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.
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.
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.
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.
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.
Gages Step Up the Tech July 27, 2020 Sophisticated metrology equipment, like coordinate measuring machines (CMMs) and laser scanners, are increasingly seen outside quality labs. “Many companies have cut costs by moving inspection from the lab to the shop floor,” said Matteo Zoin, head of marketing and new market development for Marposs Corp., Auburn Hills, Mich.
New Tech Powers Grinding Ops July 31, 2020 Abrasive machining is a tried-and-true technology for meeting exacting tolerances and producing superior finishes. Manufacturers continue to develop new capabilities.
Mitutoyo America Expands Custom Solutions Offerings August 14, 2020 Mitutoyo America Corporation has expanded its Custom Solutions offerings. Mitutoyo will now offer “end-to-end solutions” for all its customers’ needs and have the ability to customize products and advanced technology for specific applications.
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.