NAM Survey Finds Use of PPP September 10, 2020 The National Association of Manufacturers said a quarterly survey shows strong use of liquidity programs like the Paycheck Protection Program and Main Street Lending Program.
Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 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.
Importance of Leak Testing September 9, 2020 Leak detection testing is growing in importance with the development of electric and self-driving vehicles.
AI Enters Inspections September 8, 2020 An Israeli company has developed new artificial intelligence technology that promises to dramatically change how original equipment manufacturers and their suppliers conduct quality control inspections.
Lapping the Competition September 4, 2020 The Don Schumacher Racing team tests the limits of machining to stay competitive.
How Manufacturers Can Navigate in a Crisis August 28, 2020 The manufacturing, automotive and energy sectors are currently battling tremendous challenges as they respond to the unfolding COVID-19 crisis globally.
The Italian trade show 32.BI-MU is scheduled for live participation from 14 to 17 October, 2020 August 27, 2020 Take a break from the virtual and go live at the 32nd edition of BI-MU. Over 550 companies have confirmed their presence at this Italian trade show for machine tools, robotics and automation in Milan, Italy.
A Playbook for Manufacturers Fighting COVID-19 August 26, 2020 When an unanticipated global crisis like the COVID-19 pandemic disrupts national economies in a domino-like effect, a rapid response is required to mitigate supply chain disruptions.
Transmission Manufacturer Upgrades QA, Partners with OEM on New Heavy-Duty CMM August 25, 2020 Lean thinking focuses on ways to add value without wasting resources. Benjamin Franklin captured the idea in “Poor Richard’s Almanack,” when he said, “He that idly loses five shillings worth of time, loses five shillings and might as prudently throw five shillings into the river.”
New Mazak VMC Eases Shops Into Full Five-Axis and Automation August 24, 2020 Shops that have always wanted full simultaneous five-axis machining capability but were afraid to take the plunge now have access to a recently developed vertical machining center from Mazak Corp. that the company says not only helps reduce the intimidation factor of full simultaneous five-axis machining, but also makes automation integration a whole lot easier.