Welcome to Industrial Machine Trader's Industry News hub, your one-stop destination for the latest updates, developments, and happenings in the dynamic world of industrial machinery. Stay informed and connected with the pulse of the industry as we bring you breaking news, insightful analysis, and exclusive interviews with key players shaping the future of manufacturing.
IMTS 2024, attracted nearly 90,000 attendees and featured over 1,600 exhibitors displaying more than 40 million pounds of machinery across 1.2 million square feet.
Federal Reserve Chair Jerome Powell has announced a 50-basis point cut to the target rate, lowering the federal funds rate to a range of 4.75% to 5%.
IMTS held Sept. 9-14 at Chicago’s McCormick Place, will feature cutting-edge advancements and insights from industry leaders in technology and manufacturing.
Norstat has unveiled the DUO-BOX, a new plastic enclosure from Multi-Box designed for enhanced functionality and durability.
Okuma America Corporation's Factory Automation Division has announced the launch of its latest innovation, the Okuma Robot Loader (ORL) series.
Wall Colmonoy Corp., a global leader in brazing, surfacing, and engineered materials, has announced the acquisition of Indurate Alloys Ltd.
EMUGE-FRANKEN USA has announced a major expansion of its end mill offerings, adding nearly 2,500 new tools to its lineup.