PRAB Introduces Auto-Take Up September 3, 2021 PRAB Inc. is introducing the Auto-Take Up System, a conveyor enhancement that automatically tightens belts and eliminates the need for manual adjustments.
Hardinge Acquires Ohio Tool Works September 1, 2021 Hardinge Inc. has acquired Ohio Tool Works, LLC. Hardinge said the deal will enhance its machine tool and workholding portfolio.
Kennametal Announces Executive Leadership Changes February 3, 2020 Kennametal Inc. has announced two changes to its executive leadership team. These leadership moves are designed to drive profitable growth and continue to advance the company's strategy and transformation, according to a Kennametal statement.
NSL Analytical Services Acquired by May River Capital January 17, 2020 NSL Analytical Services, an independent testing laboratory, said the company has been acquired by May River Capital, a Midwestern investment firm that says it builds businesses through partnership and collaboration.
Machine Tool Orders Slide in November January 13, 2020 The value of machine tool orders plunged in November as makers pared prices to cut inventory, according to a monthly report.
Boeing Posts Quarterly, Full-Year Loss on 737 Max January 29, 2020 Boeing Co. today reported a fourth-quarter loss and its first full-year loss since 1997 as the financial impact of the 737 Max crisis expanded.
Liebherr to Celebrate 50th Anniversary in the U.S. January 30, 2020 In 2020, Liebherr will be celebrating 50 years of manufacturing its products in North America. With its 50th anniversary theme “United by Success,” the manufacturer says it remains focused on its commitment to U.S. customers.
LIFT Receives $5 Million Department of Defense Grant To Expand “Operation Next” Across the Country November 12, 2019 LIFT – Lightweight Innovations For Tomorrow, announced today it received a $5 million grant to expand the program to nine additional military bases across the country over the next three years.
VeriTX Announces Licensing Agreement December 17, 2019 VeriTX Corp. announced today an agreement to license Moog Inc.’s VeriPart process which enables high integrity supply chain solutions.
AMRs Not Just New AGVs May 18, 2022 Autonomous mobile robots are more than automated material handling.