October 2019 U.S. cutting tool consumption totaled $216.1 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 10.2 percent from September's $196 million
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.
Perceptron is an evolving case study in the merits of concentration versus diversification.
For years, collet-type toolholder assembly and setup have relied on cumbersome, error-prone manual methods that waste time and money.
Looking to improve operations and expand its aerospace business, M-1 Tools Works began working with Cimco, a CNC communication and networking software supplier. Today, M-1’s programmers can write programs and get them to any machine in its plant.
FANUC is expanding its presence and capabilities near its North American headquarters campus.
Precision Tool Technologies Inc., Brainerd, Minn., is a manufacturer and distributor of high quality products and services for wholesale optical laboratories and retail optical industries.
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.
Having a plan for maintaining and improving the performance and reliability of every machine on a shop floor is vital to manufacturing operations. Reliable machines make short-notice production runs possible. And the more flexible manufacturers are, the more new customers they’ll attract.
In the fast-changing world of motorized vehicle manufacturing, supply chain companies are now offering numerous software suites, bringing digitalization software and customizable applications to machine tool builders, alongside CNC hardware and operating software.