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Two main approaches exist with respect to product configuration: sales/marketing and engineering-focused strategies. The former has advantages, but could lead to gaps in what a customer is promised to what can be delivered.

Acieta LLC is the fourth acquisition by Angeles in the robotics integration sector.

The sales, marketing and service for Elliot Tool Technologies will be handled in-house by the manufacturer, leaving Monaghan open to focus solely on cutting tools.

In 2020, the ability for manufacturers to rapidly pivot to changing market demands and challenges became critical for success—and in many cases, survival.

3D Systems announced an expansion in Denver to support its health care solutions business and expand application development capabilities for its Application Innovation Group.

Mitsubishi Electric Corp. announced Project Emerald Dove, a premium in-vehicle cabin experience using the latest and most powerful computing platform.

Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.

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.

Manufacturing lost 18,000 jobs last month as temporary layoffs in the auto industry related to a computer chip shortage took hold, according to Bureau of Labor Statistics figures.

General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.