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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).

Mazak Optonics has confirmed expansion plans for its North American headquarters in Illinois.

February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.

In October, in the middle of the coronavirus pandemic, a smaller machine shop in Wisconsin needed a robot to deburr parts—and fast.

The aerospace industry is setting itself up for a massive conjunction of need for industrial capacity to produce parts in the near future.

Manufacturing Engineering: What are some of the latest trends in simulation software for manufacturing? Uwe Schramm, CTO, solvers, optimization and multi-physics, Altair Engineering Inc., Troy, Mich.: I see three trends here. First, manufacturing sim

COVID-19 has taught manufacturers a valuable lesson: when humans fall ill, machine tools and equipment sit idle. Granted, they already knew it, just as they knew that employees take lunch breaks and vacations, arrive late because their car won’t start, and go work at the shop down the street for fifty cents more an hour.

Manufacturing engineers, information technologists, and “smart” robots in flexible manufacturing cells are working ever more closely in manufacturing companies around the world.

CNC Software Inc., developer of the Mastercam CAD/CAM software platform, has announced that its U.S. industrial channel will now also serve its educational customers throughout the country.

Absolute Machine Tools has earned the title of Diamond Partner Systems Integrator from Mitsubishi Electric Automation Inc. The partnership is expected to expand opportunities in robotics and automation for 0020both companies.