthly Basis in February

February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

Stratasys, DyeMansion Form Alliance

Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.

Group14 Technologies Announces U.S. Plant

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the launch of its first commercial-scale 27,000-square foot U.S. manufacturing factory.