Industry News

The global carbon steel market size is anticipated to reach $1.2 trillion by 2030 at a CAGR of 3.72%, according to a new report.

The Low-Speed Electric Vehicle Market Forecast and Global Analysis to 2030 report found that the market is expected to grow from $5.52 billion in 2022 to $8.48 billion by 2030; and is anticipated to grow at a CAGR of 5.5% from 2022 to 2030.

The Global Industrial Cleaning Solvents Market is estimated to grow from $1.1 billion in 2022 to $1.4 billion by 2028, at a CAGR of 4.3%, as per the recent study by MarketsandMarkets. The demand for industrial cleaning solvents increased due to speedy industrial development, increased demand by end-use industries, and hygiene initiatives at a place of work.

Experienced executive Susy Dunn joins Resilinc’s leadership team to further accelerate organizational growth.

Nick Plourde has been promoted to fabrication division project specialist at MC Machinery Systems in Elk Grove Village, Ill.

The global CNG compressors market size was valued at $3.46 billion in 2023 and is projected to grow to $5.92 billion by 2030, exhibiting a CAGR of 8% during the forecast period (2022-2030).

Star SU, the marketing, sales and service affiliate of Star Cutter Company, has appointed  Bart Trublowski as its new service manager and project coordinator.

Airbus Helicopters uses TRUMPF 3D-printing machines to mass-produce aircraft components, which enables lightweight construction and helps save fuel.

Dormer Pramet is offering free e-learnings on a wide variety of machining tools to provide expert knowledge and wisdom to customers world-wide.

The real time production monitoring market is projected to be worth $5.13 billion in 2022 and is poised to reach $12.56 billion by 2030, growing at a CAGR of 11.8% from 2022 to 2030.

A California-based manufacturer of precision aerospace bushings has installed a new inspection system to achieve 100 percent inspection of its parts.

Manufacturing is one of the top industries targeted by cyberattacks, but there are specific steps that companies can take to reduce the risk of these attacks, according to a new white paper.

Tooling Tech Group (TTG), a provider of engineered tools and automated assembly equipment to a wide range of industries, has appointed Doug Jack to president, Die Cast Division, consisting of the company’s G.H. Tool & Mold brand,

Under the surface of intricate 3D-printed objects lies a critical aspect that often goes unnoticed: density. Find out why it is significant.

Ceratizit welcomes Justin Vititoe as an Application Engineer with an operating base in Tennessee. Vititoe's 24 years of industry experience includes a focus on all aspects of CNC programming.

Based in Detroit, Michigan, ARCH Cutting Tools provides an experienced team of application specialists and custom tooling designers, who provide customers with a line of standard cutting tools and custom tooling. 

The new brand identity reflects a commitment to innovation and sustainable progress. Integral to the new identity is a mindset called manufacturing wellness, which highlights the value of shaping resilient, thriving, sustainable manufacturers that positively impact their surroundings.

InCompass, a platform company of TJM Capital Partners, has reached a definitive agreement to acquire Bridgeport Machine Tool Co.

Star Cutter Co. has named Dean Stetson vice president of information technology.

Copper is one of the “hottest” metals attracting attention in the additive manufacturing world these days. But 3D printing poses distinct challenges.