Michelle
PTC has recently announced the appointment of Dr Klaus G. Hoehn to its Board of Directors.
MakerBot and Stratasys AP Limited, a subsidiary of MakerBot's parent company Stratasys Limited, announced earlier this month the plan to strengthen MakerBot's market presence in Asia Pacific through the formation of a new division, MakerBot Asia Pacific & Japan (MakerBot APJ).
The latest US Manufacturing Technology Orders (USMTO) report show that orders have dropped in April, according to the Association for Manufacturing Technology (AMT).
Boeing subsidiary Spectrolab Incorporated, a solar cell and panel manufacturer, has named a new president, Tony Mueller, who is a veteran in satellite design and manufacturing. His appointment is effective immediately.
General Motors has announced its plan to invest $119 million in tools and equipment to support production of future vehicle components at its Grand Rapids Operations. This move anticipates a creation of approximately 300 jobs.
Southwest Steel Processing announced early this month their $18 million expansion plan for its Newport plant, and with it, an additional 100 jobs at the facility.
Intel Corporation and Altera Corporation have recently announced their definitive agreement proclaiming the acquisition of Altera by Intel for US$54 per share in an all-cash transaction, totalling $16.7 billion.
Sandvik Coromant have announced that they received the Volvo Cars Award of Excellence 2014 in the Special Recognition category. Over 200 people saw the prize presentation at the awards ceremony held at Volvo Cars headquarters in Gothenburg, Sweden, in January.
Indonesia records a 4.71 percent year-on-year growth in the first quarter of 2015 (Q1), arousing concern in her investors regarding the forecast of her economy for the year. These are further fuelled by the rising inflation in the country, and the continual contraction of the manufacturing sector.
RS Components (RS) has signed a global distribution agreement with Chauvin Arnoux, a company dealing with electrical test and measurement equipment, and has extended the partnership to all markets in the Asia-Pacific and the Europe, Middle East and Africa (EMEA) regions.