The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.
Alden Tool Co. expands its presence in medical tools via precision grinding.
The Institute for Supply Management issued an economic forecast calling for expansion for the rest of 2021.
Sure, grinding equipment itself is getting better— but so is all the technology surrounding it.
One of the annoyances of living in the suburbs is the incessant whine of gas-powered lawnmowers and leafblowers—particularly the latter.
3D Systems announced plans for acquisitions of two companies.
ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.
Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.
Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.
Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
