Nikon Advanced Manufacturing Inc. has announced that the U.S. Navy Maritime Industrial Base (MIB) Program will fund the installation of an ultra-large format Nikon SLM Solutions’ NXG 600E Laser Beam Powder Bed Fusion (PBF-LB) metal additive manufacturing machine at the Nikon AM Technology Center in Long Beach, California, the first of its kind. The facility specializes in metal additive...

US Magnesium, a manufacturing giant in the United States that manufactures and supplies materials that are critical to the country’s defense efforts, has filed for Chapter 11 bankruptcy due to several environmental pollution disputes and $200 million in liabilities. Utah’s Division of Forestry, Fire and State Lands (FFSL) announced its plans to terminate the company’s operating leases along Salt...

ABB, a global technology leader in electrification and automation, announced plans to invest $110 million in the United States in 2025 to expand research and development activities and manufacturing of its advanced electrification solutions. These solutions improve energy efficiency and uptime while reducing energy costs to better meet future demand in key industries like data centers, at a time...

Manufacturing sales in Canada were up in July for a second continuous month, which has economists optimistic of a post-tariff recovery. Figures from Statistics Canada show that manufacturing sales rose 2.5 percent to $70.3 billion, thanks to the strength of the transportation equipment subsector, which grew by 8.6 percent to $11.4 billion. On a constant dollar basis, manufacturing sales gained...

Apple has committed to investing $600 billion in its U.S. manufacturing footprint over the next four years, which will see the addition of new factories, jobs, and supply chain opportunities for other companies. This investment news follows a recent pledge of $2.5 billion to expand its partnership with Corning and its Kentucky glass facility, which supplies Apple with the glass for its iPhones...

Divergent Technologies, designer and manufacturer of hardware for aerospace, defense, and automotive applications, has announced the closing of its Series E financing efforts, which raised $290 million at a $2.3 billion valuation to grow the company’s digital manufacturing platform to meet U.S. defense production demand. Since its founding in 2014, its Divergent Adaptive Production System (DAPS)...