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Machine tool orders surged in August on both a monthly and year-over-year basis, an indicator of the industry’s recovery from COVID-19.

Fast Radius Inc., a cloud manufacturing and digital supply chain company, and ECP Environmental Growth Opportunities Corp. have entered into a definitive agreement that will result in Fast Radius becoming a publicly-listed company.

Boeing Co. today reported a second-quarter profit as commercial aircraft deliveries soared compared with a year-earlier loss when COVID-19 hammered the aerospace industry.

Includes new functions for efficient electrical and automation design of industrial equipment

Ford Motor Co. today reported a second-quarter profit with the automaker’s finance unit making up for losses in its vehicle operations.

Industry 4.0 initiatives need to consider safety as well as other functions

To assist manufacturers on their Industry 4.0 journey, global engineering technologies company Renishaw has partnered with the Connecticut Center for Advanced Technology. Renishaw provided the center with industrial metrology and additive manufacturing equipment to help companies adopt new manufacturing strategies and accelerate implementation of new digital technologies.

Sandvik will acquire DWFritz Automation, a U.S.-based provider of precision metrology, inspection and assembly solutions for advanced manufacturing. DWFritz designs, builds and supports high-speed, non-contact metrology solutions and automation systems.

Recruiting, training and retaining manufacturing workers is a constant challenge. The skills gap is real and growing, but the manufacturing industry has several tools to deal with this challenge.

Machine tool orders soared in April from a year earlier, AMT – The Association for Manufacturing Technology said today.