JESCO Lighting

Manufacturing Technology

CADREX | October 07, 2022

CORE Industrial Partners (“CORE”), a manufacturing, industrial technology, and industrial services-focused private equity firm, announced today the acquisition of E.P.M.P., Ltd. (“EPMP” or the “Company”), a precision sheet metal fabrication services provider, by CORE portfolio company Cadrex Manufacturing Solutions (“Cadrex”). The Cadrex platform was formed in 2021 and includes ten business units with approximately 1.5 million square...

Digital Transformation

Ideanomics | September 27, 2022

Ideanomics ( Nasdaq: IDEX), a global company focused on accelerating the commercial adoption of electric vehicles (EV), is strengthening its position as a leading commercial electric vehicle and charging OEM by establishing in-house design capabilities. Ideanomics Design will shape the future of commercial EV solutions industrywide and strengthen Ideanomics' balance sheet by embedding a more cost-effective, efficient, and standardized design process across the organization. Read More

Manufacturing Global | March 27, 2020

Amidst the current outbreak of COVID-19, SMMT predicts that the car manufacturing sector should brace for a downward impact due to the pandemic. Recent figures show that the UK motor industry manufactured 122,171 new cars in February, a slight drop of 0.8% when compared to January - a result which SMMT attributes to a slower demand within key global export markets. Export figures show a demand reduction of 3.1% from the US and Asia, which resulted in fewer than 95,000 units, despite the EU seein...

Desktop Metal | October 08, 2020

Desktop Metal, a pioneer in large scale manufacturing and turnkey added substance fabricating arrangements, declared today it has been granted Phase I of a long term $2.45 million dollar venture from Department of Defense to build up an advanced Additive Manufacturing measure fit for mass creating without cobalt hardmetals, created by the U.S. Armed force. The organization's Production System™ with Single Pass Jetting , a restrictive AM innovation created by Desktop Metal, will mass as...