February 2021 U.S. cutting tool consumption totaled $149.5 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 collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Schuler North America showcased its Digital Suite product family for the Press Shop of the Future during the grand opening of its new service facility in Canton, Mich.
There’s much more to leveraging production data than its capture and analysis; there’s also
integration with the company’s other software systems and the strategic perspective that results.
Meeting demand in a consistent, cost-effective manner requires balance and good forecasting. But sometimes it takes a little more due diligence to uncover the best way to increase throughput or meet rising demand.
ABB said it has completed its acquisition of the Siemens low voltage NEMA motor business.
When SOP Technologies sought the ideal destination to develop, test, manufacture, and market its devices that help stop ocean pollution, Miami quickly rose high on the list.
In a world where machine shops are struggling to stay open and maintain their business and in a day when “going into dad’s business” is not what it once was, Platinum Tooling is an exception to the rule.
Machines can learn to spot anomalies in-process and end-of-line.
The code to a more secure factory
Experts weigh in on the impact of robotics on productivity and the people who advance manufacturing.
