Stratasys Acquires RPS February 18, 2021 Stratasys Ltd. said it has acquired U.K.-based RP Support Ltd. (RPS), a provider of industrial stereolithography 3D printers and solutions.
December 2020 US Cutting Tool Orders Up 4% from November 2020 February 17, 2021 December 2020 U.S. cutting tool consumption totaled $157.3 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Emily Rollins Joins Xometry Board February 18, 2021 Xometry announced the addition of Emily Rollins, a former Partner at Deloitte & Touche LLP, to the Company's Board of Directors. Rollins will serve as the Chair of Xometry's Audit Committee.
Manufacturing Jobs Drop in January February 5, 2021 Manufacturing employment declined by 10,000 jobs last month and results were even worse in durable goods industries, the U.S. Bureau of Labor Statistics said today.
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.
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.
Formlabs Introduces New Printers January 4, 2022 Formlabs announced at CES the introduction of its Form 3+ and Ford 3B+ printers, which the company said are its fastest printers to date.
Methods Completes Acquisition of Koch January 4, 2022 Methods Machine Tools Inc. said it completed its acquisition of Texas-based Koch Machine Tool.
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.
Waev Completes Purchase of GEM, Taylor-Dunn January 3, 2022 Waev Inc. has purchased the GEM and Taylor-Dunn businesses from Polaris Inc. in a management buyout completed Dec. 31. Terms were not disclosed.
