Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
Because its president saw opportunities to improve efficiency and an immediate need to make up for capacity lost due to impending worker retirements, Daiwa Steel Tube is set to save more than $1 million a year.
More than 70 years after the first CNC lathe, toolroom models are as useful as ever.
BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.
Shifts in microchip-making to aid automotive, medical
While precision, part programs and productivity have improved markedly, the basic process is still the same.
OMAX has scheduled its next virtual event, “The Versatile World of Waterjet”
The need for leadership in smart manufacturing cannot be overstated: Making revolutionary changes can be arduous.
To achieve a better world, we have chosen Society 5.0 as our key driver. The evolution of automation technologies in the context of Industry 4.0 and Industry 5.0 is fantastic, but the focus should be to benefit society, humankind and the earth.
The adoption of smart manufacturing processes reminds Bob Willig of his “lean manufacturing journey, years ago,” he said.
