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.
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.
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.
Fastems to Deliver a Laser Cleaner Robot for F-35 Lightning II Wing Assembly Line December 18, 2020 Fastems is delivering two Automated Structure Laser Cleaner (AutoSLC) units for the F-35 Lightning II Wing Line.
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.
Machine Tool Orders Rise in October December 14, 2020 Machine tool orders rose in October on a monthly basis, helped by industries including automotive and rail, AMT – The Association for Manufacturing Technology said today.
Kyocera to Build New R&D Center December 21, 2020 Kyocera Corp. said it will begin construction of a new research and development center in January 2021 at its Kokubu campus in Kirishima City, Kagoshima, Japan.
