The Goss & DeLeeuw Machine Co., a one-time industry leader and a fixture in the town’s economy for 80 years, has closed. The company, which made machine tool equipment, laid off 40 employees Wednesday ...
Purchases of capital equipment by U.S. machine shops and other manufacturers fell to $387.3 million in July, down-9.5% from June but still 20.1% higher than the July 2024 result. The strength of the ...
The trend of expanding average order values for CNC machining units underscores the increased demand for automation at all levels of the supply chain, according to AMT - the Assn. for Manufacturing ...
Following the outstanding success of its Vietnam debut in 2025, CMES expands to Indonesia with the inaugural CMES Indonesia ...
The removal of US tariffs on Taiwan's machine tools has leveled the playing field with major competitors Japan and South Korea, offering some relief to the industry. However, while this short-term ...
Taiwan and the US have reached an agreement on a reciprocal 15% tariff for machine tools, eliminating stacked tariffs, a move anticipated to invigorate the sector in early 2026 after a challenging ...
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