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.
The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
Engineering information is both pervasive and essential within manufacturing plants. And, it changes constantly as a result of maintenance-related adjustments, alterations in plant processes, or the swap-out of components.
Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.
FT Precision Uses CAD/CAM Software to increase engine part production.
3D Systems said Dr. Brent Stucker is joining the company to serve in the newly created role of Chief Scientist. Dr. Stucker was previously employed by Ansys Inc,
As hackers become more sophisticated and dangerous, manufacturers need to step up their cybersecurity efforts.
Digital twins are breathing life and innovation into increasingly more areas of manufacturing as well as solving challenges for machine shops of all sizes. With the skilled labor shortage and an ongoing effort to reshore high-tech manufacturing to the U.S., digital twins have a lot to offer.
How shops can reap all the benefits of their multi-tasking machines.
The manufacturing economy slowed in April as supply chain issues such as transportation of goods complicated operations, the Institute for Supply Management said today.