GE Reaches Agreement to Acquire a 75% Stake in Concept Laser October 28, 2016 GE (NYSE: GE), the world’s leading digital industrial company, has reached an agreement to acquire a 75% stake in Concept Laser GmbH for $599 million (€549 million). The agreement allows for GE to take full ownership in a number of years.
Dunnage: Often Ignored, Always Important October 1, 2012 Dunnage used to ship and process automotive parts on the shop floor is a key component in the overall manufacturing process, yet it is often overlooked when companies are working to make lines lean and green. Today, it is important that manufacturers know that most dunnage used to transport parts from start to finish can be reused for the lifetime of production.
Drilling Difficult Materials January 1, 2012 Drilling a hole to required specification in production drilling can be challenging when the workpiece material is especially difficult-to-machine.
3D Systems Announces Departure of President and CEO October 29, 2015 3D Systems (NYSE:DDD) announced today that Avi Reichental has stepped down as President and Chief Executive Officer and as a Director of the Company, effective at the close of business on Wednesday, October 28, 2015, by mutual agreement with the Company’s Board of Directors.
Geometry Lesson Teaches Corvette How to Lighten Up October 14, 2016 It’s been almost two decades since the C5 Corvette hit the streets with its groundbreaking chassis built around hydroformed steel bumper-to-bumper frame rails. The technology gave engineers a chance to create components that were both lighter and stiffer than traditional stamped and welded assemblies.
A 4-part plan to help prepare for an eventual cyber breach December 19, 2016 In a recent LNS Research study on the Industrial Internet of Things (IIoT) and Digital Transformation, the top two challenges facing the adoption of IIoT technology are finding the budget to invest (32% of respondents) and building the business case (30% of respondents).
Why Ultrasonic Additive Manufacturing Makes Sense for Aerospace & Defense September 21, 2016 Additive manufacturing lets companies think “outside the box.” Engineers can now start to look at a part without restrictions on size, shape or material. Instead of taking 15 different CNC milled parts and brazing them together, these companies have reimagined the part entirely—to be built as one part.
Solutions for Difficult Machining January 1, 2009 The machining challenges for two of the most advanced concepts in cutting tool materials are pretty well known. Cubic boron nitride (CBN) tools of varying designs are being used to cut hardened ferrous metals with or without interrupted cuts, as well as welded and clad metals.
Tooling to Match Composite Production April 1, 2009 It’s getting harder to imagine any market that isn’t benefiting from the latest developments in parts manufactured from advanced composites. “Advanced composites will arguably dominate consumer and production products, especially in the near future,” says Bert Erdel, industry consultant and executive technology advisor, Morris Group Inc. (Windsor, CT), “as they have begun to gain wide acceptance in solving energy-related issues.”