Hexagon Announces Third Quarter Financial Results
Hexagon AB has announced its financial results for the 3rd quarter 2022. Operating net sales increased by 23 per cent to 1,320.2 MEUR (1,077.2). Net sales including the reduction of
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Business
Stratasys Acquires Riven Software To Streamline Quality Assurance for Production-Scale AM
3D printing solution company, Stratasys, has announced the acquisition of quality assurance software company Riven. The California based start-up has been a Stratasys connectivity software partner and its cloud-based software
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US Cutting Tool Orders Up 8.9 Percent Over 2021
August 2022 U.S. cutting tool consumption totaled $178.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by
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Ready To Create Your Strategic Business Plan for 2023?
Recently, The Association For Manufacturing Technology (AMT) MTForecast 2022 included two days of presentations from experts in economic forecasting and market data to help manufacturing technology leaders make informed business decisions.
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Manufacturing Technology Orders Reverse Downward Trend
New orders for manufacturing technology totaled $460.7 million in August 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. August
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Reporting The Future – 2023 Metrology News Editorial Calendar
Metrology News, has published its 2023 editorial calendar. In 2022 online readers have increased by 20% (following a 25% increase in 2020) as Metrology News becomes increasing recognized as the
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“All-Time High” Robot Population – Half a Million Robots Installed in 1 Year
The just released World Robotics report shows an all-time high of 517,385 new industrial robots installed in 2021 in factories around the world. This represents a growth rate of 31%
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GKN Aerospace Acquires Additive Manufacturing Systems Leader
GKN Aerospace has acquired a pioneering Swedish additive manufacturing system business, as part of its Engines business’s journey to transform its supply chain and offer more sustainable and advanced material
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ABB Invests in Scalable Robotics to Enhance No-Code Welding Portfolio
ABB is entering into a strategic partnership with US-based startup Scalable Robotics, to enhance its portfolio of user-friendly robotic welding systems. Through 3D vision and embedded process understanding, the Scalable
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Accenture Collaborates to Develop ‘Factory of the Future’ Using AI, Cloud, Edge and Digital Twins
Accenture is working with Mars, the global leader in confectionary, food, and pet care products and services, to transform and modernize its global manufacturing operations with artificial intelligence (AI), cloud,
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