Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.
Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.
September 2019 U.S. cutting tool consumption totaled $195.9 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.
The IUPUI Mechanical Engineering Technology program concentrated on Mastercam and the online benefits of Mastercam University for its students. This approach paid big dividends on a unique Indy Car project for the Indianapolis Motor Speedway.
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.
Kennametal Inc., Pittsburgh, has formed a 3D printing materials and production business unit, Kennametal Additive Manufacturing, as part of its Infrastructure segment.
Kyocera Precision Tools, Hendersonville, N.C., has introduced a CVD Coated Cermet Grade for production in a wide range of finishing applications. The CCX Grade is a new technology composed of a unique, high-strength cermet insert with a thick layer of CVD coating.
Software AG (Frankfurt, MDAX: SOW) announced an original survey of over 125 North American manufacturers in the heavy industry and automotive sectors that revealed they are unable to scale their Industrial Internet of Things (IIoT) investments across their enterprises, and therefore are losing millions of dollars in potential profits while falling behind competitors that have invested in enabling technologies that support IIoT across the enterprise.
Hard turning has long been used for finishing when it comes to high-volume applications. Now, tooling suppliers have pushed cubic boron nitride (CBN) insert technology further, with geometric innovations that further increase the efficiency—and cost-effectiveness—of hard turning.
Some of the key trends in manufacturing are brought about by convergence of the design and manufacturing industries. With manufacturers under more pressure than ever to deliver better products faster and at lower cost, the need to connect and automate design and manufacturing processes to reduce iterations, errors, and delivery times is becoming critical.
