Manufacturing Loses Jobs in April on Auto Layoffs May 7, 2021 Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.
GM Quarterly Profit Surges May 5, 2021 General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.
Machine Tool Orders Surge in March, AMT Says May 10, 2021 Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.
ZEISS to Acquire Capture 3D May 11, 2021 ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.
Caterpillar Profit Improves in First Quarter April 29, 2021 Caterpillar Inc., the maker of heavy equipment, today reported an increased quarterly profit as sales improved and dealers boosted their stock of Cat machinery.
3D Systems Announces Two Acquisitions May 11, 2021 3D Systems announced plans for acquisitions of two companies.
Mno-Bmadsen Acquires Walerko Tool and Engineering March 18, 2021 Mno-Bmadsen has acquired Walerko Tool and Engineering Corp. through its manufacturing investment vehicle Mno-DREK.
Impossible Objects, Ricoh 3D to Produce Parts for European Customers March 30, 2021 A new partnership between Impossible Objects and Ricoh 3D will make strong and lightweight printed composite parts available to Ricoh 3D’s customers in Europe for the first time.
January 2021 US Cutting Tool Orders Down 3.2% from December 2020 March 23, 2021 January 2021 U.S. cutting tool consumption totaled $152.2 million, according to the U.S. Cutting Tool Institute and AMT – The Association for Manufacturing Technology.
Eaton Introduces Next-Generation Valves March 24, 2021 Power management company Eaton today announced its Vehicle Group has introduced its next-generation sodium-filled hollow-head valves, which improve fuel economy, reduce emissions and increase performance in gas-powered engines.