Boeing Reports Record Loss January 27, 2021 Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.
ARCH Global Precision Announces Acquisition January 15, 2021 ARCH Global Precision said it has acquired LISI Medical Jeropa Inc.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Weymouth and Bial join Xometry Board of Directors October 14, 2020 Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
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).
FANUC, Rockwell Automation Form Coalition February 26, 2021 FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.
Where is Manufacturing Tech Headed in 2021? January 15, 2021 Manufacturing technology is constantly changing, both in terms of the types of products produced and the ways those products are made. As we ease into 2021, here are some interesting trends I’ve heard about.
Cottonwood Expands Into Industrial Financing February 22, 2021 Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.
Halter CNC Robotics Announces First US Scholarship for Veterans and Active U.S. Military February 25, 2021 Halter CNC Robotics, a CNC automation firm, announced it will be awarding a $2,500 scholarship to a U.S. veteran or active service member who wants to study manufacturing automation, engineering or robotics.
Durable Goods Orders Rise on Transportation February 25, 2021 New orders for durable goods rose 3.4 percent last month, paced by transportation equipment, the Commerce Department said today.