December 2019 U.S. cutting tool consumption totaled $187.2 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Fastems LLC has launched three new products to enable educational institutions and manufacturing enterprises to benefit from its advanced Digital Manufacturing (DM) solutions for factory automation. In addition to functioning as a classroom teaching and learning tool, DM enables companies to do training and testing before ramp-up and simulation during production.
Driven by market changes and feedback from customers, we shifted our focus away from the consumer market toward education and professional segments. We recognized that professionals needed more to meet the advanced needs of rapid prototyping for manufacturing.
The value of machine tool orders plunged in November as makers pared prices to cut inventory, according to a monthly report.
Not far from Florida’s metropolitan areas lie rural communities with the space and workforce to support manufacturing leaders. From Walton County in the Panhandle to the Heartland Counties near Lake Okeechobee, the state’s rural regions present a unique mix of resources for the manufacturing industry.
Cobots, like other robot equipment, started in material handling applications. However, this year, Universal Robots is introducing welding applications and other heavy duty metal fabrication.
Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.
Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.
Aerospace was an early, and enthusiastic, adopter of additive manufacturing. The technology has been used to make brackets inside of aircraft.
Terry Wohlers, a renowned expert on additive manufacturing, and Bruce Morey, Senior Technical Editor for SME’s Manufacturing Engineering Magazine, discuss the present and future of AM in the medical and dental fields. Applications are discussed and skepticism addressed as the industry anticipates RAPID + TCT in Anaheim April 20-23 and the Additive Manufacturing for Medical Yearbook SME will publish in April.
