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.
Machining Parts Complete in One Clamping April 27, 2016 The appeal of multitasking machining isn’t difficult to understand. Multitasking machines overcome some limitations of conventional machines and work their own special brand of magic in subtractively processing parts. From the earliest mill-turn machines to today’s most advanced multifunction machines featuring simultaneous processing, manufacturers have recognized that productivity-enhancing multitasking machining and quality go hand in hand.
Leveraging Digital Analysis for the IIoT, Big Data January 1, 2016 Jon Sobel, CEO and Co-Founder of Sight Machine Inc. in San Francisco, sat down with Senior Editor Patrick Waurzyniak to discuss numerous topics related to Controls and Software, including how Sight Macine Inc. uses analytics software to help shops leverage plant-floor data.
Locking Down the Factory Floor December 1, 2015 With more factory assets getting connected to the Web, particularly with the coming explosion of Internet of Things (IoT) devices, today’s manufacturing management must look for rock-solid technologies for securing their factory-floor machinery and the mission-critical intellectual property assets that now often reside in cloud-based software.
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.
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.
Masters of Manufacturing: Herbert B. Voelcker July 1, 2009 A self-described “river rat” during his teenage years, Herbert B. Voelcker grew up in the small town of Tonawanda, NY, just north of Buffalo, where as a young man he grew to love the water, boats, and steam engines. His early fascination with how things worked eventually led him to study mechanical engineering at the Massachusetts Institute of Technology (Cambridge, MA), and to embark later on a greatly varied technical career highlighted by his research into the mathematical foundations for 3-D solid modeling.
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).
