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.
The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
The institutes that make up Manufacturing USA need to move at the speed of business, considering that the endeavor represents the U.S. government’s biggest investment in the digitization of manufacturing to date.
Manufacturers who have deployed the digital or smart factory have put down their pencils, found new uses for their clipboards and closed their spreadsheet programs in favor of using real-time data gleaned from condition monitoring of their machinery.
SHANGHAI—The $150 million “factory of the future” that the Swiss innovator ABB announced nearly a year ago is becoming reality in this enormous city’s Pudong New Area.
Information technology and operations technology are unlikely candidates for a successful marriage. But to ensure that manufacturers thrive in the digital age, OT and IT must find ways to work together—or to at least, as on Tinder, swipe right to indicate interest.
I experienced the end of the Third Industrial Revolution as I began my career in manufacturing. Closed government and private networks gave way to an open network called the Internet.
Auto suppliers regroup to position themselves for the future in the wake of myriad disruptions.
Vollmer of America completed its move into a new 30,000-square-foot facility near Pittsburgh International Airport in June of 2020 and participated in the Las Vegas AWFS Fair in July this year.
In the AI world, fear is driven by unfamiliarity with the process, the professional impact of failure and the daunting tasks of pulling together all of the people and perspectives required just to get started. Here are three key lessons learned from our work with Rolls-Royce and Gulfstream that will clear your AI project for takeoff.
