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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.

LIFT, Defense Department Sign Accord

LIFT, the Detroit-based Department of Defense manufacturing innovation institute, today announced it has signed a new Cooperative Agreement with the Department of Defense Manufacturing Technology (ManTech) Program to continue to operate the public-private partnership and national manufacturing innovation institute (MII) for the next five years.

Machine Tool Orders Rise on Monthly Basis

Machine tool orders advanced in March on a monthly basis and almost matched year-earlier levels, AMT – The Association for Manufacturing Technology said today.