Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
Manufacturing (Mostly) Bounces Back After COVID-19 November 17, 2020 Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.
FABTECH Launches State of the Industry and Economic Outlook Webinar Series November 16, 2020 The producers of FABTECH have launched a three-part webinar series that includes an expert line-up of visionary speakers sharing insights and predictions for the economic future covering the impact of the current state of affairs; pre and post-election insights and predictions for the future.
Manufacturers Say Cybersecurity Threats Starting to Overwhelm Resources November 17, 2020 Most manufacturing executives participating in a survey said cybersecurity threats are beginning to overwhelm their resources.
IPG Photonics Launches LightWELD Handheld Laser Welding System November 17, 2020 IPG Photonics Corp. has launched LightWELD, a new handheld laser welding system. The LightWELD product line enables fabricators to benefit from the greater flexibility, precision and ease of use enabled by laser-based solutions over traditional welding products, according to IPG Photonics.
Remotely Exploitable Industrial Control System Vulnerabilities on Rise August 19, 2020 New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
Driving a New Normal December 18, 2020 2020 was certainly an unusual year—for SME, for our industry, and for the world. There is no question that these unusual times will carry over into 2021. Unusual does not necessarily mean bad; it just means different. Often hidden within those differences are opportunities.
Carbon Fiber Recycling Developing as an Industry December 14, 2020 Anyone who’s worked with wind turbine blades or just seen one up close can attest to the massive size of these clean-energy workhorses. Ever thought about what happens to that costly, high-tech material once the blade reaches the end of its lifespan in 20 years or so?
Kyocera to Build New R&D Center December 21, 2020 Kyocera Corp. said it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan.
Slow Auto Recovery Is Forecast December 17, 2020 The global auto industry will experience a slow recovery in 2021 from the COVID-19 pandemic, analysts at IHS Markit said today.
