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.
Future Trends for Manufacturing January 25, 2021 The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
Model-Based Definition in the Tiers January 25, 2021 Can small and medium-sized manufacturers, Tier 2 or Tier 3 guys, use all-digital descriptions of part orders, dispensing with paper specifications and supplemental drawings to efficiently deliver parts?
FANUC, Rockwell Automation Form Coalition February 26, 2021 FANUC and Rockwell Automation formed a coalition to address skills gap issues with work and apprenticeship programs.
ESPRIT Debuts On-Demand Learning Center for Programmers January 19, 2021 ESPRIT, a developer of CAM software for CNC programming, optimization, and simulation, has released its on-demand training platform, ESPRIT Learning Center, to the general public.
Boeing Reports Record Loss January 27, 2021 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.
ARCH Global Precision Announces Acquisition January 15, 2021 ARCH Global Precision said it has acquired LISI Medical Jeropa Inc.
New Software for Remote Monitoring of Inspection Devices December 16, 2020 The new Metrology Gate portal from LK Metrology provides remote access to information of connected metrology devices
Lightning eMotors Introduces New Model December 16, 2020 Lightning eMotors, a provider of commercial electric vehicles for fleets, today announced the debut of a new model of its Class 3 Lightning Electric Transit Van.
Promess Adds Manufacturing Space to Meet Growing Product Demand December 16, 2020 Promess Inc. has implemented a significant expansion of its manufacturing capabilities with the acquisition of a fully-equipped, 45,000 square foot facility in Brighton, Mich.