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.
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More and more manufacturers are seeing productivity as a crucial factor to their business success. In the meantime, business models are changing from the large quantities and few variants to small quantities with frequently changed variants. This change requires high flexibility during production.
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.
Sunnen Products Co. is expanding its global production footprint, opening a manufacturing facility in Monterrey Mexico to complement its production in the U.S., China, Switzerland, and Brazil. Sunnen, a large, integrated manufacturer of precision bore creation and finishing equipment, will move a portion of its abrasive and tooling products from its St. Louis operation to the Monterrey facility.
Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.
The keynote for Haimer USA’s May Open House at its headquarters in Villa Park, Illinois, was delivered by President Brendt Holden, who remarked that his company’s toolholding and related products are designed to provide consistent setup for their customers’ machining jobs.
Makers of workholding devices face a moving target. The machine tools they work with are changing. There’s more high-speed machining. More high-feed machining. More multi-axis machines. New uses of coolant to reduce temperatures during cutting operations.
Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.
Machine vision is proving ideal in helping humans perform tedious but crucial manufacturing tasks. That is why it is poised to grow significantly in the next few years.