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.
Trends and Ideas in Strategic Marketing
IMCO Carbide Tool has launched a new series of endmills for extreme tool paths in aluminum alloys and provide superior surface finishes in aerospace industry applications.
Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.
Shifts in microchip-making to aid automotive, medical
Desktop Metal Inc. agreed to acquire ExOne Co. in a transaction intended to accelerate 3D printing for mass production.
Machine tool orders soared in April from a year earlier, AMT – The Association for Manufacturing Technology said today.
The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
Sudhi Bangalore, chief technology officer for global operations at the tool giant Stanley Black & Decker, champions the global movement toward smart manufacturing.
