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.
Today’s job shops can distinguish themselves from competitors by adding deep hole drilling/gundrilling to their offerings. But complex, custom-built machines require more floor space and a bigger investment.
Horn Technology Days, hosted by Paul Horn GmbH every two years, is a celebration of manufacturing and what is possible with modern cutting tool technology. This year’s event coincided with the company's 50 year anniversary and featured three days of technical sessions, factory tours and practical demonstrations of the company’s manufacturing products.
In my capacity as the Chair of the Council of the Manufacturing USA institute directors, I often get asked about trends in U.S. advanced manufacturing.
GF Machining Solutions and GF Piping Systems are further enhancing their direct sales and service support to customers in Mexico with the construction of a new Nuevo Leon joint headquarters. In late October, the companies conducted a groundbreaking ceremony for the 75,000-square-foot facility.
Milltronics USA has named Foothills Machinery Sales as its exclusive full-service distributor for the states of Colorado and New Mexico.
This is a digest of news items focusing on how manufacturers are aiding the global response to the COVID-19 pandemic.
As one of the oldest and most prestigious research-lead universities in Europe, KU Leuven is an institution that is always seeking to innovate and stay on top of the latest trends and technologies. When it comes to manufacturing, the institution is an advocate of additive processes and dedicates a research group to the technology.
General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
In a broad-ranging display of high-precision manufacturing proficiencies, Murata Machinery USA demonstrated its turning, fiber laser, punch press and automated storage technologies Sept. 18-20 at its biennial North American technology showcase.