The long-time Mazak distributor will supply manufacturing equipment as TSM Group
The new material is aimed at streamlining production processes and ultimately reducing costs.
After supply chain shortages, executives point to public health crises and cyberattacks among leading concerns.
Women in Manufacturing (WiM) is adding 20 members to its board while WiM Education Foundation adds 21.
Arevo, which ceased operations in 2023, held an Intellectual Property estate which includes multiple patents in carbon fiber printing.
Laser micro-cutting can increase precision and enable contactless cutting for machines, leading to higher-quality products.
A site has yet to be chosen for Addionics’ first plant, which is expected to begin production in 2027.
The new facility is part of a planned $230 million investment in Ohio
The company estimates more than 600 jobs to be created at its Georgia plant.
The memo of understanding comes after years of collaboration between the companies.
