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.
Fastems Launches Version 8 of its Manufacturing Management Software December 16, 2021 Fastems said it is introducing Version 8 of its Manufacturing Management Software.
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.
Xometry Acquires Thomas December 8, 2021 Xometry today announced the acquisition of Thomas (Thomasnet.com), a leader in product sourcing, supplier selection, and digital marketing solutions.
Platinum Tooling President Celebrates Four Generations and 100 Years in Metal Cutting December 6, 2021 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.
September U.S. Cutting Tool Orders Up 10.7% From September 2020 December 3, 2021 September 2021 U.S. cutting tool consumption totaled $163.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.