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.
Kennametal Introduces Flat Bottom Geometry for KenTIP FS September 9, 2020 New replaceable drill tip saves tooling costs and eliminates process steps
Modular Quick-Change Systems Not Created Equal April 17, 2020 While the initial investment for a modular quick-change tooling system is higher than that of traditional toolholders, significantly improving the connection between spindles and tooling is well worth it.
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.
TITANS of CNC and Haimer USA Join Forces September 11, 2020 Haimer USA LLC has announced a new partnership with TITANS of CNC, an organization that uplifts students, educators and the manufacturing workforce in over 170 countries worldwide.
July U.S. Cutting Tool Orders Fall September 17, 2020 July U.S. cutting tool consumption fell bo both a monthly and a year-over-year basis, according to a monthly report.
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.
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
BIG Kaiser Celebrates 30 Years August 7, 2020 BIG Kaiser Precision Tooling Inc., Hoffman Estates, Illinois, a manufacturer of premium high-precision tooling systems and solutions for the metalworking industries, is celebrating its 30th anniversary.
