Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
The Growing Importance of MBD October 27, 2020 SME discussed with David Olson of Verisurf the growing importance of Model-Based Definition and the use of standard formats by small and medium sized manufacturers.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Stratasys moving beyond tooling October 27, 2020 Rich, General Motors recently invested in 17 production-grade FDM printers, intending to use them for 3D-printed tooling. The term “tooling” is quite broad, however. Can you share details about what types of tooling GM and others are 3D printing, and why?
As process optimization grows up, it leads some big rescue missions October 22, 2020 Until 2017, Schneider Electric faced a factory bottleneck at its breaker box plant in Lexington, Kentucky. When the automation cell that welded the boxes went down, all production could be forced to stop.
ROKiT MADE to Build Largest e-Bike Factory in the United States October 19, 2020 ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Investment Banking Practice Aimed at Robotics, Automation, AI Launched October 15, 2020 Cascadia Capital said it is launching one of the nation’s first emerging growth investment banking practice groups dedicated to Robotics, Automation, and Artificial Intelligence (RAAI).
Weymouth and Bial join Xometry Board of Directors October 14, 2020 Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
Two Companies Win 2020 National Metalworking Reshoring Award October 9, 2020 Die-Tech & Engineering and Trenton Forging Co. (TFC) received the 2020 National Metalworking Reshoring Award in recognition of their success in bringing manufacturing back to the United States.
Mazak Optonics Expands N. American Headquarters October 7, 2020 Mazak Optonics has confirmed expansion plans for its North American headquarters in Illinois.
