Industry News

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.

Methods Machine Tools Inc. and Multiaxis LLC have announced an exclusive collaboration to bring Multiaxis Intelligence to market, an AI assistant designed to "streamline operations and revolutionize how manufacturers interact with technology in their daily workflows."

OPEN MIND Technologies, a developer of CAD/CAM software solutions, plans to demonstrate an additive manufacturing capability option in its hyperMILL CAD/CAM Software Suite at the Additive Manufacturing Users Group (AMUG) Exhibition.

The HEH Group announced via Facebook that it had partenered with Agile Robotic Systems to distribute its robotic solutions to customers in the Ohio, North Carolina, South Carolina, and Virginia.

Hexagon has acquired the 3D Systems' Geomagic suite of interoperable software packages, which are used to create high-quality 3D models from multiple sources, including laser scanning.

February 6 Event Offers Manufacturing Employers an Opportunity to Connect with Skilled Job Seekers

Royal Products announced Jan. 7 that it had received a recent investment from growth-oriented investor Heartwood Partners in partnership with the management who will continue to lead the company. This financial backing will position Royal for continued expansion and market leadership.

The metal cutting tools market was valued at $80.87 billion in 2023, and is expected to reach $113.04 billion by 2030, exhibiting a CAGR of 4.9 % during the forecast period (2024-2030), according to a new report from the research firm of Maximize Market Research Pvt. Ltd.

One method to solve manufacturing needs is to utilize fast, close tolerance, and flexible machine tools such as the GROB G550T 5-Axis Mill/ Turn Universal Machining Center and the G150 5-Axis Universal Machining Center.

Continuum Powders, a supplier of metal powders for advanced manufacturing, held a grand opening of its new global headquarters and environmentally friendly manufacturing facility in Houston, Texas.