News

Fast Radius Opens Satellite Office at Manufacturing Innovation Center MxD

Fast Radius Innovation Center Manufacturing MxD Office Satellite

Fast Radius Opens Satellite Office at Manufacturing Innovation Center MxD

Fast Radius Opens Satellite Office at Manufacturing Innovation Center MxD Fast Radius, a Chicago manufacturing startup that helps companies bring products to market, has opened a satellite office in a manufacturing innovation center on Goose Island. The office opening is part of a new partnership Fast Radius has inked with MxD, the new name for UI Labs and its Digital Manufacturing and Design Innovation Institute. The name changed when the organization received a $10 million U.S. Department of Defense grant in February. MxD, founded in 2011, offers manufacturers from around the U.S. a place to develop, deploy and commercialize solutions that address problems in...

Leer más →


US factory orders drop again amid manufacturing slump

manufacturing slump US factory

US factory orders drop again amid manufacturing slump

US factory orders drop again amid manufacturing slump Reuters   New orders for American-made goods dropped in November, the latest sign that the manufacturing sector has struggled to climb out of the mild recession it fell into last year.  The Commerce Department said Tuesday factory goods orders fell 0.7%, in line with economist expectations and the third decline in four months.  The figure was pulled down by orders in the transportation sector, which declined more than 2% for civilian aircraft and by nearly three quarters for defense aircraft. That weakness was expected after Boeing suspended production of its 737 Max...

Leer más →


Manufacturing, supply chain see greatest cost savings from AI: McKinsey

AI Hotel Hard Rock Riviera Maya McKinsey savings supply chain

Manufacturing, supply chain see greatest cost savings from AI: McKinsey

Manufacturing, supply chain see greatest cost savings from AI: McKinsey   Credit: Getty Images Dive Brief: Supply chain and manufacturing are two functions most likely to see cost savings as a result of using artificial intelligence (AI), according to a recent survey by McKinsey and Company that asked hundreds of respondents about the benefits their companies were seeing from AI and its impact on organizations. The survey found 64% of respondents saw cost reduction in the manufacturing space while 61% saw a reduction in supply chain planning costs. The report suggests the supply chain savings are the result of better spend analytics...

Leer más →


Phillips-Medisize adding to manufacturing in Denmark

Denmark Manufacturing Phillips-Medisize

Phillips-Medisize adding to manufacturing in Denmark

Phillips-Medisize adding to manufacturing in Denmark Phillips-Medisize LLC The Hudson, Wis.-based injection molder Phillips-Medisize will expand a site in Struer, Denmark, to include a clinical manufacturing unit. Hudson, Wis. — Hudson-based Phillips-Medisize LLC is expanding a European facility to include a clinical manufacturing unit. Phillips-Medisize, part of Molex LLC, plans to open the manufacturing facility in Struer, Denmark, in the second quarter of 2020, according to a Jan. 8 release. The injection molder and medical manufacturer provides a range of custom drug delivery devices and manufacturing services worldwide. Approximately 500 meters of floor space from the existing 8,400-square-meter building will be...

Leer más →


Tech Companies Downshift Ambitions for Electric Vehicle Manufacturing

Electric Vehicle Electric Vehicle Manufacturing manufacturing tech companies

Tech Companies Downshift Ambitions for Electric Vehicle Manufacturing

Tech Companies Downshift Ambitions for Electric Vehicle Manufacturing Technology companies continued to curb their ambitions for manufacturing electric vehicles in 2019.  At one point, Apple was reportedly planning to launch an electric vehicle by 2019, but after much hype around its secretive initiative called Project Titan, the iPhone maker shifted gears on EVs several years ago. While Apple continues to file automotive-related patents, its efforts now appear focused on infotainment and autonomous driving software rather than building a car from scratch. In October of this year, U.K. consumer electronics firm Dyson dropped its plans for what was described as a “fantastic car” after...

Leer más →