August 2019 U.S. cutting tool consumption totaled $205.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Kennametal Inc., Pittsburgh, has formed a 3D printing materials and production business unit, Kennametal Additive Manufacturing, as part of its Infrastructure segment.
Kyocera Precision Tools, Hendersonville, N.C., has introduced a CVD Coated Cermet Grade for production in a wide range of finishing applications. The CCX Grade is a new technology composed of a unique, high-strength cermet insert with a thick layer of CVD coating.
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.
Hard turning has long been used for finishing when it comes to high-volume applications. Now, tooling suppliers have pushed cubic boron nitride (CBN) insert technology further, with geometric innovations that further increase the efficiency—and cost-effectiveness—of hard turning.
The future of the auto industry is interesting but uncertain. No one knows how quickly electric vehicles are going to replace gasoline- and diesel-powered vehicles, how completely it will happen, and when it will occur in passenger cars as opposed to SUVs and heavy trucks.
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Fair Lawn, NJ. Sean Holt, head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC, a geography heavy with aerospace and automotive manufacturing and a strong culture of innovation.
The concepts Industry 4.0 in Europe, Made in China 2025 and smart manufacturing in the U.S. “all share a common goal—to create cyber-physical systems to innovate in manufacturing,” IDC's Bob Parker said at Dassault Systèmes’ recent Manufacturing in the Age of Experience event. “And it’s really dependent on a set of new technologies like IoT (the Internet of Things) and artificial intelligence (AI).”