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Procurement & Supply Chain
NASCENT Technology | February 03, 2022
Firmament, a provider of structured equity capital solutions to small- and medium-sized enterprises (SMEs), announced its investment in NASCENT Technology, a leading manufacturer of Automated Gate Systems (AGS), software and systems integration for the supply chain, including rail, marine terminals, manufacturing and distribution centers, as well as the private and for-hire carrier market. The acquisition of NASCENT is a continuation of Firmament's longstanding commitmen...
GOJO Industries, Inc. | March 17, 2020
A series of individual and class-action lawsuits have been filed against GOJO Industries, claiming that the manufacturer of Purell made unsubstantiated claims about the effectiveness of its hand sanitizer. The latest suit, issued March 13 in the federal court for the Northern District of Ohio, specifically identifies Purell’s marketing claim that it kills 99.9% of illness-causing germs as misleading and seeks damages for all consumers who have purchased Purell who relied upon the product&r...
Wells Fargo | January 17, 2020
According to analysts at Wells Fargo, today’s US Industrial Production report contained encouraging signs, despite the main headline. Ex-autos, manufacturing production was up 0.5%, and after a Boeing-related hit during the first quarter, should improve as trade tensions have eased, analysts added. Output at the nation’s factories, mines and utility plants slipped 0.3% in December, but the decline was entirely due to a 5.6% plunge in utilities amid unseasonably warm weather. Manufact...
Additive Manufacturing
Businesswire | May 31, 2023
NUBURU, Inc., a leading innovator in high-power and high-brightness industrial blue laser technology, today announced that multiple units were delivered to Essentium, a worldwide leader in industrial additive manufacturing (AM). In May 2022, Essentium and NUBURU jointly announced a multi-year, multi-million-dollar agreement to develop and manufacture a blue laser-based metal AM platform. The deliveries announced today signify the initial execution of this agreement. Essentium expects stron...
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