October US cutting tool consumption totaled $198.00 million according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report (CTMR) collaboration, was up 13.2 percent from September’s $174.92 million and up 17.2% when compared with the $169.00 million reported for October 2016. With a year-to-date total of $1.835 billion, 2017 is up 8.0% when compared with 2016.
If NASA’s Journey to Mars project succeeds, the astronauts who make the 140 million-mile (225 million-km) trip to the Red Planet in the 2030s will need someplace to stay. The space agency is looking at 3D printing, using on-site materials, to manufacture humanity’s first deep space home.
Tool presetting machines are a wise investment for machine shops that want to increase their machine utilization. Idle machine tools are often indicators of inefficient machining operations, and stopping a machine tool for any reason is synonymous to losing profits.
More than 4,600 cutting tools items from M.A. Ford (Davenport, IA) are listed on MachiningCloud (Camarillo, CA), with more to come. M.A. Ford manufactures standard, high performance and custom cutting tools with worldwide manufacturing and distribution facilities. MachiningCloud is a product data provider for cutting tools, CNC machines and workholding.
HP Inc. (Palo Alto, CA) said today it’s introducing an industrial-sized 3D printer and expanding its offering of materials for additive manufacturing.
Waterjet technology, cutting materials with a jet of water, is proceeding down two parallel paths. The first involves more advanced machines, operating with more sophisticated software finding the right mix of pressure and speed, producing parts faster.
Fabrisonic, Now 6 Years Old, Moves to Develop New Processes, Materials
The manufacturing industry has lost another of its giants, with the news that Dick Morley, considered the “Father of the PLC,” an SME Fellow and former SME board member, passed away on Oct. 17 in New Hampshire at the age of 84.
When Desktop Metal introduced its “office-friendly” Studio metal prototype printer earlier this year, the company renewed attention on the issue of safer materials for binder jetting, an additive manufacturing method.
The Ceratizit Group (Mamer, Luxembourg) acquired the Komet Group (Besigheim, Germany) on Oct. 12, 2017. The transaction is still subject to the approval of antitrust authorities.