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.
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.
Keeping Old Planes in the Air with Laser Scanning June 21, 2017 Your father’s Oldsmobile may be long gone but his B-52 is still pulling missions, and they haven’t built the “BUFF” (Big Ugly Fat Fellow) since 1962. The last KC-135 tanker was built in 1965. Besides aging warbirds (the average plane in the US Air Force is over 28 years old) there are hundreds of ancient civilian airliners carrying friendlier payloads everyday. The key to doing this safely is of course excellent maintenance and periodic upgrades. Laser scanning plays an essential role.
2016 Was a Good Year for Lasers; 2017 Looks Even Better June 21, 2017 Strong 2016 earnings among top industrial laser providers, continued brisk adoption of fiber lasers, cheaper ultrafast lasers, and a host of novel applications and notable corporate acquisitions signal a big year ahead for photonics-based manufacturing.
Advances in Titanium Machining—Do More on Less Floor February 6, 2017 The demand for titanium components by the aerospace industry began as a whisper about 15 years ago and steadily grew to a sustained, raucous shout over the last five and likely won’t quiet for several more.
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).
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.
