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3D Printing Company Adds Materials, Italian Firms

Desktop Metal Inc., the company founded in 2015 with no plan to produce a production-level printer, is now promoting 3D printing for high-volume serial production under its AM (additive manufacturing) 2.0 initiative.

DoE Announces $2.5 Billion Loan for Battery Plants

The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

Mazak Expands Kentucky Manufacturing Campus

To support the production of yet another new Kentucky-designed and built line of machine tools, Mazak has expanded its Florence manufacturing campus with the addition of a new SYNCREX assembly plant.

Machine Tool Orders Decline in October

Machine tool orders fell in October on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.