Giga-tronics sales its SCPM product line to Teradyne, Inc. for $1,000,000.

The increasing awareness of the need to accurately measure critical components by consumers has been the biggest driver for the dimensional metrology market. There is significant use of metrology in the automotive, aerospace and defense industries. Brazil, Russia, India and China (BRIC) is intensifying its focus on these industries, thus creating a positive outlook for the market.

The National Institute of Standards and Technology (NIST) seeks to establish a new Hollings Manufacturing Extension Partnership (MEP) center in Nebraska. The award will provide up to $600,000 for one year, to help the state's small- and medium-sized manufacturers enhance their productivity, innovative capacity, technological performance and global competitiveness.

Inspired groups of manufacturers, developers, technology builders, and technology distributors gathered for the second edition of [MC]2 MTConnect: Connecting Manufacturing Conference in Cincinnati, OH.

U.S. industrial manufacturers remain positive regarding the outlook for the U.S. economy in the year ahead.

Nearly 80 Percent of Manufacturing Executives Predict Revenue Growth in 2013, says PwC.