We recently spoke with Paul Ricard, co-founder and president of DP Technology Corp. about his career, the growth of the company, and its recent acquisition by Hexagon AB. DP Technology is a leading developer of computer-aided manufacturing (CAM)...
Going green never looked—or felt—so good. With the growth of Industry 4.0 comes one very welcome change: the increase of corporate social responsibility (CRS). More than a quarter of manufacturers are now known as “Social Supers,” meaning they are...
This March, for the first time since founding Industrial Vacuum Equipment Corporation (IVEC) in 1992, Randy Bourdo was experiencing a downturn in commercial orders. But thanks to a special quick turnaround order for a hospital COVID-19 treatment unit...
No stranger to setbacks, Illinois manufacturer Nicole Wolter has learned to embrace uncertainty by acting quickly, gathering facts, and relying on others. Here’s how she’s responded to her state’s recent stay-at-home order. On Friday, March 20, as soon...
With the emergence of many new business models in the manufacturing technology (MT) ecosystem, AMT spoke to several member companies to learn about their paths to success. We learned that each of these innovators identified a need in the market that was...
Congratulations! You have run a successful company and are beginning to think about the next stage in life. Many business owners in your situation are curious about the value of their (likely) largest personal asset as well as how to maximize...
As we navigate this precarious period, we must remember to focus on what we can control instead of worrying endlessly about things outside our purview. To that end, we at AMT are endeavoring to assemble resources for our members and keep you updated...
The coronavirus has been devastating in its impact on our lives and businesses. Every hour, the news seems to grow more dire in its tone and the situation more challenging to address. Still, this isn’t the first time we have faced challenging situations.
Is now the best time to implement new technology to digitally transform your company? Good lord, no. With constraints on cash flow due to the global economy’s challenges, the timing for investing in capital equipment is not the best.
There are approximately 140,208 firms in the manufacturing sector in the United States. According to 2016 U.S. Census Bureau data, the latest year for which the data is available, 97 percent are small businesses with fewer than 500 employees...