MINNEAPOLIS – Illinois Tool Works has integrated three of its businesses: Speedline Technologies, Vitronics Soltec and Despatch Industries. This new division consolidates all of its Electronic Assembly Equipment and Thermal Processing Technology business and will operate under the name ITW EAE.

HAMPSHIRE, UK -- New research finds revenues from smart home hardware and services will reach $83 billion this year, rising to $195 billion by 2021.

MCLEAN, VA – Manufacturing technology orders declined 2.4% sequentially to $329.6 million in November, according to AMT – The Association for Manufacturing Technology. Year-to-date orders were down 5.1% to nearly $3.6 billion compared to the same period in 2015.

TAIPEI -- Advanced Semiconductor Engineering, the parent company of Universal Scientific Industrial, announced consolidated net revenues for December rose 20% from 2015 to $792 million.