Report: M&A in Precision Manufacturing Industry Remains High September 21, 2020 Capstone Headwaters released its Precision Manufacturing Mergers & Acquisitions (M&A) Update Sept. 17, reporting that transaction activity in the precision manufacturing industry has remained strong despite the pandemic.
Modular Fixturing Helps Marine Propulsion Manufacturer Go Full Speed Ahead March 29, 2021 On paper, it should have been smooth sailing. When Fairbanks Morse installed a robotic welding cell at its Beloit, Wis. headquarters, the goal was to increase output of the massive marine propulsion systems they manufacture.
Eaton, Tenneco to Develop New System March 26, 2021 Power management company Eaton and Tenneco announced a joint development agreement between Eaton’s Vehicle Group and Tenneco’s Clean Air business group to produce an integrated exhaust thermal management system that will enable commercial truck and light vehicle manufacturers to meet upcoming emissions regulations.
George Hornig Named Chairman of the Xometry Board of Directors March 22, 2021 Xometry, a marketplace for on demand manufacturing, has announced that George Hornig will serve as the company's first Chairman of the Board.
Executive Discusses AI's Impact on Workers October 14, 2020 The CEO of an artificial intelligence company discusses how AI affects workers and how AI can be deployed well.
August 2020 U.S. Cutting Tool Orders Down 0.2% from July 2020 October 21, 2020 August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Neurala Announces Strategic Partnership with IMA Group October 20, 2020 Vision AI software company Neurala announced a new strategic partnership with global manufacturing leader IMA Group.
GWS Tool Group Acquires STF Precision October 26, 2020 GWS Tool Group acquiring STF Precision marks GWS’ third add-on acquisition in 2020.
To Retain Young Workers, Change Workplace Norms January 4, 2021 This article is based on the Workforce Leadership Exchange at FABTECH 2019. It continues coverage that began with the Up Front column in ME, January 2020, page 6, and continued with “Workforce Pipeline” on pages 102-103 of the April issue and “Workforce Pipeline” on pages 86-87 of the October issue.
Manufacturing Expansion Accelerates in December January 5, 2021 Manufacturing growth accelerated in December fueled by new orders for products, the Institute for Supply Management said today.