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.
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The future of the auto industry is interesting but uncertain. No one knows how quickly electric vehicles are going to replace gasoline- and diesel-powered vehicles, how completely it will happen, and when it will occur in passenger cars as opposed to SUVs and heavy trucks.
For years, collet-type toolholder assembly and setup have relied on cumbersome, error-prone manual methods that waste time and money.
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.
With much faster processing speeds and higher quality, you might think laser welding would quickly take over the field. But traditional welding hangs on. And depending on who you ask and what applications you consider, it may never go away.
Precision Tool Technologies Inc., Brainerd, Minn., is a manufacturer and distributor of high quality products and services for wholesale optical laboratories and retail optical industries.
Perceptron is an evolving case study in the merits of concentration versus diversification.