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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.
Midway between Houston and Austin sits Brenham, Texas, home to Blue Bell ice cream and the world’s largest BBQ pit. Within this smallish town you’ll find a not-so-small contract manufacturer, MIC Group LLC.
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.
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.
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.
Methods Machine Tools Inc., a supplier of precision machine tools and automation, announced that its Board of Directors has appointed Mark Wright as its President and Chief Executive Officer effective September 13, 2019. Wright will assume all operating functions of Methods Machine Tools Inc., including the Sudbury headquarters and all seven direct offices throughout the United States as well as its national distribution network.
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.
For decades, plant personnel have performed insulation resistance tests with handheld megohmmeters to prevent motor failures that lead to costly unplanned shutdowns, failure-to-produce penalties and rewinding repairs. However, these tests only provide a “snapshot” of motor health. In a matter of days, motor windings and cables exposed to moisture, chemicals, contaminants or vibration can be compromised and fail at startup.
Amid vigorous growth in their industry, product lifecycle management (PLM) software developers are exploiting the cloud and machine learning to manage data and enhance the users’ experience.