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Where is Manufacturing Tech Headed in 2021?

Manufacturing technology is constantly changing, both in terms of the types of products produced and the ways those products are made. As we ease into 2021, here are some interesting trends I’ve heard about.

Cottonwood Expands Into Industrial Financing

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.

Boeing Reports Record Loss

Boeing Co. today reported a record annual loss of almost $12 billion as it dealt with the 737 Max crisis and a slump in demand for air travel.

Making Parts for Next-Gen Vehicles

Tesla and the march to all-electric cars and trucks may get most of the press. But the reality is that most U.S. automakers need to tackle the twin challenges of building both new components unique to electric vehicles while also building internal combustion engines (ICEs) that are ever-more fuel efficient.

Auto Industry Gets Back Into Gear Following COVID-19 Shutdown

The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.