Protolabs Reaches Agreement to Acquire 3D Hubs, Creates the World's Broadest Digital Manufacturing Offer for Custom Parts
-Significantly expands customer offering with network of premium manufacturing partners
-Transformational acquisition enhances customer value proposition enabling Protolabs to more holistically serve customers
-Total consideration of $280 million to be funded with cash on hand and equity at close, and up to an additional $50 million of contingent consideration
-Acquisition of 3D Hubs expected to accelerate Protolabs' revenue growth rate and be slightly dilutive to non-GAAP earnings per share in 2021
-Transaction expected to close by the end of January, subject to customary closing conditions
Reimagined Supply Chains Emerge From Global Crisis as Enterprises Focus on Data Insights to Mitigate Risk
-Orange survey highlights opportunities to future-proof supply chains
-Success will depend on real-time data insights, agility and digitalization
Why Digital Transformation Matters More Than Ever
Companies that embraced digital technology, specifically on the plant floor, are now able to improve and adapt their operations at a faster speed and even anticipate changes before they occur.
Allied Machine Launches New Large-Diameter Boring Tool - VolCut
Allied Machine and Engineering announces the release of the Wohlhaupter VolCut insert holder, an expansion to their boring line. The rough boring system is engineered to remove large volumes of material at high speeds and light feed rates in just one cut.
Moving from Scare Easy to Secured Share Easy in Additive Manufacturing
Unleashing the full benefits of additive manufacturing requires knowledge sharing, but as Lee-Bath Nelson, Co-founder and VP Business at LEO Lane asks, can this be achieved securely without giving away the farm?
Game changer Metal 3D Printing reaches Europe thanks to CRP Meccanica and VELO3D
The Modena-based CRP Meccanica, company leader in the field of High-Precision CNC Machining, has become the exclusive distributor for Italy of VELO3D Metal printers. Engineer Franco Cevolini, CTO and President at CRP Meccanica: " We will work alongside the customer by offering them sales and after-sales support, service and maintenance, and support during the production phase
ALIO INDUSTRIES HIGHLIGHTS CRITAL QUESTIONS WHEN SELECTING A MOTION CONTROL PARTNER
Questions need to be asked that delve into motion control vendors' capabilities and their values. Only by so doing will manufacturers avoid the wasted time and expense as they strive for greater and greater precision.
Desktop Metal to Acquire EnvisionTEC, Entering Market for Volume Production Polymer Additive Manufacturing
EnvisionTEC's Category-leading Product and IP Portfolios Expand Desktop Metal's Reach to Photopolymer 3D Printing, Digital Biofabrication, and Digital Casting Markets, Offering Go-to-Market Synergies Via Robust, Vertically-Focused Dental and Jewelry Channels
ABCorp Launches Enterprise Grade Additive Manufacturing With HP Multi Jet Fusion Technology
The opening of ABCorp's new Additive Manufacturing Center (AMC) at the site compliments the prior offering of secure and highly bespoke contract manufacturing for the access, authentication, and payments sectors. ABCorp is excited to partner with HP and introduces both prototyping and enterprise-scale production to the region via HP's industry-leading Multi Jet Fusion technology.
Hawk Ridge Systems Expands Additive Manufacturing Offerings with AMT Post Processing Partnership
The partnership adds two types of products to the Hawk Ridge Systems additive line: chemical vapor smoothing and depowdering machines. The AMT PostPro chemical vapor smoothing process smooths a variety of thermoplastic polymers and the depowdering technology allows high volume cleaning of 3D printed parts.
3 Steps to Supply Chain Resilience and Digital Transformation in Manufacturing
The challenges facing the manufacturing industry are many. And as the current health crisis continues, the future is an unknown landscape. To survive and ultimately thrive, companies must increase profitability, supply chain resilience, and embrace new technologies.
Oqton Inc. raises over $40M Series A - Set to disrupt Manufacturing as a one-stop, Industry 4.0 and AI driven production platform
"¢ Former Silicon Valley giant Autodesk's top execs have started revolutionary Industry 4.0 company
"¢ Built as a 'cloud end-to-end production platform', Oqton's platform represents the next level of manufacturing software
"¢ Latest round of funding, led by Fortino Capital, PMV and Sandvik, will be used to expand its software platform and to further build global strategic partnerships
Sandvik invests in leading AI-powered manufacturing software provider Oqton
High-tech engineering group Sandvik has acquired a minority stake in the privately owned American company Oqton, a leading provider of AI-powered manufacturing solutions that allow manufacturers to manage, optimize and automate their manufacturing workflows.
Litmus Releases Litmus Edge 3.0 Modern Edge Computing Platform
One platform to enable data connectivity, analytics, and applications for industry
New Inject/Eject Mechanism From Southco Simplifies Installation and Operation With Tool Free Operation
Southco has introduced a new addition to its successful P7 Inject/Eject Series.
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Engineering - Featured Product
FLIR Si1-LD - Industrial Acoustic Imaging Camera for Compressed Air Leak Detection
The FLIR Si1-LD is an easy-to-use acoustic imaging camera for locating and quantifying pressurized leaks in compressed air systems. This lightweight, one-handed camera is designed to help maintenance, manufacturing, and engineering professionals identify air leaks faster than with traditional methods. Built with a carefully constructed array of MEMS microphones for high sensitivity, the Si1-LD produces a precise acoustic image that visually displays ultrasonic information, even in loud, industrial environments. The acoustic image is overlaid in real time on a digital image, allowing you to accurately pinpoint the source of the sound, with onboard analytics which quantify the losses being incurred. The Si1-LD features a plugin that enables you to import acoustic images to FLIR Thermal Studio suite for offline editing, analysis, and advanced report creation. Field analysis and reporting can also be done using the FLIR Acoustic Camera Viewer cloud service. Transferring of images can be managed via memory stick or USB data cable. Through a regular maintenance routine, the FLIR Si1-LD can help facilities reduce their environmental impact and save money on utility bills.
Manufacturing and Automation - Featured Company
CSP US Inc.
As a software manufacturer, CSP GmbH & Co. KG offers its customers bespoke solutions for the discrete manufacturing applications. This makes it easy to secure and document the quality of production processes - from development to delivery!
