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CERATIZIT Group will host a global online event, “It’s Tool Time,” on Thursday, June 17 featuring experts who will focus on the value of process optimization through a variety of interactive machining demonstrations and presentations.

Felsomat USA will host Innovation Day on June 10 at its U.S. headquarters in Schaumburg.

Machine shops use a variety of techniques to track the condition of their cutting tools, ranging from simple to sophisticated. No matter what monitoring method is used, it can be crucial in preventing catastrophic tool failure. At its best, monitoring also significantly boosts tool life and slashes tooling costs.

The auto industry’s recovery from a global semiconductor shortage may be long and require revamping supply chains, according to a report by the Deloitte consulting firm.

Workholding needs to be super-sized when machining workpieces like truck transmission housings, wind turbine blades, rocket bodies, and more, for industries like aerospace and defense, agricultural, energy, marine, rail, and on- and off-road transportation.

In IIoT-based smart factory setups, AI-enabled digital assistants are linked into all assets and all data. It is this intelligence that takes the IIoT beyond data collection to predictions and decisions.

Establishment of cross-sectoral networks provides an affordable solution to help manufacturers fast-track processes to keep pace with AI technologies and realize far-reaching efficiencies at scale.

3D Systems announced plans for acquisitions of two companies.

ZEISS said it has agreed to acquire Capture 3D. Financial terms were not disclosed.

Machine tool orders surged in March -- both on a monthly and year-over-year basis -- as manufacturing’s economic expansion continued.