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Manufacturing Technology

Momentum Manufacturing Group | November 21, 2022

One Equity Partners, a middle market private equity firm, today announced that its portfolio company Momentum Manufacturing Group (“MMG” or “the Company”), a leading North American metal manufacturing services provider, has acquired two precision machining services providers Evans Industries Inc. (“Evans”) and Little Enterprises, LLC (“Little”). Terms of the private transactions were not disclosed. Founded in 1965 and headquartered i...

Manufacturing Technology

TUGA Innovations | November 29, 2022

TUGA Innovations, Inc. (CSE: TUGA) (FRA: DQ5) (OTC: TUGAF) (“TUGA Innovations,” or the “Company”), a developer of solutions for urban mobility challenges with the TUGA, a new type of electric vehicle (“EV”), is pleased to announce the execution of a non-binding letter of intent (“LOI”) for the creation of a consortium with the intent to produce the initial TUGA commercial prototypes, limited series product line, and continued advancements towards f...

IndustryWeek | April 09, 2020

Metal and carbon fiber 3D printer manufacturer Markforged is partnering with Neurophotometrics to produce Fiberflex Rayon, a 3D printed nasopharyngeal swab for use in diagnostic testing for COVID-19. The team is currently producing 10,000 swabs per day, with plans to scale to 100,000 per day. Identifying COVID-19 infected patients is the best way to slow down the spread of the disease, but we’re seeing a lot of issues with wide-scale testing, said Greg Mark, CEO and founder of Markforged. ...

Censornet | January 14, 2020

Manufacturing Global hears from Censornet CEO Ed Macnair who reasons that while digital might hold the key to the future for manufacturing in the UK, the cybersecurity risks it brings must be addressed. Faced with an uncertain future, British manufacturers are adopting next-generation technologies in an effort to boost productivity and remain competitive. However, while the Industrial Internet of Things, artificial intelligence, automation, and robotics are disrupting how the sector operates, th...