At Flexco Inc. (Downers Grove, IL), finding a solution to speed up slot-milling with Chip-Surfer replaceable tip solid-carbide cutting tool from Ingersoll Cutting Tools (Rockford, IL) has led to benefits in a host of other operations as well. Flexco, a manufacturer of belt conveyor components, estimates that retooling with Chip-Surfer replaceable solid-carbide tip cutting tools has saved about $200,000 a year overall on slotting operations and the company expects to save as much again on mill-turn operations.
Fluence Analytics (formerly Advanced Polymer Monitoring Technologies), a manufacturer of smart industrial and laboratory monitoring systems, recently released the third generation of its ACOMP, an automated system that performs continuous, real-time monitoring and characterization of polymers for 3D printing and other uses during manufacturing and post-processing.
Oerlikon and Boeing to create standard processes for 3D-printed structural titanium aerospace. Five-year agreement supports creation of standard titanium additive manufacturing processes. Boeing has 50,000+ 3D-printed parts on commercial, space and defense products flying today.
Rapid growth has spurred a cutting tool manufacturer to reach out to its community to grow the pool of young people available to join its workforce. You don’t have to look farther than the lobby of Midwest Industrial Grinding Inc. (MITGI) to find evidence of its commitment to workforce development for its own benefit as well as that of its Hutchinson, MN, manufacturing community.
October US cutting tool consumption totaled $198.00 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
If a study by Deloitte from early this year was on target, 2017 will record a 2% increase in global aerospace and defense revenues and commercial aircraft production is likely to keep rising in the near future.
July US cutting tool consumption totaled $170.95 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.
As the impact of additive manufacturing, or 3D printing, on business continues to surge, the need for career development in this rapidly growing industry is also rising.
German auto supplier boosts use of 3D printing
One of the early applications for 3D printing/additive manufacturing (AM) was in the medical industry. As the machines and materials have improved, the use of these technologies expanded into almost every application. In medical, there are unique challenges as patient safety is paramount and government regulation and insurance issues structure what can and will be done.
