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ARCH Global Precision, Bloomfield Hills, Mich., a Jordan Company platform company focused on manufacturing cutting tools, machined components and medical implants and instruments, has acquired Siem Tool Co., Latrobe, Pa. Siem Tool is a manufacturer of custom solid-carbide drills, end mills, reamers, thread mills and form tools. Siem Tool will join ARCH’s Cutting Tools division.

The acquisition of CAD/CAM pioneer Mastercam by Sandvik Manufacturing Solutions will help further tooling developments.

While fossil fuels dominate the energy market, expect a new mix of parts as renewable energy and EVs grow in market share.

Automakers will need more flexible manufacturing with the shift to electric vehicles, plug-in hybrids and other powertrains, automation company ABB said today in a presentation.

Capture 3D becomes part of the ZEISS Industrial Quality & Research segment, following ZEISS acquisition of GOM, makers of the ATOS systems Capture 3D resells.

Ford Motor Co. said Wednesday its third-quarter profit declined from a year earlier amid the semiconductor shortage while promising better days ahead.

Machine tool orders gained in September as manufacturing’s recovery from the COVID-19 pandemic maintained momentum, AMT – The Association for Manufacturing Technology said today.

Manufacturing added 26,000 jobs in December with durable goods sectors doing the heavy lifting.

Low-carbon and medium-carbon steels form the backbone of virtually every shop’s operations in their general engineering applications and fabricated parts.

In competitiveness studies for economic development projects, a strong workforce is always one of the leading factors for a project win. A talented workforce is also necessary when a company is evaluating expansion opportunities.