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Nortech Systems | August 31, 2020
Nortech Systems Incorporated, a leading provider of engineering and manufacturing solutions for complex electromedical and electromechanical products serving the medical, aerospace & defense and industrial markets, announced that it has completed the sale and leaseback transactions for its manufacturing facilities in Bemidji and Mankato, Minnesota at a sale price of $6.3 million. The proceeds from the sale will be used to pay down debt as well as related expenses and taxes. Co...
Manufacturing Technology
Prnewswire | May 03, 2023
Seurat Technologies – the 3D metal printing leader making manufacturing better for people and the planet – announced an agreement to develop 59 tons of additively manufactured metal components for Siemens Energy turbines. Development will ramp up over a six-year-period for parts meeting the material qualification requirements of Siemens Energy. The initial focus will be on one part family, with the possibility of increasing volumes to include others in the future. Ma...
The Manufacturer | January 16, 2020
The market for industrial and manufacturing software applications is set to grow from £13.4bn US$18bn in 2019 to £20.7bn $27bn in 2024, according to new research - an increase of more than 50%. The smart, connected factories of today run on data. To harness that resource, more and more manufactures are turning to to industrial software applications. Applications such as Electronic Resource Planning; Manufacturing Execution Systems; Manufacturing Operations Management; Product Lifecyc...
IndustryWeek | March 04, 2020
Over the last decade, awareness of the value of AM has grown significantly within the manufacturing community, explains Rajeev Kulkarni, VP, Strategy, 3D Systems. The AM industry has made a dramatic transition – moving from being used primarily for prototyping to production solutions. AM is now considered a step within the manufacturing process and is part of multiple manufacturing workflows, says Kulkarni. We have seen evidence of this in the most recent E&Y study that confirms the ad...
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