U.S. Cutting Tool Consumption Up 3.2 Percent for 2019 Through June August 21, 2019 U.S. cutting tool consumption totaled $198.9 million according to the United States. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 6.8 percent from May’s $213.4 million and down 6.3 percent when compared with the $212.4 million reported for June 2018.
Toolholding Applications Offer Win-Win Scenarios October 7, 2019 Defeating chatter, increasing speeds and feeds, defeating pullout, and reducing cycle times hold the keys to success.
JTEKT Toyoda Americas to Harness Solar Power at HQ in Arlington Heights, IL September 12, 2019 For untold millennia, the power of the sun has provided sustenance to mankind. On a late summer day, as the sun beat down on suburban Chicago, executives at JTEKT Toyoda Americas Corp. celebrated the launch of a new solar energy system that will help power the facility and sustain the environment for the future.
PTC Announced It Will Buy Onshape October 25, 2019 Acquisition to Position PTC as CAD and PLM Industry Transitions to Software-as-a-Service (SaaS)
High QA Establishes European Headquarters October 31, 2019 High QA, Inc., the developer of Inspection Manager Quality Management Software, has established a headquarters operation in Sevenum, Netherlands, to directly serve its customers on the European continent.
Siemens Plans the Acquisition of Edge Technology from Pixeom October 24, 2019 Siemens is planning the acquisition of Edge technology from the US company Pixeom. With this action, Siemens is strengthening its Industrial Edge portfolio by adding software components for Edge runtime and for device management.
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