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The value-add of blockchain for businesses is estimated to grow into the trillions by 2030. Experts believe product recalls alone—estimated to cost $8 million today—could be practically eliminated through improved track and traceability enabled by blockchain.

When it comes to being successful, manufacturers today have more tools than ever to succeed. Chris Mahar, Associate Editor of Manufacturing Engineering, talks with Jeff Lage, President, Advanced Manufacturing Technologies at Ellison Technologies, about how Industry 4.0 is helping manufacturers improve operations through data collection and insights. Providing tips on how businesses can get the most capacity out of their machines, remove waste and enable their machines do more.

In a small town in northwestern Wisconsin, a dedicated group of engineers, designers, and machinists are working with a visionary management team on a concept that could have a revolutionary effect on general aviation and impact other forms of flight.

To date, GBneuhaus has only produced its nanotech-enabled coatings in Neuhaus am Rennweg, a small village in the state of Thuringia. But that’s about to change: The 28-year-old firm in June founded a company in Pune, India, and will soon begin producing its antimicrobial coating there.

Much about the process of buying machine tools has changed over the last decade. And much hasn’t.

With much faster processing speeds and higher quality, you might think laser welding would quickly take over the field. But traditional welding hangs on. And depending on who you ask and what applications you consider, it may never go away.

The winner-take-all drive that fuels professional auto racing is also driving new achievements in precision machining.

There’s growing evidence that some of the moldmaking business that fled the U.S. chasing cheaper sources offshore is returning. Moldmakers are not finding enough of a favorable cost differential to offset poor mold performance and the need for rework of faulty molds.

You don’t have to spend too much time looking to be overwhelmed with useful information from distributors and cutting tool manufacturers about solutions that yield lowest cost per part, per hole, or per tool.

Blockchain can help power the process to monetize Big Data and will play a role in the FDA’s regulations to limit pharmaceutical counterfeiting by increasing security of the drug supply chain, said experts Smart Manufacturing gathered at Westec 2019 for an exclusive blockchain-tech roundtable