August 2020 U.S. cutting tool consumption totaled $136.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology.
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The Oregon Manufacturing Innovation Center Research and Development (OMIC R&D), a manufacturing research campus hosted by Oregon Tech, has received a $154,000 sponsored project from SMW-AUTOBLOK Corp.
General Carbide Corp. (Greensburg, PA) has purchased automotive tooling supplier Only Tool (Ypsilanti, MI). Only Tool has developed its expertise in cold-form tool manufacturing under the leadership of co-owners Ray Fender and Mick Ruffolo, who, under terms of the agreement, will continue to operate the business.
The auto industry’s constraint in introducing new models because of a labor shortage to make dies, molds, jigs, fixtures and other tooling will be the focus of a conference next month.
Every manufacturer aims for faster, better parts. While chip making time is often the focus when it comes to time savings, Chris Mahar, Associate Editor of Manufacturing Engineering, talks with Steven Baier, Vice President of Sales for Haimer USA, about time savings that go beyond cutting time.
In the 1955 short story “Autofac,” Philip K. Dick envisioned a world dominated by self-replicating robots that work incessantly, eventually depleting the planet’s resources.
Advances in turning insert technology that promise faster processing, longer tool life and reduced cycle time are always promoted with great fanfare by suppliers and welcomed by manufacturers looking for a competitive edge.
Demand for fluid ends is rising because of increased drilling and the component’s short lifespan.
As machining has evolved, toolholders have advanced to include rigid, secure systems with anti-pullout protection. These advanced systems are needed to take on difficult-to-machine materials, such as titanium and heat-resistant superalloys (HRSA), and accommodate ambitious removal rates and long tool overhangs. Think of them as insurance against tool pullout and breakage—a situation nobody wants.
Manufacturers are always looking for signs of what the economy and the business outlook have in store for them. Since the election of President Trump and, more recently, passage of the tax reform law in December, confidence among businesses of all sizes has been overwhelmingly positive.