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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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.
Describe Hexagon’s latest moves in factory automation, including unifying its metrology software with its CAD/CAM and other manufacturing software.
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.
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.
Indianapolis-based Hurco introduces the Hurco MAX5 control with the new 3D Import feature that includes 3D DXF technology. This control feature allows the user to simply load the file they receive from their customer directly into the Hurco control.
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.
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.