As the 2022 SME president, I hope to build on the successes of my predecessors with a particular emphasis on workforce development and especially the workforce itself.
Eaton said it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
Manufacturing’s economic expansion slowed in December, the Institute for Supply Management said today. The group also said the Omicron variant of COVID-19 likely will complicate manufacturing in early 2022.
Formlabs announced at CES the introduction of its Form 3+ and Ford 3B+ printers, which the company said are its fastest printers to date.
Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.
New orders for durable goods increased in November, paced by transportation equipment, the Commerce Department said.
GE Appliances, a Haier company, announced plans to invest more than $118 million to grow its cooking appliances business by expanding capacity and developing new cooking products at its wholly-owned subsidiary Roper Corp. in LaFayette, Ga.
Desktop Metal and the Korea Institute of Industrial Technology (KITECH) announced a partnership to accelerate the industrialization and adoption of additive manufacturing (AM) in South Korea.
As manufacturers embrace the “new normal,” advanced technologies will set organizations apart from the field.
