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iCOMAT and CGTech Push New Frontiers in Composite Part Manufacture

MEM

CGTech, the developer of VERICUT verification, simulation and optimisation software, is announcing an exciting reseller agreement with Bristol-based iCOMAT, pioneer of the first-ever defect-free tape-steering process for composite component production. Together, we can push new frontiers in automated composite part manufacturing.”

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Atlas Composite Technologies receives seven-figure investment boost

MEM

A specialist manufacturing company, Atlas Composite Technologies, has received a seven-figure investment boost to fuel its growth plans. Atlas designs and manufactures complex composites for use in a range of sectors, including aerospace, defence, medical, elite motorsport and niche automotive such as supercars and hypercars.

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Cymat relases corporate update on automotive, military and architectural initiatives

Canadian Manufacturing

provided an updates on the company’s advances in its current technical and business development initiatives, predominantly for its architectural, automotive, and military verticals, which are now expected to generate revenue on or before fiscal year end. MISSISSAUGA — Cymat Technologies Ltd.,

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Unique event highlights new opportunities for molding in growing electric vehicle market

Plastics News

On June 2nd, ENGEL and partner SABIC, a leading global materials producer, hosted the 2022 trend.scaut Automotive Conference. Presentations and discussions were held in the morning at the Sheraton Detroit in Novi, Michigan, with onsite molding demonstrations shown in the afternoon at SABIC’s Automotive Development Center in nearby Wixom.

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Critical Manufacturing Listed as One of the Top-Growing Technology Companies in Portugal

i4.0 today

Between 2019 and 2022, we experienced a CAGR of nearly 30%.” ASMPT is one of the constituent stocks of the Hang Seng Composite MidCap Index under the Hang Seng Composite Size Indexes, the Hang Seng Composite Information Technology Industry Index under Hang Seng Composite Industry Indexes and the Hang Seng HK 35 Index.

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Mixed Bag Ahead for US Metalworking Economy

Modern Machine Shop

The GBI has been in positive territory almost since the beginning of 2017 (with a relatively short drop in the second half of 2019 followed by the COVID drop in 2020) and posted an all-time high in 2021. In terms of total spending, the next largest markets will be industrial machinery ($900M), aerospace ($600M), and automotive ($500M).

Aerospace 102
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Manufacturing PMI® at 47.6%; August 2023 Manufacturing ISM® Report On Business®

Fastener News Desk

The August composite index reading reflects companies managing outputs appropriately as order softness continues, but the month-over-month increase is a sign of improvement. Logistics stabilized and costs are matching 2019. The Imports Index remained in contraction territory, registering 48 percent, 1.6 percent reported in July.”