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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, 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 and the Korea Institute of Industrial Technology (KITECH) announced a partnership to accelerate the industrialization and adoption of additive manufacturing (AM) in South Korea.

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.

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 soared compared with a year earlier, AMT – The Association for Manufacturing Technology said today.

Mary Barra, CEO of General Motors Co., used an appearance to reflect on her tenure and to play up the automaker's prospects.

Xometry today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection, and digital marketing solutions.

Greenleaf Corporation introduced its carbide insert grade G-9610 for higher material removal rate and longer tool life.

In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.