Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
Tide Rock Holdings, a San Diego-based holding company, recently acquired Plastic Molding Technology, a full-service precision injection molding company located in El Paso, Texas.
Manufacturing added 26,000 jobs in December with durable goods sectors doing the heavy lifting.
The emergence of third-generation advanced high-strength steel, known as 3rd Gen AHSS, may have an impact on automotive manufacturing a trade group said.
Power management company Eaton announced a $4.9 million award from the U.S. Department of Energy (DOE) to reduce the cost and complexity of deploying direct-current (DC) fast electric vehicle charging infrastructure (EVCI).
Bosch said it is moving forward with volume production of silicon carbide chips.
Key steps are virtual twins and real relationships.
While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.
Automakers will need more flexible manufacturing with the shift to electric vehicles, plug-in hybrids and other powertrains, automation company ABB said today in a presentation.
3D Systems said Dr. Brent Stucker is joining the company to serve in the newly created role of Chief Scientist. Dr. Stucker was previously employed by Ansys Inc,
