Sandvik to Acquire Chinese Round Tools Maker August 4, 2021 Sandvik has signed an agreement to acquire 67 percent of Chuzhou Yongpu Carbide Tools Co., Ltd, a China-based maker of solid round tools, with a call option to buy the remaining part in three years.
BLM GROUP Adds 10kW Capability to Sheet Lasers May 19, 2021 BLM GROUP USA has added more processing power to its LS5 and LC5 flat sheet laser cutters with the new option of a 10kW fiber laser source.
GM Quarterly Profit Surges May 5, 2021 General Motors Co. said today its first-quarter profit rose sharply compared with a year earlier despite having to deal with a global shortage of computer chips.
Shifts in microchip-making to aid automotive, medical May 27, 2021 Shifts in microchip-making to aid automotive, medical
Desktop Metal Agrees to Acquire ExOne August 12, 2021 Desktop Metal Inc. agreed to acquire ExOne Co. in a transaction intended to accelerate 3D printing for mass production.
Machine Tool Orders Surge in April on Year-Over-Year Basis June 14, 2021 Machine tool orders soared in April from a year earlier, AMT – The Association for Manufacturing Technology said today.
RAD Torque Releases B-RAD BL S Torque Wrench April 13, 2021 RAD Torque Systems has launched what it calls its most advanced battery tool, the B-RAD BL S. The new torque wrench is an addition to the battery-operated series known as the B-RAD.
Reshoring Operations in the Age of COVID-19: Part One October 27, 2020 In March 2020, the World Health Organization officially declared the novel coronavirus outbreak a pandemic. Manufacturers are dealing with the fact that the virus has exposed the fact that many domestic brands rely significantly upon China for fulfilling some, part, or nearly all, of their supply chain.
The Role of Computer Games in the Future of Manufacturing Education and Training October 21, 2020 The manufacturing industry is arguably the backbone of any nation’s economy. Manufacturing represents about 11 percent of U.S. GDP and more than 8 percent of U.S. employment. As a result of Industry 4.0, the U.S. manufacturing industry is going through a paradigm shift, both in terms of technological developments and the skill sets required.
The Growing Importance of MBD October 27, 2020 SME discussed with David Olson of Verisurf the growing importance of Model-Based Definition and the use of standard formats by small and medium sized manufacturers.