The investment represents EtQ’s first institutional investment since its founding in 1992 and will enable the company to accelerate its innovation efforts, enhance its product development, and expand its international operations. Terms of the transaction were not disclosed.
The latest U.S. Manufacturing Technology Orders report also shows a year-over-year increase of more than 10%, the fifth consecutive month posting a year-over-year gain.
Sciaky can now offer its current and future customers a solution that integrates with the same technology that companies around the world depend on every day to enhance product development decision making and produce better products.
This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 2.8% from May’s $191.93 million and up 6% when compared with the total of $175.97 million reported for June 2016. With a year-to-date total of $1.095 billion, 2017 is up 5.8% when compared with 2016.
This x-ray fluorescence (XRF) instrument expands the MicroConnex metrology capability set to include best-in-class thickness and composition measurements of very thin metal coatings, conductive traces, and small components and structures.
CMS members, special industry guests, and master users of portable measurement technology delivered a diverse slate of authoritative white papers and application presentations at the 2017 conference.
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