Machinery Industry Is Healthy, Expanding
“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.
“We expect to see the world machinery market grow in the next five years,” said Arun Kumar a director at AlixPartners in a discussion he and I had recently.
Dana Inc., the automotive supplier that outfits many of the world’s leading automobile brands with drivetrain components and more, is building something very special in-house.
While water and fire tube boiler power plants may be considered archaic, they now power much of North America and will for some time, even as newer, cleaner, greener tech transitions into the mainstream and becomes practical.
Manufacturers are increasingly analyzing their supply chains to mitigate cybersecurity and environmental risks with the goal of building more secure, resilient, agile organizations, keynote panelists at the Best of SMX virtual event said in October.
The COVID-19 pandemic has caused major upheavals in manufacturing processes to avoid contamination while keeping supply chains intact.
FortiGaurd Labs recently reported that malware designed to attack industrial control systems is still a very lucrative attack method for cybercriminals. The EKANS ransomware family does just that, and manufacturers must be prepared for it.
Change is hard. Whether it’s learning a new software package or setting up a new model of machine tool, many of us wonder at some point, “Is all this hassle worthwhile?” Change can also be risky, raising the specter of lost time, revenue, and reputation.
Had IMTS 2020 taken place as scheduled, it would have been clear that making parts as quickly and cost-effectively as possible remains as the primary goal in manufacturing.
With the potential for a 30% productivity increase or even more, there's a strong incentive for automating CNC machining processes. But before you flip the switch on that robot, you’ll need to check out the surrounding tools and processes.
Leak detection testing is growing in importance with the development of electric and self-driving vehicles.