Eaton Acquires Royal Power Solutions January 6, 2022 Eaton said it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets.
Methods Completes Acquisition of Koch January 4, 2022 Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
Formlabs Introduces New Printers January 4, 2022 Formlabs announced at CES the introduction of its Form 3+ and Ford 3B+ printers, which the company said are its fastest printers to date.
Waev Completes Purchase of GEM, Taylor-Dunn January 3, 2022 Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.
GE Appliances Invests $118M in Georgia Plant December 21, 2021 GE Appliances, a Haier company, announced plans to invest more than $118 million to grow its cooking appliances business by expanding capacity and developing new cooking products at its wholly-owned subsidiary Roper Corp. in LaFayette, Ga.
Desktop Metal Announces Partnership December 21, 2021 Desktop Metal and the Korea Institute of Industrial Technology (KITECH) announced a partnership to accelerate the industrialization and adoption of additive manufacturing (AM) in South Korea.
Chip Shortage, COVID to Slow Auto Recovery, IHS Markit Says December 16, 2021 The continuing computer chip shortage and the ongoing COVID-19 pandemic will slow down the auto industry’s recovery, forecasting company IHS Markit said in a presentation today.
Eaton Receives DOE Award December 14, 2021 Power management company Eaton announced a $4.9 million award from the U.S. Department of Energy (DOE) to reduce the cost and complexity of deploying direct-current (DC) fast electric vehicle charging infrastructure (EVCI).
Machine Tool Orders in October Surge Compared With 2020 December 13, 2021 Machine tool orders in October soared compared with a year earlier, AMT – The Association for Manufacturing Technology said today.
GM Chief Reflects on Industry Changes During Her Tenure December 10, 2021 Mary Barra, CEO of General Motors Co., used an appearance to reflect on her tenure and to play up the automaker's prospects.
