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Sandvik to Acquire Chinese Round Tools Maker

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.

Mazak to Demo 30+ Advanced Machining Systems at DISCOVER 2019

At the DISCOVER 2019 manufacturing education and technology event, Mazak Corp. will demonstrate more than 30 manufacturing systems ranging from cost-efficient turning and milling solutions to hybrid technologies that the company says will allow manufacturers to re-imagine part-production operations altogether.

Manufacturing and AI: Promises and Pitfalls

We all know the buzzwords circulating around digital data and the factory. You have heard them—Industry 4.0, smart factories, data analytics, and artificial intelligence (AI). The question we all have is how will this impact workers in the long term? What do these terms really mean? Nevertheless, both traditional software suppliers and makers of advanced manufacturing equipment are offering digital solutions.

Automotive Industry Improves Automation, Adopts Advanced Tech

The U.S. auto industry has been automated for decades. Production of cars and trucks is associated with large, hulking robots fenced off from human employees. Inside those fenced off areas, tasks such as welding are performed. The industry, though, is advancing on the automation front.