Promess Adds Manufacturing Space to Meet Growing Product Demand December 16, 2020 Promess Inc. has implemented a significant expansion of its manufacturing capabilities with the acquisition of a fully-equipped, 45,000 square foot facility in Brighton, Mich.
Machine Tool Orders Rise in October December 14, 2020 Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.
Manufacturing Adds 27,000 Jobs, Led by Motor Vehicles December 4, 2020 U.S. manufacturing added 27,000 jobs last month, buoyed by gains in motor vehicles and parts, the Labor Department said today.
Manufacturers May Turn to Digital to Recover From Pandemic December 9, 2020 Manufacturers may look to investing in digital technology as they seek to recover from the COVID-19 pandemic, consulting firm Deloitte said this week in a report.
Marposs Contributes to Award Winner December 4, 2020 Marposs said its Artis CTM Tool and Process Monitoring System has played a role in a 2020 Henry Ford Technology Award (HFTA) winning program focused on Torque Monitoring of Gear Machining Processes.
Desktop Metal, Uniformity Labs Announce Breakthrough March 11, 2021 Desktop Metal Inc. and Uniformity Labs, today announced a breakthrough powder that enables aluminum sintering for binder jetting AM technology.
Nexteer Expands Portfolio for EVs March 4, 2021 Nexteer Automotive said it is expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).
‘Rebalancing’ expands LIFT’s focus to include materials, processes and systems December 3, 2020 LIFT recently expanded the focus of its desire to “create innovations faster, better and cheaper” to the materials, processes and systems involved in moving innovations from concept to commercialization.
Caterpillar Profit Rises Despite Lower Revenue January 31, 2020 Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Industrial M&A Falls in 2019 January 27, 2020 Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
