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2016 Was a Good Year for Lasers; 2017 Looks Even Better

Strong 2016 earnings among top industrial laser providers, continued brisk adoption of fiber lasers, cheaper ultrafast lasers, and a host of novel applications and notable corporate acquisitions signal a big year ahead for photonics-based manufacturing.

Renishaw Inc. Moves to New Headquarters

Renishaw Inc. is preparing to move into a new 133,000-sq.-ft. office and warehouse facility in West Dundee, IL, about 40 miles from Chicago. The two-story facility will be the company’s new North American headquarters, but also includes space for product development, testing, warehousing and distribution. It includes the new U.S. Additive Manufacturing Solutions Center – part of Renishaw’s network of global Solutions Centers, opening over the next year.

DMG Mori Previews Its Future Strategy

MG Mori’s 2017 annual press conference in Pfronten, Germany, set the course for the future of the Global One Company in what is expected to be a highly competitive year.

Metrology Tools for In-Process Inspection

While suppliers are under more pressure than ever to produce precision parts faster and with less scrap, in-process metrology means manufacturers can detect as soon as possible when a part is going wrong, correcting the issue quickly and saving it from scrap.

Hexagon Manufacturing Intelligence Advances Convergence

Consolidation along the Digital Thread seems to be all the rage among companies today, including Hexagon Manufacturing Intelligence. While acquiring technologies outside its core metrology might make sense as a business, is there advantage technically in adding CAE and CAD/CAM?

Machine Vision Inspection Speeds Up Automotive Lines

As machine vision technologies improve, providing more data more frequently, new uses for inspection during the manufacturing process are emerging. The automotive industry might represent the ultimate challenge to providers of machine vision equipment used in robotic guidance and material inspection.

Lasers on the Cutting Edge

In the last seven to eight years, solid-state lasers have come to dominate laser welding and cutting,” said Tom Bailey, product specialist for Trumpf Inc. (Farmington, CT). While Trumpf still produces CO2 lasers, for most applications solid-state lasers literally outshine them.

Industrial M&A Falls in 2019

Industrial merger and acquisition activity fell in 2019 because of slowing economies and trade uncertainty, consulting firm PwC said in a report.

Caterpillar Profit Rises Despite Lower Revenue

Caterpillar Inc. today reported higher fourth-quarter profit as expense controls made up for lower revenue. The Deerfield, Illinois-based maker of earthmoving machines and heavy equipment also warned of “continued global economic uncertainty” in 2020.