Kennametal Inc., Pittsburgh, has formed a 3D printing materials and production business unit, Kennametal Additive Manufacturing, as part of its Infrastructure segment.
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The ever-volatile oil and natural gas industry—roiled most recently by September’s drone attacks on Saudi Arabian oil facilities that temporarily reduced the kingdom’s output by nearly half (about 5 percent of global production)—faces particularly challenging requirements for machined components to meet evolving supply targets.
Fort Collins, Colo.-based Wohlers Associates announced the publication of “Wohlers Report 2019,” the 24th annual installment of its undisputed, industry-leading report on additive manufacturing (AM) and 3D printing. The worldwide study reports on growth, development, and the future of AM materials, applications, systems, services, design, software, patents, startups, standards, investment, and research.
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.
Two new production resins are available for 3D printing: one from 3D Systems is a thermoset that thinks it’s a thermoplastic and another from Carbon is a hybrid that’s 30 percent biomaterial, the company’s first resin with a reduced carbon footprint.
Additive manufacturing (AM) once was called “rapid prototyping.” Its earliest forms made prototype parts—and nothing else. However, manufacturers were intrigued by the prospect of using it to make cost-effective metal parts in production. That day is here.
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.
Manufacturing should expand in the first half of 2020, including increased revenue for companies, the Institute for Supply Management said this week in a semi-annual forecast.
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