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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.

The future of the auto industry is interesting but uncertain. No one knows how quickly electric vehicles are going to replace gasoline- and diesel-powered vehicles, how completely it will happen, and when it will occur in passenger cars as opposed to SUVs and heavy trucks.

When it comes to the production of high-precision parts for industries ranging from aerospace to medical, grinding remains the best, most cost-effective approach to obtaining fine surface finishes and tight tolerances.

The concepts Industry 4.0 in Europe, Made in China 2025 and smart manufacturing in the U.S. “all share a common goal—to create cyber-physical systems to innovate in manufacturing,” IDC's Bob Parker said at Dassault Systèmes’ recent Manufacturing in the Age of Experience event. “And it’s really dependent on a set of new technologies like IoT (the Internet of Things) and artificial intelligence (AI).”

The $150 million “factory of the future” that the Swiss innovator ABB announced a year ago is becoming reality in this enormous city’s Pudong New Area.

In the age of Industry 4.0 and the digital thread, computer-aided design (CAD) data exchange should be open and seamless because it happens daily in a multi-tiered supplier ecosystem and so much interoperability depends on it. But we are not there yet.

The Grinding Symposium 2019 hosted by the United Grinding Group attracted hundreds of journalists, customers, and other stakeholders from around the world. Held near its Studer subsidiary’s plant in Thun, Switzerland, the scenery of the Alps and a warm welcome was combined with a purpose: education.

Having a plan for maintaining and improving the performance and reliability of every machine on a shop floor is vital to manufacturing operations. Reliable machines make short-notice production runs possible. And the more flexible manufacturers are, the more new customers they’ll attract.

Today’s virtual technology enables faster and better product development. Planes, trains and automobiles are defined in CAD, subjected to virtual tests to see how they might fail, re-designed, virtually manufactured and virtually shown to customers to confirm market acceptance.

SyncFab will give more than 1,300 National Tooling and Machining Association (NTMA) members access to its advanced manufacturing blockchain platform, the company said today. As the national representative of the precision custom manufacturing industry, NTMA members generate more than $30 billion in sales combined.