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As part of an ongoing effort to make processes and products more environmentally friendly, BIG Kaiser Precision Tooling Inc. is making modifications to its production materials and packaging.

Expect at least two recessions, or downturns in GDP growth, in the next few years. That is the prediction of Brian Beaulieu, CEO and chief economist for ITR Economics.

As I walked through the DMG Mori factory in Davis, Calif., during the company’s Manufacturing Days event in October, there was something noticeably different about it compared to other factories I’ve visited: it was brightly lit and quiet.

September 2019 U.S. cutting tool consumption totaled $195.9 million, according to the U.S. Cutting Tool Institute and The Association For Manufacturing Technology.

Machine tool orders posted a small gain in October, helped by a boost from machine shops and the auto industry, according to a monthly report.

More and more manufacturers are seeing productivity as a crucial factor to their business success. In the meantime, business models are changing from the large quantities and few variants to small quantities with frequently changed variants. This change requires high flexibility during production.

Amid vigorous growth in their industry, product lifecycle management (PLM) software developers are exploiting the cloud and machine learning to manage data and enhance the users’ experience.

Blockchain technology is becoming a key player in modernizing supply chains to enable easy tracking, automate transactions and delivery, and build end-to-end trust, Chandra Narayanaswami, principal research staff member, Member IBM Academy of Technology at IBM Research, told people attending a smart manufacturing session at the MD&M West conference here last week.

Manufacturing got smart when companies figured out how to make products in one market and sell them in another. Today, we call this supply chain logistics. But somewhere along the way, the innovation chain connecting supply (manufacturing) and logistics (the supporting infrastructure) started to diverge.

So you have finally decided to start your digital transformation. You have seen the benefits around digitizing your operations. By connecting your disparate systems, you can start seeing what is actually happening in your plant and become more efficient. And not just in one plant, but in multiple plants.