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US Cutting Tool 2017 YTD Consumption up 8.0 % in October

October US cutting tool consumption totaled $198.00 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 (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.

US Cutting Tool 2017 YTD Consumption up 7.1% in July

July US cutting tool consumption totaled $170.95 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 (CTMR) collaboration, was down 8.4 percent from June’s $186.57 million but up 16.0 percent when compared with the total of $147.43 million reported for July 2016.

Rego-Fix Tool Corp. Opens New Headquarters in Whitestown, IN

Nearly 100 guests, including customers, officials from Whitestown, IN and Boone County, members of the media and a representative from the Swiss Consulate joined Rego-Fix Tool Corp. executives and employees to celebrate the opening of the company’s new North American headquarters in Whitestown on Friday, May 5th.

Advanced Grinding for Sharper Tools, Sharper Production

Advanced tool grinding technology, more capable and precise than ever, has meant new ground-breaking cutting tools, such as a variable geometry designs. Just as importantly, other machine tool providers need to offer automation and advanced in-process sensing to make proven tool grinding operations even more efficient.

Turbos Turn Up the Heat with Challenging Materials

A new breed of turbochargers constructed of super tough alloys operates at higher temperatures and rotational speeds than ever before, resulting in greatly increased output in a smaller package for gas and diesel engines alike.

IMTS in Three Words: Innovate, Integrate, Collaborate

Innovate, Integrate, Collaborate are more than just marketing keywords. A number of metrology and software companies I visited at IMTS are putting their development dollars to work in these areas and showing off the results.

No Two CFRP Materials Machine Exactly Alike

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

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.

Lifting Devices Reduce Incubator Assembly Labor

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.

Plastic Injection Molder Turns to Gun Making

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.