Disruption is Really Just an Informational Problem November 10, 2016 The average lifespan of a company on the S&P 500 has fallen to 20 years from more than 60 years in 1960. The power and influence of technology will increase as much in the next 18 months as it has in the last 30 years.
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.
No Two CFRP Materials Machine Exactly Alike August 31, 2016 Carbon fiber reinforced polymer (CFRP) composite materials deliver the important performance advantages of high strength-to-weight ratio, durability, and extreme corrosion resistance in lightweight structures, valued especially for demanding aerospace and oil and gas industry applications.
Automatic Cutting-Edge Measurement in Tool Production August 22, 2016 Tool life, geometry, and stability largely depend on proper edge preparation. Tool Flo, located in Houston, Texas, is a manufacturer of carbide cutting tools such as inserts for threading, turning, and milling. The company uses Alicona’s optical 3D measurement systems in the quality assurance of inserts.
DMG Mori Absorbs Former Distributors August 24, 2016 DMG MORI USA is pleased to announce that as of August 2016, Boldt Machinery Inc., and Triad Machine Tool Co., are now part of DMG MORI USA’s Direct Sales and Service structure.
Lifting Devices Reduce Incubator Assembly Labor June 15, 2016 Thermo Fisher Scientific, a leading manufacturer of laboratory technology, designed new incubators to cultivate human and animal cells. With 55,000 employees worldwide and group sales of $17 billion, Thermo Fisher Scientific is one of the world’s largest providers of laboratory and analysis technology. The company headquarters are located in Waltham, MA, near Boston.
What’s The Magic of The Industrial Internet of Things? June 28, 2016 The Industrial Internet of Things (IIoT) has elements of the fairy tale Jack and the Beanstalk.
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.
Plastic Injection Molder Turns to Gun Making October 1, 2015 In 2006, Jim Pontillo, founder of TRA Medical Inc. (Placentia, CA), saw two distinct trends: his medical mold-making workload was diminishing and demand for guns and gun components was rising. Sizing up TRA Medical’s core competencies, Pontillo saw an opportunity for growth in the development and production of 9-mm handguns. Today, these guns are branded and sold under their own brand FMK Firearms, which is a stand-alone business.
DIY: Creating Through-Tool Coolant Capability June 1, 2015 New retrofit systems make it possible to quickly, easily and cost effectively transform the standard external-coolant live tooling heads on turning machine turrets into those with through-tool-coolant capability. And shops that have done the retrofit are experiencing longer tool life, more efficient chip control and less heat generation.
