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The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

To support the production of yet another new Kentucky-designed and built line of machine tools, Mazak has expanded its Florence manufacturing campus with the addition of a new SYNCREX assembly plant.

In-Place Machining Co. said it has acquired East Coast Metrology LLC.

Machine tool orders fell in October on both a monthly and year-over-year basis, AMT – The Association for Manufacturing Technology said today.

MxD, the national digital manufacturing and cybersecurity institute, launched the MxD Learn Virtual Training Center (VTC) with the release of several new courses.

Decarbonizing aviation will require a vast, collective effort to develop and mature a range of capabilities and technologies. Given the urgency, incrementalism won’t cut it.

Harbour Results Inc. forecast that spending on automotive tooling in North America will reach $8.3 billion in 2025 from an estimated $5.7 billion in 2022.

Machine tool orders declined in September compared with a year earlier despite the return of the IMTS show after a four-year hiatus.

Manufacturing is confronting challenges to maintaining economic expansion, consulting firm Deloitte said in a report.

Manufacturing employment increased 32,000 jobs in October, with durable goods industries leading the way.