The ELFA reports September new business volume is up 6% year-over-year, 8% month-to-month and 10% year-to-date.
While manufacturing in China did well in 2020, Interact Analysis reports its growth will lag behind other countries in 2021.
Semiconductor manufacturing billings were up more than 35% in August 2021 compared to the same period in 2020.
Manufacturing is digging out from the impact of COVID-19, but its recovery is being hampered by a labor shortage in many major markets.
Peak Performance Inc., which launches on October 1, will be the first Smart Factory based in the United States.
SKF has acquired Rubico Consulting AB, a Swedish industrial consultancy firm that specializes in visualization and analysis of signal data.
Global sales of semiconductor manufacturing equipment by OEMs are forecast to surpass $100 billion next year according to a report by SEMI.
Confidence in the equipment finance industry rose to 72.9 in July as the industry as a whole is now close to full strength and shaking off the effects of COVID-19.
Würth Additive Group signs agreement with Markforged.
Annual equipment and software investment growth of 13.3% is forecast for 2021 as manufacturing demand remains very high.