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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).

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.

CEO Jason Walker and part of his team at Waypoint Robotics had just returned from the Modex 2020 show in Atlanta when the governor of his company’s home state imposed a stay-at-home order because of COVID-19.

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

Long gone are the days where the only solution to human error was human correction. As engineers today, we have access to smart technology that no other generation could have ever imagined.

Promess Inc. has implemented a significant expansion of its manufacturing capabilities with the acquisition of a fully-equipped, 45,000 square foot facility in Brighton, Mich.

Siemens and Ingersoll Machine Tools said they have expanded a digital enterprise partnership.

Sandvik AB has signed an agreement to acquire CGTech, Irvine, Calif., a global developer of software for numerical control (NC/CNC) simulation, verification and optimization.

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

Supply chains are creating cybersecurity risks for companies, according to a security services firm report.