Machine Tool Orders Post Mixed Results in November January 15, 2018 Machine tool orders posted mixed results in November, slipping a bit on a monthly basis while recording a solid gain compared with a year earlier, according to a monthly report by the Association for Manufacturing Technology (McLean, VA).
Cutting Tool Manufacturer Ceratizit Acquires Komet Group October 16, 2017 The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.
IoT Tech Accelerates Among Manufacturers: Survey July 25, 2017 Manufacturers are accelerating use of Internet of Things (IoT) technology, according to a survey of 66 companies.
Technology Tailored to Shop’s Machining Needs May 2, 2017 You don’t have to look too far to find tooling presetters that fit the machining requirements of just about any size shop. The value of off-line tool presetting—rather than stopping machine spindles to touch off tools as machines sit idle—continues to prove itself invaluable, especially to the smallest first-time user shops.
Chrysler Implements Flexible Manufacturing June 6, 2016 Challenged by an increasingly niche-oriented automotive market, The Chrysler Group (Auburn Hills, MI) must increase the number of models it offers while decreasing its capital investment. The company plans to offer 50% more models in 2009 compared to 2004, according to John Felice, VP of manufacturing, technology and global enterprise for Chrysler.
U.S. Cutting Tool Orders Up 10.2% In October from September December 17, 2019 October 2019 U.S. cutting tool consumption totaled $216.1 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 collaboration, was up 10.2 percent from September's $196 million
New Sandvik Coromant Center to Open in the Heartland of Manufacturing Innovation and Technology November 4, 2019 Fair Lawn, NJ. Sean Holt, head of Sales Area Americas for Sandvik Coromant, announced a new Sandvik Coromant Center will open in Mebane, NC, a geography heavy with aerospace and automotive manufacturing and a strong culture of innovation.
Perceptron’s Focus on Features November 1, 2019 Perceptron is an evolving case study in the merits of concentration versus diversification.
Go Off the Charts for Toolholder Torque Settings October 10, 2019 For years, collet-type toolholder assembly and setup have relied on cumbersome, error-prone manual methods that waste time and money.
Achieving the ‘Impossible’ is All in a Day’s Work for Optical Product Manufacturer October 29, 2019 Precision Tool Technologies Inc., Brainerd, Minn., is a manufacturer and distributor of high quality products and services for wholesale optical laboratories and retail optical industries.