U.S. manufacturing added 53,000 jobs in March, with contributions from both durable and non-durable goods, the U.S. Bureau of Labor Statistics said.
Felsomat USA will host Innovation Day on June 10 at its U.S. headquarters in Schaumburg.
The industry’s fastest growing firms are leveraging new artificial intelligence (AI), blockchain and Internet of Things (IoT) solutions to transform supply chains, transport and logistics. Reliance on paper forms and clashing systems are giving way to improved transparency across the value chain.
Machine shops use a variety of techniques to track the condition of their cutting tools, ranging from simple to sophisticated. No matter what monitoring method is used, it can be crucial in preventing catastrophic tool failure. At its best, monitoring also significantly boosts tool life and slashes tooling costs.
The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.
In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and
all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.
Establishment of cross-sectoral networks provides an affordable solution to help manufacturers fast-track processes to keep pace with AI technologies and realize far-reaching efficiencies at scale.
3D Systems announced plans for acquisitions of two companies.
ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.
Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.
