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Cottonwood Expands Into Industrial Financing

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.

Boeing Reports Record Loss

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.

Future Trends for Manufacturing

The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.

YG-1 Introduces i-ONE Drill Inserts and Tool Steel Holders

The new i-ONE system of exchangeable micrograin carbide drill inserts and premium tool steel holders with coolant channels is based on coating advances and optimized designs for higher tool life and changeover speed, according to tool manufacturer YG-1.

GWS Tool Group Acquires Taurus Tool & Engineering

GWS Tool Group has acquired Taurus Tool & Engineering. Taurus, based in Batavia, Illinois. It is the first acquisition in 2021 for GWS Tool Group, following three previous acquisitions in 2020.