February 2021 U.S. cutting tool consumption totaled $149.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association for Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 3.3 percent from January's $144.8 million and down 17.1 percent when compared with the $180.3 million reported for February 2020.
Stratasys Ltd. and DyeMansion, announced a strategic alliance to create the first reference architecture for production scale additive manufacturing.
Ford Motor Co. today reported a first-quarter profit compared with a year-earlier loss. The automaker also forecast continuing issues with a computer chip shortage.
Selecting the best type of cutting tool for holemaking jobs is not always clear. It is best to have a drill that caters to the workpiece material, produces the specs required, and provides the most profit for the job at hand. Considering the variety of jobs and parts manufactured in machine shops, there is no “one-drill-fits-all.”
Verisurf Software said it appointed Tara Mitchell as business development manager for the Americas.
A conversation between Contributing Editor Kip Hanson and CEO of EOS, Marie Langer.
Machine tool orders posted a slight decline in July on a monthly basis but a large gain compared to a year earlier.
Markforged, creator of the integrated metal and carbon fiber additive manufacturing platform, The Digital Forge, announced Eiger Fleet, a cloud-based software solution designed to accelerate the adoption of additive manufacturing operations at scale.
EV manufacturers must overcome a unique set of challenges to meet future customer expectations. Among them is the challenge to create innovative designs that meet safety requirements, performance criteria and keep costs down in the face of growing competition and a widening skills gap.
The president of Eaton's Vehicle Group describes how the company accelerated its use of Industry 4.0 during the COVID-19 pandemic.