October US cutting tool consumption totaled $198.00 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 (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
Winthrop Sheldon of SLM Solutions spoke with Editor in Chief Brett Brune at the Aerodef 2017 conference in Texas.
July US cutting tool consumption totaled $170.95 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 (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.
Faurecia decided it needed to get serious about Industry 4.0 fast. To show the way, the French automotive supplier built a $64 million factory in Columbus, IN.
It’s no secret that Additive Manufacturing (AM), while often regarded as “emerging” technology, has secured its place in the manufacturing arena. There is good reason for this: AM offers a lure of solutions to previously impossible-to-solve design and manufacturing challenges.
Nearly 100 guests, including customers, officials from Whitestown, IN and Boone County, members of the media and a representative from the Swiss Consulate joined Rego-Fix Tool Corp. executives and employees to celebrate the opening of the company’s new North American headquarters in Whitestown on Friday, May 5th.
Advanced tool grinding technology, more capable and precise than ever, has meant new ground-breaking cutting tools, such as a variable geometry designs. Just as importantly, other machine tool providers need to offer automation and advanced in-process sensing to make proven tool grinding operations even more efficient.
There is a lot of noise around the issue of robotics and manufacturing jobs, some of it appearing in national business magazines like Forbes and Fortune, and one of the ways to quiet the voices claiming that automation kills jobs is to review the last seven years and to point to real-life examples of robotics applications keeping companies competitive, Association for Advancing Automation (A3) President Jeff Burnstein said today here at the Automate conference.
David Küstner and Daniel Erdelmeier wrote their theses at Lufthansa Technik. Now, their firm, Synergeticon, provides digital assistance to factory workers—and its small but growing staff counts among its customers Lufthansa Technik and its partner Airbus, Küstner said in a group interview with British and American tech writers visiting ZAL (Zentrum für Angewandte Luftfahrtforschung) TechCenter for applied aviation research here yesterday.
A new breed of turbochargers constructed of super tough alloys operates at higher temperatures and rotational speeds than ever before, resulting in greatly increased output in a smaller package for gas and diesel engines alike.