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Prince Manufacturing Corporation (https://www.princehyd.com/) proudly welcomes Jonathan Moore as its new Chief Financial Officer (CFO) and member of the company’s esteemed leadership team. With a robust background spanning over 15 years in finance and strategy, Jonathan brings invaluable expertise from various sectors, including manufacturing, textile innovation and technology.

In response to the escalating threat of cyberattacks targeting production facilities, Siemens introduces a cutting-edge cybersecurity software-as-a-service (SaaS) solution, SINEC Security Guard. Designed to revolutionize cybersecurity management in operational technology (OT) environments, this cloud-based software provides automated vulnerability mapping and security management specifically tailored for industrial operators.

Continental Diamond Tool Corporation (CDT), https://www.cdtusa.net/, has unveiled its strategic collaboration with Krebs & Riedel, a renowned leader in the global abrasives sector. This exclusive partnership designates CDT as the sole distributor of Krebs & Riedel, https://www.krebs-riedel.com/, abrasive products across North America, encompassing the USA, Canada, and Mexico.

The Manufacturing Leadership Council (MLC) (https://manufacturingleadershipcouncil.com/), the digital transformation arm of the National Association of Manufacturers (https://nam.org/), annually recognizes top-tier manufacturing companies and individuals driving technological advancements. Celebrating its 20th anniversary in 2024, this esteemed awards program seeks out outstanding contributors to the realm of manufacturing technology.

Methanex Corporation (https://www.methanex.com/) (TSX:MX) (NASDAQ:MEOH) has announced the renewal and expansion of its revolving credit facility, totaling US$500 million. This facility, arranged with a syndicate of banks, replaces the existing one and includes an additional US$200 million tranche. It is set to expire on April 24, 2028, with the added tranche expiring on April 24, 2026. RBC Capital Markets acted as the Arranger for this facility.

CLARK Material Handling Company,(https://www.clarkmhc.com/) a prominent forklift and spare parts manufacturer, has introduced the SE25-35, a versatile 5,000-7,000-pound pneumatic forklift suitable for both indoor and outdoor operations. Powered by either a 48V lead acid battery or an integrated 80V Lithium-Ion battery, the SE25-35 offers durability and reliability to meet diverse customer needs.

Hypertherm Associates, (https://www.hypertherm.com/en-US/global-landing-page/?returnUrl=6) a U.S.-based manufacturer specializing in industrial cutting systems and software, has forged a partnership with Rapyuta Robotics, (https://www.rapyuta-robotics.com/) a provider of autonomous mobile robot solutions.

McLean, Va. (April 9, 2024) — Orders of manufacturing technology, measured by the U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology, totaled $343.3 million in February 2024. This was a 2.1% increase from January 2024 but a 26.5% decline from February 2023. Year-to-date orders reached $679.6 million, a decline of 16.9% from the first two months of 2023.

L&L Special Furnace Co. (https://llfurnace.com/) has delivered its QDD29 electric dual-chamber box furnace to a Midwest-based equipment provider. This furnace is destined for a snap-on tools distributor's production facility, where it will support tool and die operations within the production line.