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, 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.
New collaboration to provide increased exposure of resources
The COVID-19 pandemic shut down the University of Detroit’s dental education programs in early 2020, and reopening them depended in part on securing adequate supplies of personal protective equipment (PPE) to keep the students safe.
CNC Software Inc. has announced that currently maintained Mastercam customers can now participate in the Public Beta Program for Mastercam 2022.
With the passage of the fiscal year 2021 Consolidated Appropriations Act at the end of 2020, MxD, the national digital manufacturing institute, secured $8.5 million in funding from the U.S. Department of Defense for 5G for manufacturing and cybersecurity for arsenal supply chains.
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.
In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
SME discussed with David Olson of Verisurf the growing importance of Model-Based Definition and the use of standard formats by small and medium sized manufacturers.
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.
