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Desktop Metal | August 27, 2020

Desktop Metal, Inc. a leader in mass production and turnkey additive manufacturing solutions, announced today it will become a publicly listed company in order to accelerate its growth trajectory within the rapidly growing additive manufacturing market and capitalize on the strong secular tailwinds supporting the reshoring of manufacturing and supply chain flexibility. The Company has signed a definitive business combination agreement with Trine Acquisition Corp., a special purpose acquisition c...

MANUFACTURING TECHNOLOGY

Desktop Metal | November 02, 2021

Desktop Metal today announced the opening of a new in-house manufacturing facility that will more than triple the final assembly space currently dedicated to the Production SystemTM platform to meet robust demand for the world’s fastest metal 3D printing technology. This new facility is part of a strategic plan to accelerate the production ramp of Desktop Metal’s flagship Production System P-50 printer, for which the Company is engaged in component procurement and assembly of initial...

MANUFACTURING TECHNOLOGY

CORE Industrial | October 22, 2021

CORE Industrial Partners LLC (“CORE”), a Chicago-based private equity firm, announced today the acquisition of Advanced Laser Machining (“AL” or the “Company”), a full-service provider of metals-focused contract manufacturing solutions, by CORE portfolio company CGI Automated Manufacturing (“CGI”). Founded in 1996, AL combines broad metal fabrication capabilities with complex assembly and complementary value-added services to provide...

IndustryWeek | February 07, 2020

Digital twins are rapidly becoming a business imperative for the next evolution of digital enterprises. By design, digital twins take advantage of the vast amounts of data from connected devices to provide a detailed, data-based model of a physical system. As the industrial internet of things connects more and more of these devices within organizations, virtual simulations of physical environments are becoming an increasingly critical piece of an enterprise digital strategy. The capability is co...