Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.
Kent, Wash.-based Flow International Corp., a developer and manufacturer of ultrahigh-pressure waterjet solutions for cutting applications, announced a new partnership with Joe Gibbs Racing. A current competitor in the NASCAR Monster Energy Cup Series and The NASCAR Xfinity Series, North Carolina-based Joe Gibbs Racing is looking to Flow’s elite waterjet technology to support the team’s endeavors in the upcoming 2019 season and beyond.
Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.
St. Louis-based Hydromat Inc. is celebrating its 40th anniversary (1979 -2019). As part of this celebration, the company engaged Orange County Choppers (OCC) to build a custom motorcycle to commemorate this milestone.
Seco Tools LLC (Troy, MI) hosted a Mold and Die Manufacturers Seminar for metalworking professionals at its headquarters on July 26 in collaboration with hyperMILL (Open Mind Technologies, Needham, MA) and Heidenhain Corp. (Schaumburg, IL).
Visitors to the Valley of the Sun were recently treated to a dizzying display of software technology at Arizona’s Phoenix Convention Center. From June 4-7, the Siemens PLM Connection—Americas 2018 user conference hosted thousands of visitors from hundreds of manufacturing companies.
A new report urges the United States invest in emerging manufacturing technologies, saying the private sector can’t preserve US manufacturing by itself.
Tool presetting machines are a wise investment for machine shops that want to increase their machine utilization. Idle machine tools are often indicators of inefficient machining operations, and stopping a machine tool for any reason is synonymous to losing profits.
Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.
