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.
Today’s job shops can distinguish themselves from competitors by adding deep hole drilling/gundrilling to their offerings. But complex, custom-built machines require more floor space and a bigger investment.
The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
Engineering information is both pervasive and essential within manufacturing plants. And, it changes constantly as a result of maintenance-related adjustments, alterations in plant processes, or the swap-out of components.
Much has been written about potential applications for 5G. But a less well known application exists in the aerospace and defense industry—that pertains to manufacturing processes.
Boeing Co., which had wanted to return the 737 Max to service this month, threw up the surrender flag on Dec. 16. The company said it will suspend 737 Max production in January.
Before harmonizing new technology onto the manufacturing floor, critical steps include determining the business problems to be solved and securing buy-in from all stakeholders, industry leaders said recently during an AeroDef conference panel talk on manufacturing production harmonization.
A job shop develops skilled CNC machinists and programmers, invests in world-class technology and refines manufacturing procedures in this shop solutions story.
FT Precision Uses CAD/CAM Software to increase engine part production.
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.