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.
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.
New collaboration to provide increased exposure of resources
In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
Going into this year, economic improvement was forecast for manufacturing after a sluggish second half of 2019. Things weren’t expected to boom, but a solid economic year was supposed to be in the offing.
New report from Claroty researchers finds latest ICS vulnerabilities most prevalent in energy, critical manufacturing, and water & wastewater sectors of critical infrastructure
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.
The National Center for Defense Manufacturing and Machining (NCDMM) announced on August 13 the restructuring of its organizational operations to include a new holding company and a subsidiary/sister company to support its long-term growth strategy within the global advanced manufacturing industry.
Manufacturing’s supply chain is approaching a “tipping point” of diversifying beyond China, consulting firm PwC said in a report.
More shops and schools invest in Mastercam than any other CAD/CAM software package in the world, according to CIMdata, an independent research firm specializing in the NC industry. CIMdata reports that Mastercam is the number one CAM software used worldwide for 26 years in a row
