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.
New collaboration to provide increased exposure of resources
More than 70 years after the first CNC lathe, toolroom models are as useful as ever.
Two new models have now been added to Nikon Metrology's latest NEXIV S-range of CNC video measuring systems suitable for in-line, automated dimensional measurement tasks.
Too much inaccuracy in G-code post processing for Swiss-style machines is hurting manufacturers.
Trends and Ideas in Strategic Marketing
Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.
Shifts in microchip-making to aid automotive, medical
Desktop Metal Inc. agreed to acquire ExOne Co. in a transaction intended to accelerate 3D printing for mass production.