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Machine tool orders fell sharply in January while the new coronavirus may delay the industry’s comeback, AMT – The Association for Manufacturing Technology, said today in a monthly report.

Tata Steel announces new hot-rolled Valast 450, abrasion-resistant steel developed for the construction, agricultural, mining, refuse and recycling industries.

Robert Lyscas has been promoted to the newly created position of Chief Operating Officer at the Michigan Manufacturing Technology Center (The Center). The announcement was made by Mike Coast, President of The Center.

Performance-enhancing winglets built by Daher are incorporated on Gulfstream Aerospace Corp.’s all-new G700, contributing to this twin-engine business jet’s fuel efficiency and ultralong-range.

Today, Formlabs continued turning additive manufacturing’s talk into action with the release of the company’s newest material, Tough 1500, part of Formlabs’ Engineering Resin segment. Designed for the company’s stereolithography (SLA) 3D printers, Tough 1500 Resin enables engineers, designers and manufacturers to create stiff, yet pliable, parts that bend and spring back quickly under cyclic loading, according to the company.

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.

Founded in 1984, Arundel Machine Tool Co. Inc., Arundel, Maine, has evolved into a major CNC manufacturer of precision-machined components based in New England.

How people feel about heat-resistant superalloys depends on what they do with them. Those who use parts made of HRSAs are high on the materials because they retain their strength and hardness at high temperatures and also provide excellent corrosion resistance.

In this final installment of the Connected Machine Shop series, we’ll tackle the more technical and implementation-oriented aspects of an Industry 4.0 transformation.