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IBISWorld: Decline in US Manufacturing Has Been Relative

Press Release - IBISWorld

7/29/2015

The demise of American manufacturing has become a familiar headline. Technological change, deregulation, outsourcing and increasingly competitive foreign producers all continue to do their part in hollowing out the US industrial base. For instance, over the 10-year period to 2015, manufacturing’s share of the US economy (as measured by value added*) is expected to fall from 10.7% to 8.1%. Similarly, US manufacturing employment is anticipated to fall 15.6% over the same period. Full Article

Hurco Announces Acquisition of Two Machine Tool Companies



Press Release - Hurco

7/15/2015

Hurco Companies, Inc. (Nasdaq:HURC), a leader in the development and manufacture of machine tools with integrated control technologies for the worldwide metal cutting market, announced today that, through a wholly-owned subsidiary, it acquired substantially all of the assets of U.S.-based Milltronics Manufacturing Company, Inc. d/b/a Milltronics CNC Machines (Milltronics). Full Article

Ford Integrates Virtual Reality and 3D Printing to Advance Manufacturing



Executive Editor James D. Sawyer

7/17/2015

What do you get when you combine full motion-capture video, 3D printing and immersive virtual reality software? Many, many things, it turns out. Ford Motor Co. is integrating these technologies to optimize how its employees assemble vehicles. Full Article

Shops Migrate to Higher Value Parts Making



Senior Editor Jim Lorincz

7/1/2015

Following the money trail is a police-drama honored way of sorting out the usual suspects in solving a crime. Keeping an eye on the money is also a good strategy for shops looking to remain competitive, as well as a bigger payday. Today, adopting five-axis machine technology is a tried and true method of producing more complex workpieces with higher value in both the raw and the machined states. Full Article

Laser Wrinkle Rings Swiss Machine Bells and Whistles



Senior Editor Jim Lorincz

6/1/2015

Swiss-style or not, CNC automatic lathes have carved out an impressive record machining precision engineered parts for a wide variety of industries including medical, aerospace, electronics, hydraulics, and automotive. The Swiss-style lathe continues to evolve adding new functions to maximize efficiency in machining complex parts complete. By now the ability to bring multiple tools into the cut has found general acceptance as well as recognition of the challenge that it poses to programming skills. Full Article

GF Machining Solutions Sees Steady Growth



Senior Editor Bill Koenig

6/19/2015

GF Machining Solutions expects continued growth in its machine tools business, tied to markets such as aerospace, automotive and medical. Full Article

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