Shyft Group Acquires F3 MFG October 6, 2020 Shyft Group, Inc. said it F3 MFG Inc. (“F3”), an aluminum truck body and accessory manufacturer.
CAD/CAM Software Works to Transform Royell’s Capabilities October 15, 2020 Teenaged Jamie Yelle daydreamed as he pushed a broom across the floor of his father’s machine shop. As he cleared a path through aluminum chips, filings, and scraps of metal around the machinery, he imagined what the company would look like if he were at the helm.
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.
Kennametal Introduces Flat Bottom Geometry for KenTIP FS September 9, 2020 New replaceable drill tip saves tooling costs and eliminates process steps
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.
Shrink-Fit Technology Enhances Shop’s ROI November 25, 2020 Raym-Co Inc., located in Farmington, Conn., is a job shop with a 37,000 ft2 (3,065 m2) facility and approximately 60 CNC machines.
Expanding Beyond Legacy Tapping Products November 16, 2020 Now on its third generation of family ownership, Tapmatic Corp. of Post Falls, Idaho, continues to thrive, and surprise.
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.
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
Choose Digital, Choose the Right Drill January 11, 2021 The Industry 4.0 & Smart Manufacturing Adoption Report by IoT Analytics suggests that Industry 4.0 technology uptake is still low among manufacturers.