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SMW Autoblok Acquires Tecnomagnete

SMW Autoblok Group, a provider of industrial workholding solutions, has acquired Tecnomagnete, the world’s leading manufacturer of permanent electromagnetic clamping and lifting systems.

Machine Tool Orders Surge in August

Machine tool orders surged in August on both a monthly and year-over-year basis, an indicator of the industry’s recovery from COVID-19.

Desktop Metal Opens New Manufacturing Facility

Desktop Metal today announced the opening of a new in-house manufacturing facility that will more than triple the final assembly space currently dedicated to the Production System platform.