Two Companies Win 2020 National Metalworking Reshoring Award October 9, 2020 Die-Tech & Engineering and Trenton Forging Co. (TFC) received the 2020 National Metalworking Reshoring Award in recognition of their success in bringing manufacturing back to the United States.
Shyft Group Acquires F3 MFG October 6, 2020 Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.
Investment Banking Practice Aimed at Robotics, Automation, AI Launched October 15, 2020 Cascadia Capital said it is launching one of the nation’s first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI).
Mazak Optonics Expands N. American Headquarters October 7, 2020 Mazak Optonics has confirmed expansion plans for its North American headquarters in Illinois.
Xometry Announces $75 Million Equity Round Led by T. Rowe Price Funds September 10, 2020 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.
Manufacturing (Mostly) Bounces Back After COVID-19 November 17, 2020 Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.
FABTECH Launches State of the Industry and Economic Outlook Webinar Series November 16, 2020 The producers of FABTECH have launched a three-part webinar series that includes an expert line-up of visionary speakers sharing insights and predictions for the economic future covering the impact of the current state of affairs; pre and post-election insights and predictions for the future.
Manufacturers Say Cybersecurity Threats Starting to Overwhelm Resources November 17, 2020 Most manufacturing executives participating in a survey said cybersecurity threats are beginning to overwhelm their resources.
IPG Photonics Launches LightWELD Handheld Laser Welding System November 17, 2020 IPG Photonics Corp. has launched LightWELD, a new handheld laser welding system. The LightWELD product line enables fabricators to benefit from the greater flexibility, precision and ease of use enabled by laser-based solutions over traditional welding products, according to IPG Photonics.
Remotely Exploitable Industrial Control System Vulnerabilities on Rise August 19, 2020 New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure