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The U.S. has not been competitive, so companies sourced offshore to meet consumer and industrial demand for low-priced goods. Fortunately, however, a positive localization trend since 2010 indicates an increasing rate of reshoring by U.S. companies and foreign direct investment by foreign companies.

3D Systems announced the addition of four new high-performance, production-capable resins to its Figure 4 portfolio designed specifically for both batch-run, end-use part manufacturing, and prototyping applications.

3D Systems said it agreed to sell its On Demand Manufacturing Business.

Automating job shops is accelerating, driven by the combined influence of Industry 4.0, the continued shortage of skilled manufacturing labor and the COVID pandemic.

The longstanding trend toward manufacturing automation has understandably been accelerated by the COVID-19 pandemic.

Automating machining operations is at the top of the list of goals for most manufacturers, as needs and capital expenditure budgets allow.

General Motors dropped a fuel bomb on the auto industry at the end of January. Specifically, it said the fuel of the future for many of its vehicles will be electricity, not gasoline. For an iconic company like GM, that news is beyond big.

Group14 Technologies, a global provider of silicon-carbon composite materials for lithium-ion markets, announced the launch of its first commercial-scale 27,000-square foot U.S. manufacturing factory.

Boeing Co.'s CEO got a vote of confidence when the board of the aircraft maker extended his retirement age.

Boeing said its Board of Directors has extended the company's age-65 standard retirement to age 70 for CEO David L. Calhoun. Calhoun, 64, has been the company's chief since January 2020.