Survey: Manufacturers Behind the IIoT Curve September 10, 2019 Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
U.S. Cutting Tool Orders Up 3.3% In August from July October 17, 2019 August 2019 U.S. cutting tool consumption totaled $205.1 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
Kennametal Launches Additive Manufacturing Unit October 22, 2019 Kennametal Inc., Pittsburgh, has formed a 3D printing materials and production business unit, Kennametal Additive Manufacturing, as part of its Infrastructure segment.
Methods Announces Mark Wright as President & CEO September 12, 2019 Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.
New CCX CVD Coated Cermet Grade October 23, 2019 Kyocera Precision Tools, Hendersonville, N.C., has introduced a CVD Coated Cermet Grade for production in a wide range of finishing applications. The CCX Grade is a new technology composed of a unique, high-strength cermet insert with a thick layer of CVD coating.
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New Sandvik Coromant Center to Open in the Heartland of Manufacturing Innovation and Technology November 4, 2019 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’s Focus on Features November 1, 2019 Perceptron is an evolving case study in the merits of concentration versus diversification.
In China, and world over, it will soon be all about adroitly adjusting on the fly October 17, 2019 The concepts Industry 4.0 in Europe, Made in China 2025 and smart manufacturing in the U.S. “all share a common goal—to create cyber-physical systems to innovate in manufacturing,” IDC's Bob Parker said at Dassault Systèmes’ recent Manufacturing in the Age of Experience event. “And it’s really dependent on a set of new technologies like IoT (the Internet of Things) and artificial intelligence (AI).”
ABB’s ‘factory of the future’ in China to demo safety, sustainability October 16, 2019 The $150 million “factory of the future” that the Swiss innovator ABB announced a year ago is becoming reality in this enormous city’s Pudong New Area.
