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Toyota Donates $5M to American Center for Mobility

Toyota Motor North America (TMNA) and the Toyota Research Institute (TRI) announced today their intent to support the American Center for Mobility (ACM) as a Founder-level sponsor with a $5 million contribution.

Machine Tool Orders Rise in May, AMT Says

Machine tool orders rose in May as the industry recovers from a two-year slump, the Association for Manufacturing Technology (McLean, VA) said in a monthly report.

Northrop Grumman Lands $9.6-M Navy Torpedo Contract

The U.S. Navy has awarded Northrop Grumman Corporation (NYSE: NOC) a $9.6 million contract, with options up to $40.5 million, to produce the Transducer Array/Nose Shell Assembly of the MK 48 heavyweight torpedo.

Hexagon Manufacturing Intelligence Advances Convergence

Consolidation along the Digital Thread seems to be all the rage among companies today, including Hexagon Manufacturing Intelligence. While acquiring technologies outside its core metrology might make sense as a business, is there advantage technically in adding CAE and CAD/CAM?