Machine Tool Orders Surge in September November 9, 2020 Machine tool orders gained in September as manufacturing recovered from a severe recession.
3D Systems to Sell Cimatron, GibbsCAM November 3, 2020 3D Systems said it has agreed to Cimatron Ltd. and GibbsCAM CNC programming software businesses, to Battery Ventures.
Caterpillar Profit Falls as Product Demand Drops October 27, 2020 Caterpillar Inc., the maker of heavy construction and mining equipment, today reported a sharply lower third-quarter profit as demand for the company’s products dropped.
Auto Industry Gets Back Into Gear Following COVID-19 Shutdown August 17, 2020 The North American auto industry slammed on the brakes in March because of the novel coronavirus (COVID-19). The sector already had been forecast to slow down in 2020, with lower light-vehicle demand. That turned into a sudden stop as the coronavirus spread.
Machine Tool Processes Depend on Creative Enablers July 30, 2020 It is fair to say that IMTS, virtual or otherwise, presents the ultimate manufacturing tool box, where shops can find the newest, most innovative and proven devices for holding, moving, cutting, bending and inspecting workpieces.
Altair Releases New Version of Knowledge Studio Machine Learning and Predictive Analytics Solution July 17, 2020 Altair, a global technology company providing solutions in product development, high performance computing (HPC), and data analytics, has released a new version of Altair Knowledge Studio that it says brings greater speed, flexibility, and transparency to data modeling and predictive analytics.
Siemens adds Cloud PLM to Xcelerator Portfolio with New SaaS Offering June 16, 2020 Teamcenter X, a new software as a service solution, on the cloud helps enable quicker creation and delivery of a complete digital twin, with multi-domain design and bill of materials integration.
Castrol Offers Free Industrial Coolant in “Back On Track” Promotion June 18, 2020 In an effort to help customers get their operations back up and running after a full or partial shut-down, Castrol, Lewiston, N.Y., is offering savings to those who trial and switch to Castrol industrial coolants.
Financial Executives Express Concern About COVID-19 in PwC Survey March 16, 2020 Top financial executives participating in a survey by consulting firm PwC expressed concerns about the impact, including a recession, from the outbreak of the coronavirus (COVID-19).
Rough Boring vs. Finish Boring April 16, 2020 There’s more than one way to finish a hole. The most effective option will depend on the number of parts, cycle time and tolerances. One of the most effective options is boring.