Industry News

Mazak will highlight its extensive range of machine tool technology and automation that boosts job shop production and profitability during its three-day DISCOVER MORE WITH MAZAK event May 6 – 8, at its Midwest Technology Center in Schaumburg, Illinois.

Boeing plans to expand its operations in Charleston County, South Carolina. The company plans to invest $1 billion in infrastructure upgrades at its existing site and create 500 new jobs over the next five years.

The Humanoid Robot Market Size was valued at $2.21 billion in 2023 and is expected to reach $76.97 billion by 2032 and grow at a CAGR of 48.36% over the forecast period 2024-2032.

Vollmer, daughter of company founder Heinrich Vollmer, was an integral member of the company's management team who also founded the Sieglinde Vollmer Foundation

Dillon Manufacturing, a manufacturer of chuck jaws, collets and collet pads, and other standard and custom work holding devices, will feature their soft jaws with easy location features at Eastec.

Sandvik has acquired ShopWare, MCAM Northwest and the CAD/CAM solutions business line of OptiPro Systems, three US-based resellers of Computer Aided Manufacturing (CAM) solutions in the Mastercam network.

Canerector has acquired Promac Industries Inc., a move that the company says strengthens its machining capabilities, particularly in the energy services sector.

Star SU, the marketing, sales and service affiliate of Star Cutter Company, has announced the appointment of Richard Rickert as its round tool product manager.

Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders (USMTO) report published by AMT – The Association For Manufacturing Technology, totaled $448.8 million in November 2024.

The Reshoring Initiative, in collaboration with Regions Recruiting, today announced the launch of an industry-wide survey examining what is factoring into manufacturers' decisions on whether to reshore factories and supply chains, according to a news release issued by both parties. This research comes at a critical time as the U.S. rebuilds its hollowed-out manufacturing base.

Seco is taking steps toward a sustainable future, leveraging Life Cycle Assessments (LCA) to meet ambitious sustainability goals as well as supporting customers in making environmentally conscious decisions.