Condumex

Supply & Demand Chain Executive | June 23, 2020

The top priority voiced by potential acquirers of small- and mid-sized manufacturers can be boiled down to the ways in which COVID-19 has affected the profit and loss of a target company. Excuses will not be accepted, even if an obvious reason for a decline in operating profit is a decline in sales. Several manufacturers during COVID-19 have actually experienced significant increases in sales revenues because the demand for U.S.-based suppliers has increased. The global supply cha...

Universal Robots | February 15, 2021

Universal Robots' Machine Tending Expo is ready to show how manufacturers are going to take advantage of tasks by automating machine tending with collaborative robots. Universal Robots introduces the first virtual expo which will be important to keep equipment running in manufacturing factories. It’s not shocking; a lot of U.S. manufacturers are redesigning their workforce architecture with automation with machine tending. It has now become one of the most sought-after applications to ...

MANUFACTURING TECHNOLOGY

Platinum Equity | September 22, 2021

Platinum Equity announced today the signing of a definitive agreement to sell PCI Limited ("PCI"), an electronics manufacturing services provider based in Singapore, to Celestica Inc. (TSX: CLS) (NYSE: CLS), headquartered in Toronto, a leader in design, manufacturing and supply chain solutions for the world's most innovative companies, for $306 million in cash. The sale is expected to close in mid-fourth quarter of 2021, subject to regulatory approval and customary closing conditio...

ADDITIVE MANUFACTURING

Businesswire | May 30, 2023

Mantle, the leader in metal 3D printing for toolmaking, announced today that it has won the prestigious Additive Manufacturing Start-Up Technology Award for its innovative metal 3D printing technology. SME, formerly known as the Society of Manufacturing Engineers, selected Mantle and delivered the award at the 2023 RAPID + TCT conference, North America’s largest Additive Manufacturing event. The AM Start-Up Technology Award recognizes businesses with unique technologies th...