Two Companies Win 2020 National Metalworking Reshoring Award October 9, 2020 Die-Tech & Engineering and Trenton Forging Co. (TFC) received the 2020 National Metalworking Reshoring Award in recognition of their success in bringing manufacturing back to the United States.
Shyft Group Acquires F3 MFG October 6, 2020 Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.
Investment Banking Practice Aimed at Robotics, Automation, AI Launched October 15, 2020 Cascadia Capital said it is launching one of the nation’s first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI).
Ways to Effectively Address Supply-Chain Risk Laid Bare by COVID-19 October 2, 2020 When the COVID-19 pandemic hit, many aerospace and defense manufacturers realized they were not resilient enough to withstand the resulting challenges in their supply chains.
3D Systems Announces Expansion May 4, 2021 3D Systems announced an expansion in Denver to support its health care solutions business and expand application development capabilities for its Application Innovation Group.
Mitsubishi Electric Shows Advanced Tech in Demonstration Vehicle May 6, 2021 Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.
Stratasys, DyeMansion Form Alliance May 3, 2021 Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.
U.S. Cutting Tool Orders Rise on Monthly Basis in February May 5, 2021 February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Manufacturing Loses Jobs in April on Auto Layoffs May 7, 2021 Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.
GM Quarterly Profit Surges May 5, 2021 General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.
