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.
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Modern machining is all about speeds and feeds. The old school slow, heavy cuts that were very popular back in the day have been replaced with a new way of machining parts characterized by fast, lighter cuts.
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.
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There is still a lot of talk about breaking down the “silos” within a manufacturing enterprise. Siemens, like other software providers, is trying to address the problem by offering toolsets that are easier to integrate and work together.
With more manufacturers and engineers embracing additive manufacturing, or 3D printing, for serial production of functional parts, the demand for and creation of high-performing additive materials continues at a rapid pace.
Artificial intelligence (AI) , the Internet of Things (IoT), and real-time data analytics are moving metalworking technology into the next generation of equipment. These sophisticated concepts are bringing at least one traditional technology with it.
Using lasers to cut metal, especially sheet metal or tubes, continues to show its value. The market is becoming dominated by the newer solid-state fiber laser over its CO2 gas rival. Fiber’s advantages in ease of operation, packaging and efficiency are clear.
Perceptron is an evolving case study in the merits of concentration versus diversification.
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.