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Reflecting its growth in medical molding, Westec Plastics Corp. has purchased three new Arburg injection presses that round out a string of investments totaling $3 million in equipment and upgrades at its Livermore, Calif., plant.
Reshoring of US manufacturing is poised to surge 38% year over year, according to the Reshoring Initiative.
07:00am EDT| The $2,100-A-Month Factory Robot: Rapid Robotics Pushes To Automate Small Manufacturers, Helped By $12 Million In New Funding Courtesy of Rapid Robotics Forget big, fancy robots. Rapid Robotics wants to spread its robots, which are inexpensive and programmed to do very simple jobs, at small manufacturers across the country. “The big brand name customers like Home Depot and Sam’s are not the customers that we are going after,” says cofounder and CEO Jordan Kretchmer. “Those are the 2%-ers. We are going after the 98%.” Its machines do simple work, like heat stamping, fast...