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New orders for manufactured durable goods in May increased $5.7 billion (2.3 percent) to $253.3 billion. The increase followed a 0.8 percent April decrease.

Sandvik AB has agreed with Battery Ventures to acquire U.S.-based Cambrio, which has a portfolio in CAD/CAM software for manufacturing industries.

Machine tool orders rose in May both on a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.

Sarah O'Sullivan, accounting director at LeaseQuery, talked to SME Media about how accounting changes related to leases are affecting manufacturers.

In the AI world, fear is driven by unfamiliarity with the process, the professional impact of failure and the daunting tasks of pulling together all of the people and perspectives required just to get started. Here are three key lessons learned from our work with Rolls-Royce and Gulfstream that will clear your AI project for takeoff.

Feature-based Product Line Engineering refers to the engineering of a portfolio of related products using a shared set of engineering assets, a managed set of features, and an automated means of production.

RobbJack has named Michael MacArthur as the company’s new president.

New ERP solutions refute the software’s "complex and unwieldy" reputation.

Desktop Metal Inc. agreed to acquire ExOne Co. in a transaction intended to accelerate 3D printing for mass production.

In 2020, the ability for manufacturers to rapidly pivot to changing market demands and challenges became critical for success—and in many cases, survival.