Cottonwood Expands Into Industrial Financing February 22, 2021 Cottonwood Group, a Los Angeles private equity real estate investment firm, announced the firm’s expansion into the industrial sector with two transactions totaling $80 million in combined value.
Ways to Effectively Address Supply-Chain Risk Laid Bare by COVID-19 October 2, 2020 When the COVID-19 pandemic hit, many aerospace and defense manufacturers realized they were not resilient enough to withstand the resulting challenges in their supply chains.
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.
Building a Future in Florida September 22, 2020 Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.
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.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
UR Helps Tool Gauge Double Production of Components October 13, 2020 Tacoma, Washington-based Tool Gauge manufactures precision metal and plastic components and assemblies for the aerospace industry.
View Marketing as an Investment—Not an Expense September 29, 2020 Peter Drucker, known as the father of modern management, was quoted in a 2006 article in Forbes as saying, “Because the purpose of business is to create a customer, the business enterprise has two—and only two—basic functions: marketing and innovation. Marketing and innovation produce results; all the rest are costs.”
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.
Manufacturing (Mostly) Bounces Back After COVID-19 November 17, 2020 Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.