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Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.

Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.

New orders for durable goods rose 3.4 percent last month, paced by transportation equipment, the Commerce Department said today.

In competitiveness studies for economic development projects, a strong workforce is always one of the leading factors for a project win. A talented workforce is also necessary when a company is evaluating expansion opportunities.

While FABTECH 2020 was cancelled due to the COVID-19 pandemic, plans are underway to bring FABTECH 2021 to Chicago in 2021. That means North America’s largest metal forming, fabricating, welding and finishing event will be heading to McCormick Place Sept. 13-16, 2021.

Manufacturing expanded in October as new orders, production and employment all improved, the Institute for Supply Management said today.

Machine tool orders gained in September as manufacturing recovered from a severe recession.

3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.

General Motors Co. today reported a third-quarter earnings recovery on sales of high-profit trucks.

In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.