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.
Survey: Quality Now Seen as Growth Driver April 16, 2020 According to a survey, companies are investing more in quality as a strategic business growth initiative that brings a significant return on investment.
IMTS Network Week Premiers September 14 – 18 September 11, 2020 On Monday, September 14, IMTS – The International Manufacturing Technology Show will launch IMTS Network, a new digital channel that will broadcast live on IMTS.com from 8 a.m. to 12 p.m. (CT) each day through September 18.
Secretary of the Air Force Unveils New “eSeries” Classification September 17, 2020 A new way of procuring systems, recognizing the Department’s digital future, and industry’s ability to deliver digital twins.
New Mazak VMC Eases Shops Into Full Five-Axis and Automation August 24, 2020 Shops that have always wanted full simultaneous five-axis machining capability but were afraid to take the plunge now have access to a recently developed vertical machining center from Mazak Corp. that the company says not only helps reduce the intimidation factor of full simultaneous five-axis machining, but also makes automation integration a whole lot easier.
Remotely Exploitable Industrial Control System Vulnerabilities on Rise August 19, 2020 New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
TRAK Machine Tools and New Century Careers Partnership Supports Post-COVID Recovery August 14, 2020 While businesses were in lockdown and people were quarantined at home during the COVID-19 pandemic, TRAK Machine Tools – Southwestern Industries Inc. and New Century Careers continued to forge a partnership that will benefit Pittsburgh’s regional manufacturing industry.
NCDMM Announces Organizational Restructuring August 14, 2020 The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
MFG 2020 to be Held April 1-5 in Fort Lauderdale February 20, 2020 The Association For Manufacturing Technology (AMT) has announced that The MFG Meeting will be held April 1-5, 2020 in Fort Lauderdale, Fla. at the Fort Lauderdale Marriott Harbor Beach Resort & Spa.
Absolute Machine Tools Grows Integrated Systems and Engineered Solutions Services February 21, 2020 Shrinking availability of skilled labor and continual cost-reduction pressures are magnifying the importance of manufacturing systems, services and integrated solutions, according to machine tool importer and distributor Absolute Machine Tools Inc., Lorain, Ohio.
