General Motors Co.’s quarterly profit plunged as the novel coronavirus (COVID-19) pared demand and caused the automaker to close factories.
Florida's advanced manufacturing industries are diverse and include sectors producing intermediate and finished products ranging from plastics and micro-electronics to tortillas and motor vehicles.
ROKiT MADE, is building what it calls the largest e-bike manufacturing facility in the United States. ROKiT MADE’s campus, called the “ORB,” is slated to open in 2021. ROKiT MADE has committed the necessary funds to building the infrastructure and ORB campus and plans to merge with a SPAC.
Xometry, the on-demand manufacturing marketplace, announced that Katharine Weymouth and Deborah Bial will join Xometry's Board of Directors as independent directors.
Xometry, an on-demand manufacturing marketplace, announced that it has completed an $75 million equity round, led by funds and accounts advised by T. Rowe Price Associates Inc. Durable Capital Partners LP and ArrowMark Partners.
Mitutoyo America Corporation has expanded its Custom Solutions offerings. Mitutoyo will now offer “end-to-end solutions” for all its customers’ needs and have the ability to customize products and advanced technology for specific applications.
LK Metrology is supplying 3D articulating arm metrology systems with the launch of a range of 24 portable measuring arms called “FREEDOM”.
Telescoping gauges are indirect measuring devices used to measure the internal diameter of a bore, hole, groove, slot, etc. This T-shaped tool consists of a handle, two telescopic rods and a locking screw.
The trials and tribulations of 2020 have given manufacturers a moment of clarity, a vice president of IFS says in a commentary.
The CEO of the National Association of Manufacturers said that manufacturers "stand with members of Congress who intend to uphold their constitutional responsibility and vote to certify the Electoral College tallies that resulted from free, fair and legal elections in the states."
