Machine tool orders fell slightly in September on a monthly basis, the Association for Manufacturing Technology said in a monthly report.
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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.
Metalworking technology manufacturer Prima Power (Turin, Italy; Arlington Heights, Ill.) announced the opening of a new site in Seinäjoki, Finland. Finn-Power Oy—the company of Prima Industrie Group manufacturing Prima Power turret punch presses, combined machines, and systems—relocated its manufacturing plant and Tech Center previously sited in Kauhava into a new facility in Seinäjoki.
SCHUNK, manufacturer of gripping systems and clamping technology serving the manufacturing industry, celebrated the opening of its newly expanded facility in Morrisville with a ribbon cutting ceremony and site tour on Friday, May 10.
Producing metal products is one of the most energy intensive industries. Improving both energy and production efficiency, as well as ensuring product quality is at the top of any manufacturers to do list. Engineers should consider using fixed thermal imaging cameras to optimize their manufacturing process.
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.
As I walked through the DMG Mori factory in Davis, Calif., during the company’s Manufacturing Days event in October, there was something noticeably different about it compared to other factories I’ve visited: it was brightly lit and quiet.
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.