AEI hopes the manufacturing plant will serve as an aerospace center of excellence and anchor for industry innovation.
Schott will add a production facility to its plant in Malaysia as it expands its partnership with Lumus.
Acieta LLC is the fourth acquisition by Angeles in the robotics integration sector.
The 135,000 square-feet expansion project will add 200 new jobs to its United States headquarters and manufacturing facility in Ohio, the company says.
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Tight budgets are the norm for small companies in the laser-cutting industry, so finding ways to save money and accelerate ROI is critical.
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The sales, marketing and service for Elliot Tool Technologies will be handled in-house by the manufacturer, leaving Monaghan open to focus solely on cutting tools.